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SOURCE: http://office.microsoft.com

Features:

What's new in Office Word 2007?
Office Word 2007 includes new tools that help you create more professional-looking documents in less time, build documents more easily from frequently used content, and produce professional-looking letters, proposals, datasheets, and other documents fast. Quick formatting capabilities help you rapidly apply a new look and feel to your documents, and the Live Preview capabilities give you a quick look at any changes you make.

What are some of the new e-mail management features?
Office Outlook 2007 includes a new category coloring feature that helps you locate, manage, prioritize, and respond to e-mail messages more easily. Office Outlook 2007 also provides improved junk mail and anti-phishing technologies that help you filter out undesirable items.

How can Office Outlook 2007 help manage marketing efforts?
Office Outlook 2007 with Business Contact Manager can help you manage your marketing efforts more efficiently. For example, you can use it to create custom mailing lists and personalize print or online marketing materials created in Office Publisher 2007 or Office Word 2007. You can also use Office Outlook 2007 to track customer responses and assess the overall effectiveness of your marketing campaigns to help plan future campaigns.

Microsoft Office Fluent user interface:-

What is the Microsoft Office Fluent user interface?
The way users interact with Microsoft Office Word, PowerPoint, Excel, Access, and Outlook has been redesigned with the 2007 release to make it easier for users to find and use program capabilities. The overall look and feel of these applications has been streamlined and new technologies introduced that present users with selections of potential results they can simply "browse, pick, and click" rather than complicated dialog boxes.

What are the key benefits of the Microsoft Office Fluent user interface?
The Microsoft Office Fluent user interface will make it easier and quicker for users to get the results they want. In addition, because the Fluent user interface makes it easier to take advantage of the application's rich feature sets, users will be able to produce better results faster.

Will all the Microsoft Office applications utilize the Microsoft Office Fluent user interface?
In the 2007 Microsoft Office release, Microsoft Office Word 2007, Office Excel 2007, Office Access 2007, and Office PowerPoint 2007 will have the Microsoft Office Fluent user interface. In addition, the Fluent user interface will be used in Microsoft Office Outlook 2007 when composing e-mail messages, creating tasks or contacts, and setting up meetings.

Why did Microsoft decide a new user interface was needed? Why now?
As we've added more and more features and functionality to the applications over time, it's gotten harder for people to find the things they want to do with the products. For example, Microsoft Word 1.0 only had about 100 commands, and by using the menus you could see everything you could do. Today, Microsoft Office Word 2003 has over 1,500 commands, many of which can be difficult to find. That element of discoverability is just one of the key issues addressed by the Office Fluent user interface.

Ecma Office Open XML Formats

What are the benefits of Office XML Formats?
The new Office XML Formats introduce a number of benefits not only for developers and the solutions they build, but also for individual users and organizations of all sizes.

Integration of business information with documents
Office XML Formats enable rapid creation of documents from disparate data sources, accelerating document assembly, data mining, and content reuse. Exchanging data between Microsoft Office applications and enterprise business systems is simplified?alter information inside a Microsoft Office document or create a document from scratch using standard tools and technologies; access to Microsoft Office applications is not required. Employees can improve productivity by publishing, searching, and reusing information more quickly and accurately in the environment they choose.

Open and royalty-free specification
Office XML Formats are based on industry standard XML and ZIP technologies, support full integration by any technology provider, and are available via a royalty-free license. Format specifications will be published and made available under the same royalty-free license that exists for the Microsoft Office 2003 Reference Schemas?openly offered and available for broad industry use.

Compact, robust file format
Smaller file sizes and improved recovery of corrupted documents enable Microsoft Office users to operate efficiently and confidently and reduces the risk of lost information. Office XML Formats use ZIP compression technology to store documents offering potential cost savings as it reduces the disk space required to store files and decreases the bandwidth needed to transport files by e-mail, over networks, and across the Web.

How is this different from the binary (.doc, .xls, and .ppt) file formats?
The new defaults are different because they will be based on XML. As a result, you'll be able to open and automatically edit Microsoft Office Word, Microsoft Office Excel, and Microsoft Office PowerPoint files with any XML processing program without having to "Save As" XML. The new formats build on Microsoft's earlier commitment to XML by improving file and data management, reducing file sizes, and improving recovery of damaged files. It will be easier than ever for users to access data from their Word, Excel, and PowerPoint files and integrate that information with back-end systems and processes.

Why is this an improvement over the current binary file formats?
The Office XML Formats will offer some key improvements over the current binary file formats in use within Microsoft Office Word, Microsoft Office Excel, and Microsoft Office PowerPoint today. Because these file formats are compressed, the resulting document sizes will be much smaller, in-between 50 and 75 percent in some cases. The file formats architecture also improves recovery of damaged files. Developers gain more granular control of the content within the files allowing them to index, remove sensitive information, and dynamically assemble documents.

Why did Microsoft change the file formats for Microsoft Office Word, Microsoft Office Excel, and Microsoft Office PowerPoint?
Microsoft developed the Office XML Formats to respond to customer requests for more rapid document creation from disparate data sources and to extend our commitment to industry-standard XML. By creating a new robust, yet compact, structure based on industry standards such as XML and ZIP, the new default file formats speed document creation while reducing the size of Word, Excel, and PowerPoint files and improving data recovery in corrupted files.

Is this the same thing as Microsoft Windows Metro?
No. Office XML Formats use some of the conventions described in the Windows Metro Specification, however, the formats are different in several important ways. Metro is a paginated, fixed document format introduced for Microsoft Windows Server 2008. The Office XML Formats are fully editable file formats for Microsoft Office Word, Microsoft Office Excel, and Microsoft Office PowerPoint. While they share similarities in their use of XML and ZIP compression, they are different in file format design and intended usage.

Do Windows Metro and Office XML Formats have the same archiving features?
No. While both formats utilize XML and ZIP, they are designed with different purposes in mind. Metro is a layout-focused document format being introduced by Windows Server 2008 to allow customers to effortlessly create, share, print, and archive documents. Office XML Formats are new default file formats that will be used specifically in Microsoft Office Word, Microsoft Office Excel, and Microsoft Office PowerPoint to enable more rapid creation of documents from disparate data sources, facilitating document assembly as well as data-mining scenarios.

How will the file format be different from the XML file formats used in Microsoft Office 2003?
The new file formats differ from the current Office 2003 XML Reference Schemas in two ways:

* XML files are ZIP compressed to reduce document sizes

* Data within a document (for example, comments, charts, images, document metadata) is segmented and stored in different components with the file. This modular, compact design is small but easy for developers and other programs to access.

When posted publicly, the new specifications will have an open, royalty-free license.

System requirements:
When upgrading from Microsoft Office 2003 to the 2007 release you should not need to upgrade your hardware, although you may need to upgrade to a supported operating system. When upgrading from Microsoft Office 2000 or Office XP to the 2007 release you will need to ensure that your hardware and operating system meet the minimum 2007 Microsoft Office system requirements.

We highly recommend you evaluate your computer before installing 2007 Microsoft Office system products to verify your computer meets or exceeds the minimum system requirements.

Note: The 2007 Microsoft Office system programs client is a 32-bit application and can run on a Windows 64-bit platform (Windows XP, Windows Server 2003, and Windows Vista) but there may be some feature limitations as noted in the system requirements below.