This is great to hear that Microsoft along with Technology Leaders Support OASIS Standards for Open Data Protocol.
Based on overwhelming feedback from the community, Microsoft announced that they, along with SAP AG, IBM, Citrix, Progress Software and WSO2, are proposing an OData Technical Committee (TC) in OASIS, an international open standards consortium. You can participate directly in producing the standard by joining the OData TC. OASIS will be announcing a Call for Participation in early June, including a notice on the odata.org mailing list. If your organization would like to be featured as a Proposer of the OASIS OData Technical Committee—alongside Citrix, IBM, Microsoft, Progress Software, SAP, and WSO2—contact join AT oasis-open.org before June 3rd, 2012.