Flash XML :

Flash movies are known for their small file size and fast download. XML, a simplified and an extensible mark up language helps to save quite a bit of bandwidth.
SpaceKenya. has extended the XML rights to its highly satisfied customers.

It has allowed a structured data format that can be extended without breaking previous implementations and to empower Flash projects with dynamic content, backend databases, server-based applications, and much more....

What is XML?
XML is the extensible markup language. XML uses tags very similar to HTML, instead of describing the structure of the page the tags, XML uses the tags to describe the data. This allows a structured data format that can be extended without breaking previous implementations. A good starting point for learning XML is:

Why should I use XML?
XML is becoming a standard way for people to export and import data from different systems. It's simplified mark up language make it easy for different systems to read data in, without knowing the exact structure of the data. If the XML data description has been properly created it is possible to add additional information to your XML data files without affecting system that is already using the information.

If you load XML data into flash, an object model will be created that will allow you to easily manipulate and extract the data. The same object model is available to create XML data, and export it to an external system.