OpenDocument approved as an ISO standard

On May 3 2006 OASIS OpenDocument Format (ODF) was approved as an ISO standard 26300.
May 3 2006 OASIS OpenDocument Format (ODF) was approved as an ISO standard 26300.  With adoption of ODF by ISO/IEC assured, software that implements the standard will now become more attractive to those for whom global adoption by ISO/IEC is required. In fact ODF is able to help the companies to save, exchange, manage, and control their documents easier and more effective. 

What is ODF

The OpenDocument format (ODF), short for the OASIS Open Document Format for Office Applications, is an open document file format for saving and exchanging editable office documents such as text documents (including memos, reports, and books), spreadsheets, databases, charts, and presentations. More on
www.wikipedia.org .