The project will provide translation between Micrsoft’s Office 2007 Open XML format and the recentley apporved Open Document Format (ODF).
This is significant becasue now Office 2007 users will be able to open and use ODF formated documents and save Office 2007 documents as ODF formated documents. The other significant development here is that Microsoft is treating this project as open source and will located the downloads and sourcecode at SourceForge.
The new project is already off and running and a prototype of the converter for Word 2007 is available for download here.
This is good news and will promote better interoperability for ECM customers.
Here is the Microsoft Press Release: Microsoft Expands Document Interoperability