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ZDNet posted a story that Microsoft has released a public preview of Exchange Server 2016



Microsoft officials previously blogged about and demonstrated the next version of Exchange a few months ago. They've said that this next version of Exchange will be available to customers in the second half of calendar 2015.

As noted previously, many of the new features in the coming Exchange Server 2016 release are already part of Exchange Online and Office 365. Microsoft officials describe Exchange 2016 as "an evolution of what was delivered in Exchange 2013.

"The new Exchange includes "significant updates" to the Outlook Web App, according to the July 22 blog post announcing the new release. Starting with the new Exchange release, Microsoft is renaming "Outlook Web App" to "Outlook on the Web." Outlook on the Web is getting Sweep, Pin, Undo, inline reply and other features with the release.With Exchange 2016, both Exchange itself and the Outlook client also will be able to take advantage of updates Microsoft has made to its search architecture.
  Microsoft delivers public preview of Exchange Server 2016