Today we announced Microsoft Silverlight a new cross-platform, cross-browser plug-in for developing rich applications for the web. (Microsoft Silverlight was previously known as the lovely acronym WPF/E)
Along with this we're also announcing Expression Media Encoder, which is the product I've been working on since leaving the Video Memories Group. We've been working very closely with the Silverlight team so that you can import your video files into Expression Media Encoder and with a minimal amount of work create very cool and compelling video Silverlight experiences for the web.
If you happen to be at NAB this week, stop by the Microsoft booth and you should be able to check out our very own James Clarke, who will be doing some cool demos of Expression Media Encoder. We should also have a video up on Channel 9 soon with James showing off the product.