Silverlight is a Microsoft company product which the firm has presented in the past. Until now, Microsoft Company has launched 5 versions of the technological innovation. Silverlight is generally a powerful technological innovation to create and provide packed Internet, m-commerce and desktop computer programs. The recently revealed Silverlight version 5, often called Silverlight 5, keeps all features of Silverlight 4 to give rich commercial programs and consist of above forty fresh features. These new elements in Silverlight 5 help designers to improve the performance, top quality and efficiency. To develop high quality programs, Silverlight designers must have knowledge of common 'languages' like .Net and XML. The ideal flexibility and simple program of these frameworks create the job of program designers less complex. As it is a cross-browser and cross-platform system, the programs developed from this technological innovation run on all web internet explorer like IE, opera, Mozilla at the consumer system and also function with all computer OS and Apple. The recently launched features in Silverlight 5 have enhanced the user interface and multi-media services in RIAs. Silverlight 5 features Design handling unit components speeding, new codec assistance (H.264 and lots of others) which provide top high top quality of online videos. A new attribute marked as "TrickPlay" in Silverlight 5 permit Silverlight designers to consist of video wherein people can increase or lower the speed of video while seeing movie at regular audio message.