Several news sources are reporting that an unnamed 10-person Chinese company has successfully reverse engineered the Skype protocol. This company is supposedly planning to release their own software in two weeks that take advantage of Skype’s networks.

The main source of this information seems to be from the blog posting of Charlie Paglee, the CEO of Vozin Communications. The posting details a Skype call Paglee supposedly received from his Chinese contact at this unnamed company, through a non-Skype client. Several news outlets reporting on this:

VuNet
NetworkWorld
TechWorld
SecurityProNews

So far, no mention of this on Skype’s security blog.