Top Most Java 5 New Feature format method style of C language

package com.myapp.test;

import java.util.Date;
import java.util.Formatter;
import java.util.Locale;

public class PrintStreamTestForFormatAndPrintf {
    public static void main(String[] args) {
        // format
        double balance = 1234.56;
        System.out.format("Balanceis $%,.2f", balance);

        Date today = new Date();
        System.out.format("\nToday is %TF %TT", today, today);
        // Formatter Class
        Formatter myUSformat = new Formatter();
        Formatter myFRformat = new Formatter();
        System.out.println("\nFormatter Class Useses");
        String balUS = myUSformat.format("\nBalance is $%,6.2f", balance)
                .toString();
        String balFR = myFRformat.format(Locale.FRANCE, "\nBalance is $%,6.2f",
                balance).toString();

        System.out.println("US" + balUS);
        System.out.println("FRANCE" + balFR);
    }
}