Application Title of Edit App Information and Application Title of the application profile are different.
It is sure to have to agree if it is true. 

my Application ID is

http://developer.myspace.com/modules/apps/pages/EditApp.aspx?appid=146338

Thanks

 You have to log in as the application to change that part of the title. Use the credentials you provided when you created the app. There you can change that part of the title.