Eduard has found a bug in Aug 15th 2012 release. With his information I have just located this bug and fixed it.

User impact:

This bug was causing crash when I-SCRIPT was executed automatically in AUTOLOGIN mode. I-SCRIPT AUTOLOGIN mode is when I-SCRIPT launcher is placed on the LauncherTree immediately under one of the terminal launchers: COM-PORT-TERMINAL, TELNET-TERMINAL, SHELL-TERMINAL. In this case I-SCRIPT launcher is executed automatically when terminal enters CONNECT state upon successful execution of terminal launcher. When I-SCRIPT is executed automatically, it is crashing the program.

Workaround:

Download current version "Sept 20th 2012" (it contains the fix) until next version will be released with all changes documented.