Yes, unfortunately no solution yet, I got an email from NEC stating they are working with Apple on it.
I asked if I can use another Mac running a OS supported and simply copy the icc profile created to the machine running 10.7.5, and they ( NEC) said "yes, it is the only workaround".
I did so, but somehow the screen looks off and little too bright for my taste. On the other mac it looked okay.
So, I'm not sure if this is a viable way to go.