Control panel 1.02 is the latest version of control panel application and it is one of the Android personalization applications. This application is work on Android version 2.2 and up. The main bug fixes of this version are retouched themes and we can add a toggle button for empty notification icon from without removing the quick settings option bar. Current version of Android control panel is version 1.02. Using this app, we can quick access to volume control options, ringtone options and brightness adjustment. So we can reduce battery consumption easily. We can quick access the personalization option using the quick setting tab. So it is a good feature for lowest android versions. This feature is already available in latest Android 4.2 version, Jelly Bean with security feature. It is a free Android application.
Here is the official video of control panel 1.02 for Android phones