Adobe Photoshop touch was firstly announced last year, October, 2011 precisely and it's designed for iPad 2 running on iOS 5 and higher only.
It is also reported that this application does not bring all the Photoshop features, however you will find something interesting to play with your image using the tool described as "let you quickly combine images."
Yes using Photoshop touch for iPad 2 app you can combine your images, also adding professional effects, once you see everything adorned accordingly you can then share it to your friend in Facebook or other social networking sites.
Aside from the above mentioned ability, this application also allows you to import image from various sources like Google Images, Facebook or from your iPad 2 camera to your project.
Are you interested? You can get this application installed on your tablet, you need to purchase it for $9.99 in the App Store today.