Finally, Office on .NET
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The Office framework is completely written in .NET. It does not contain any COM or C code.This means increased security, reliability and performance.
The Office Framework uses the standard Microsoft Office 12 file format. Documents created by the Office Framework can be edited with Microsoft Office. Conversely, documents created in Microsoft Office may be edited with the Office Framework.
Developers can integrate the Office Framework into their application without relying on Microsoft Office being installed on the client machine. There is no cumbersome runtime license to install and manage.
The Office Framework is designed in a modular fashion. It is deployed as a set of .NET assemblies. Each assembly is compact - typically around 100K and serves a specific purpose. You can use the whole framework or only the parts that are relevant to you application.