Hyper-V Program Manager
You can read the full press report here. The summary is that a number of industry members working on virtualization (Microsoft included) have been working on an open virtual machine format, which is now been accepted by the DMTF (distributed management task force). This format provides a uniform way for all virtualization vendors to define the configuration of the virtual machines. Interesting stuff.
Does it (virtualization) mean we can share remote hardware?