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Google Launching Presentation Software

Aficionados of PowerPoint repositioning presentations will have another arrow in their quiver: a new online presentation program from Google. Google Chairman and CEO Eric Schmidt demonstrated the software yesterday at a conference for Internet entrepreneurs.

Google would not release more details about the software, though product manager Rajen Sheth says users will be able to store documents online and let anyone with a free Google account view the slides, spreadsheets or documents. It will give away two versions of the presentation software starting this summer -- and will sell a "Premier" version with extra storage for $50 per year.

The program is part of Google Docs & Spreadsheets, which the company has been unveiling piecemeal for nearly a year. Schmidt downplayed the Microsoft rivalry, saying Google's product doesn't have "all the functionality" of Microsoft Office. But added, "It seems to be a better fit to how people use the Web."

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