Vref is an output. It's the reference voltage used for the ADSmartIO A/Ds. You can't draw any power from it, but you can use it as a reference.
You could get 1.2V from it via a high-impedance voltage divider, but make sure you're not drawing any more than 100uA through the divider.
I guess it's possible that we could change the reference voltage to be 1.2V, if that's what you're asking. It would require a special factory configuration of your device. If you're interested, let us know the details of what you're trying to do.