VALUE HAS A VALUE IF ITS VALUE IS VALUED

Office 2010 (previously known by the code name “Office 14“) will include slimmed-down versions of Word, Excel, PowerPoint and OneNote that let people create and edit documents in a Web browser. Consumers will have access to a free, ad-supported version.

Also a new version of exchange-email server will be available for purchase in the second half of 2009. When paired with the next version of microsoft's outlook e-mail program, exchange 2010 aims to prevent e-mail faux pas and would warn people against trying to “reply all” to a huge distribution list. It can also be tweaked to stop people from sending e-mail outside the organization, helping businesses cut down on unnecessary e-mail and prevent leaks.

Microsoft plans to let hundreds of thousands of people test a technical preview of the new office portfolio starting in the third quarter of 2009.