According to Microsoft Press Release, Visual Studio 2010 and .NET Framework 4 has been released.Developers will be able to obtain the new software during the Microsoft Visual Studio Conference & Expo launch event in Las Vegas.

Visual Studio 2010 contains many new features and improvements.With support for the latest Microsoft releases, developers can use their existing skills to create more types of applications than ever.Visual Studio supports Windows 7, Windows Phone 7, allowing mobile developers to create software for the mobile platform.

Regarding the .NET Framework 4, Microsoft stated, “.NET Framework 4 adds additional support for industry standards, more language choice, new support for high-performance middle-tier applications including parallel programming, and side-by-side installation with .NET Framework 3.5. With the .NET Framework 4 Client Profile, the size of the runtime has been decreased by over 80 percent, making it easier for developers to get applications, and therefore users, up and running faster.”

Via neowin.net