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As rumoured, today Microsoft uveiled more information about its new suite of online applications which look set to challenge the likes of Google Docs.

Initially announced back in October, Office Web will have stripped down versions Word, Excel, OneNote and PowerPoint, all readily available on the customers’ web browser.

According to Microsoft the Software will be free and in the same way that Google Docs is available to anyone with a Gmail account, Office Web will be available to anyone with a Windows Live! account.

New features in Office 2010 will include an image-processing tool and an enhanced cut-and-paste function for Word, a video-processing tool for PowerPoint, and tools to deal with email management in Outlook.

All Office 2010 applications will be delivered in 32- and 64-bit formats, and Office 2010 will be installable on Windows XP with service pack 3, Vista, and the yet-to-be-released Windows 7 operating system.

For a full look at the features available in Office 2010 have a look here.

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