The document discusses features of the .NET framework 2.0. It introduces the .NET framework as a code execution platform and describes its main components - the Common Language Runtime (CLR) and class libraries. It highlights differences between .NET framework versions 1.1 and 2.0, such as additional directories and 64-bit support in 2.0. New features in .NET framework 2.0 include remoting, globalization support, manifest-based activation, and improved window-based form controls. The document concludes that the .NET framework allows for building dynamic applications.