Hiroshi Fujiwara has been previewing this upcoming App on his Honeyee Blog of late, now we have the official info. TAGit is a collaborative effort between MagicApps Design and fragment design, and provides the ability to tag photos with default logos, provided by fragment design of course, and text, from which you can select size, typeface etc. This is yet another app saving you the time taken to upload and play on photoshop, allowing you to protect the identity of your photos straight from your iPhone.
Available on iTunes for $2.99.
Find some examples below.