From Webvantage Design:
The Text Message Translator is an app that gives you 70 different abbreviations used for text messaging and for instant messaging. This app can be used by text message users to have a list of the text message abbreviations right on your iphone! You can use this app to help remember what the abbreviations are as the full word is revealed when you click on the buttons. Use this app to practice your texting skills, or to find out what a text message is saying! This app is great for parents with kids who do nothing but text!
This app will be update from time to time with new abbreviations and words!