Version 1.01 is out on the App store, you can now open voice memo in other apps. Simply choose the voice memo, then tap on the action button and choose “Open In…” then a list will be generated for all the available apps for opening the voice memo. Moreover, for full version, it has added functionality to open .m4a file from other apps, such as the Mail App. E.g. if you have a .m4a file came in as an attachment, you can easily choose to open it in voice memo wifi sharing!
