Nullriver, Inc. has released NetShare onto the iTunes App Store this evening (via iPhone Alley). The $9.99 application promises to allow you to share your iPhone’s network connection with your computer.

Share your iPhone’s EDGE or 3G Internet connection with your computer using NetShare. NetShare provides a SOCKS5 proxy for your computer to connect to.

NetShare’s inclusion in the App Store is a curiosity, as Apple must have manually approved its inclusion. It’s unclear if the Application would go against AT&T user agreements. AT&T typically charges Smart Phone users $30/month extra to use tethering applications. Screenshots of the application’s instructions have been included here:

This application has been confirmed to work by multiple users. NetShare is available on the iTunes App Store.

Tags | iphone app, netshare