At long, long last, Adobe is bringing Flash to Windows Mobile, and the other smartphone platforms, of course. Arriving in early 2010, Flash on the mobile platforms will bring native flash rendering on your device, reducing the need for some of the server-side proxy rendering we see in browsers like Skyfire and Bolt.

From Adobe:

The browser-based runtime leverages the power of the Graphics Processing Unit (GPU) for accelerated video and graphics while conserving battery life and minimizing resource utilization. New mobile-ready features that take advantage of native device capabilities include support for multi-touch, gestures, mobile input models, accelerometer and screen orientation bringing unprecedented creative control and expressiveness to the mobile browsing experience. Flash Player 10.1 will also take advantage of media delivery with HTTP streaming, including integration of content protection powered by Adobe® Flash® Access 2.0. This effort, code-named Zeri, will be an open format based on industry standards and will provide content publishers, distributors and partners the tools they need to utilize HTTP infrastructures for high-quality media delivery in Flash Player 10.1 and Adobe® AIR® 2.0 software.

For the full press release, visit the Adobe website.