Almost there
It says you can record the feed, it's referring to the proxy recording on a memory card in the Teradek device, or to a network drive... Don't expect to see your recorded proxy files on your iOS device with this app. It would be pretty awesome if one of the video feeds was a selectable list of proxy files... I've used this app before to show a live feed from one Teradek Cube and a streaming feed from a computer outputting a live/recorded/mixed feed through a second Teradek Cube for one commercial client. Despite a little latency to get used to, they found the portability of the feeds on iPads and iPad minis useful; hence the above suggestion for those shoots when device/workstation minimalism is needed, along with maximum portability.