The document discusses Oracle Java ME Embedded 8.1 Developer Preview, which provides support for ARM Cortex-M3/M4 microcontrollers like the Freescale FRDM-K64F board. It allows Java ME applications to run on small embedded and IoT devices with as little as 190KB of RAM. The developer preview offers features for application installation, execution control, networking, file access, device I/O and more. Optimization tips are also provided to help developers design for resource-constrained devices.