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From the IPDF Web Site:

The International Digital Publishing Forum (IDPF) today announced the completion of a major revision to EPUB, the global standard interchange and delivery format for eBooks and other digital publications.

The IDPF membership unanimously voted to elevate EPUB 3.0 to a final IDPF Recommended Specification, publicly available at: http://idpf.org/epub/30.

EPUB 3 was chartered in May 2010 and developed by a global working group of over 100 contributors, reaching Proposed Recommendation status in May, 2011. Based on HTML5, EPUB 3 adds support for rich media (audio, video), interactivity (JavaScript), global language support (including vertical writing), styling and layout enhancements, SVG, embedded fonts, expanded metadata facilities, MathML, and synchronization of audio with text and other enhancements for accessibility.

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