As you all know, one of the notable features in the Android 4.0 Ice Cream Sandwich OS is the time lapse video recording. For those who are interested in the feature, here is a new app that will help you lot.

The app christened Lapse It comes with lot of add-ons that will make time lapse video recording and processing easy. Using the simple app, the time lapse shooters can capture time lapse shots and edit it with the editing tools. The app allows users to trim, add music and also include some cool effects in the video recorded.

The app based on the powerful rendering engine, LibAV sports smartly designed UI with enhanced visual and usability. It comes with easily adjustable settings and allows you to capture videos with no limits in length or frames. You can make the videos in MP4, MOV or FLV formats and can upload to YouTube, Facebook and many others directly.

Lapse It is now available in the Android Market in two versions: Free and Pro. With the free version, you can capture videos at 240p resolutions only. With the $1.99 Pro version, the users will get additional features such as the ability to use the front-facing camera, 720p HD shooting and access to soundtracks.