NetBeans 5.5 is a comprehensive Java integrated development environment (IDE) that provides out-of-box support for developing applications in Java SE, Java EE, and Java ME. It includes features for building web applications using Java technologies like Servlets, JSPs, EJBs, and web services. The presentation demonstrates creating sample applications using these Java EE features in NetBeans, including a web application using Servlets and JSPs, persistence with Java DB, an enterprise application with EJBs, and a web service. Questions are taken at the end.