V1.1 adds the ability to save measurement sets and choose V2 or V4 profiles
X-rite info
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i1Studio software provides the ability to profile monitors, projectors, scanners and printers. Monitor module supports both photo and video workflows. Printer modules include ability to create profiles for both color prints and Black & White prints. Profile Optimization module is designed to optimize a profile using colors extracted from a specific image and/or measured spot colors.
v1.1 update includes:
New Data Save Workflow for all modules of printer profiling – enables users to start the printer profiling process, pause it any time and resume automatically where they left off . Ideal for users that would like to print test targets from another application, speed up the process to profile several paper types, allow for extended paper drying time or profile a remote printer not on their network.
Ability to save ICC profiles in either Version 4 or Version 2
Profile Reminder feature to remind users to re-profile their displays
Updated sepia look in Black & White workflow
Several usability improvements and minor bug fixes
https://www.xrite.com/service-support/downloads/i/i1studio_v1_1_0I tested this update a while ago, and the software saves data in normal X-rite formats, but only from the targets it's created. No spot or strip reading though.