Originally acquired by Macromedia, Flash was ushered in in 1996, and is presently developed and distributed by Adobe Systems. Flash is normally applied to create animation, advertisements, and various web page Flash components, to integrate video into internet pages, and far more recently, to develop rich Internet applications.
The precursor to the Flash application was SmartSketch, a drawing application for pen computers running the PenPoint OS developed by Jonathan Gay, who began working on it in college and extended the idea for Silicon Beach Software and its successors
When PenPoint failed in the marketplace, SmartSketch was ported to Microsoft Windows and Mac OS. With the Internet becoming more popular, SmartSketch was re-released as FutureSplash, a vector-based web animation in competition with Macromedia Shockwave. In 1995, SmartSketch was further modified with frame-by-frame animation features and re-released as FutureSplash Animator on multiple platforms. The item was offered to Adobe and utilized by Microsoft in its early work with the Internet (MSN). In 1996, FutureSplash was acquired by Macromedia and released as Flash, contracting "Future" and "Splash".
As you might already know Flash technology is also applied for designing Flash templates and Flash site layouts.
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