Hello,
When you say "company's policy that just want to use 1 version before latest version", what does that mean?
Does it specifically say Latest version OR Latest Updated Release??
What version of SEP 12.1 are you carrying??
There are 2 versions of SEP 12.1 Released.
1) SEP 12.1 RTM (SEPM and SEP client) version 12.1.671.4971 Released on July 2011
2) SEP 12.1 RU1 (SEPM and SEP client) version 12.1.1000.157 Released on Nov 2011
Infact, Technically you may be using the RTM version, which is 1 version before the newer Release Update (RU)
I would say re-confirm that.
Again, if you insist for Downgrade from SEP 12.1 to SEP 11.x, you may like to check this :
https://www-secure.symantec.com/connect/ideas/downgrading-sep-12-sep-11-remotely-enterprise-solution-windows-7-and-server-2008-only-ps-neede
Hope that helps!!