It allows IT teams to develop and manage web apps and business processes, using visual models, bringing together application development and business process management into one single, unified environment.
It can be used to integrate existing systems, compose and automatically deploy new applications, manage them centrally and drive change during their entire life-cycle.
It's now available in its free Community Edition <a href="www.outsystems.com/download">here</a>.
There are a series of <a href="www.youtube.com/outsystems">demos and videos</a>, plus <a href="http://www.outsystems.com/gettingstarted/">tutorials and how-tos</a> for those new to the OutSystems world.
The full <a href="http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20091117005547&newsLang=en">release announcement</a> has details on the major features, and the <a href="http://www.scribd.com/doc/22686730/What-s-new-in-the-Agile-Platform-5-0">What's New</a> document contains comprehensive information on changes in this new release.