Microsoft is developing its own version of the open source Python scripting language to run on its .net framework,...
which is used to develop Windows applications.
Called "IronPython", the Microsoft version is seen by the company as a way to make software development easier. Microsoft also claims IronPython is 1.8 times faster to use than the original Python when used in the .net environment.
IronPython is currently at version 0.7 and Microsoft is working on version 1.0. IronPython 0.7 can be downloaded from Microsoft's gotdotnet.com developer site.