This document provides an overview of TYPO3 4.5 Long Term Support (LTS). It introduces the release team led by Ernesto Baschny and Steffen Kamper. The goals of 4.5 include long term support, an enterprise focus, improved usability, and compatibility with Internet Explorer 6. The roadmap outlines feature development through November 2010 followed by maintenance. Status updates are provided on projects to streamline the user interface, improve performance, enhance the enterprise features, and develop modern APIs.