Default [Q] Mobpro won't run on Xoom

I installed mobpro which is a streaming app.

Sadly it won't run on my Xoom.

I contacted the author of this app and I have been told that the Xoom doesn't support neon instruction set which is required to efficiently do video decoding.

Is this correct?

Seems strange that it can run lots of other streaming apps but not this one.

It has the latest cyanogen 4.4.4 KitKat ROM.
Can't anyone run mobpro on their Xoom?