Microsoft will hold a press conference at 12 p.m. (PDT) today where the company's CEO Steve Balmer is expected to make a statement - right before the company announces the release of Office 15.

The details of the press conference and live web cast are under wraps at the moment.

What's more, published reports say the invitation to the press conference didn't offer any details either.

However, speculation points to Balmer giving a "state of Microsoft" update.

TechRadar will have more information on the press event and the announcement later today.