Which version of java is required for AS Java 7.0.1?

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I heard that from AS Java 7.0.1 onwards, we need to use java 1.5. Is it true?

Coz we have an application which used to run earlier but after migrating to 7.0.1 SP 5, its not wokring properly. And an exception "Bad Record MAC" is being thrown at api call URLConnection.getInputStream().