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Microsoft applications include a variety of software programs, including development and digital authoring programs (Expression and Media Center), educational programs, Internet software, including Essentials, Skype and the Live family, anti-virus, productivity applications and suites like Office, Excel, Word, Outlook, Access and PowerPoint, video games and server applications such as Exchange, SharePoint, IIS and Virtual Server.
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Upto my knowledge it is availble in WSS 3.0. Ok Just click the drop down menu of ur folder then check is it having "Manage Permissions". Check the attached image.
Thanks