If you try to download the tool from HP's website you would be downloading nothing but QTP 11.0!!
They also have a website which is "http://unifiedfunctionaltesting.com/" which is under construction :-)
You can download their brochure about the tool from here , which says that they are targeting at multiple layers of an application from one single place.
Layers of Application are
- Business Process Testing
- Application level / GUI testing
- Headless layer / Web services testing / Java/JMS or .NET API