Techweb — “Front and center is Macromedia’s new Flex application-development framework, which will help developers code rich client interfaces on a variety of J2EE app servers. A version for .NET is due later this year. Flex is built on Macromedia’s version of eXtensible Markup Language, MXML, and will be teamed with a visual designer tool, code-named “Brady,” that will allow simple drag-and-drop interface design.”

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(Thanks for the sumbission Daniel!)