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The XML Paper Specification (XPS) format is basically an electronic representation of digital documents based on XML. It is a paginated fixed-layout format that retains the look and feel of your electronic documents. As a form of electronic paper, the XPS format provides a way in which you can easily create, share, print and save digital documents. Although XPS Documents can be easily created once you have the right software installed, just like the PDF, the XPS format is a difficult-to-handle format.
Open XML Paper Specification. Open XML Paper Specification (also referred to as OpenXPS) is an open specification for a page description language and a fixed-document format. Microsoft developed it as the XML Paper Specification (XPS). In June 2009, Ecma International adopted it as international standard ECMA-388.