Finding a solution to the lack of Adobe Flash support has been attempted through HTML5 before by other software developers, but this time Adobe itself is giving it its best shot. Adobe has been working on a tool that converts Adobe Flash content into convenient HTML5 code, which can run on HTML5-enabled browsers such as the mobile version of Safari, for example. Codenamed Wallaby, the converter seems to be doing a pretty good job in what it is designed to do even though at this point it is still at its experimental stage. Check out the video below for a brief demonstration of the software in action. Web developers willing to give it a try may download it from Adobe's website, where Wallaby is available at no charge.
source: Adobe Labs via Redmond Pie