Microsoft is going to launch it's new sql server 2005 future realease code name Katmai. It will be realeased in 2008. It provide better data management and dynamic development for the data management solutions.
SQL Server code name "Katmai" is a complete enterprise-class offering that builds upon the success of SQL Server 2005 and delivers increased functionality to a comprehensive range of applications from the desktop to the data center.
for more details you can visit following links:
Read the SQL Server code name "Katmai" Press Release
SQL Server code name "Katmai" Datasheet