OST or Offline Storage Files represent the user's mailbox data in offline mode on the local machine upon registration with Exchange Server using Microsoft Outlook. It is automatically created on the first use of Microsoft Outlook upon connectivity with the server. Once the file is created, the data is synchronized with the email server so that it is available offline as well in case of disconnectivity from the email server.
Files with ODP extension represents the presentation file format used by OpenOffice.org in the OASIS OpenDocument standard. A presentation file is a collection of slides where each slide can comprise text, images, formatting, animations, and other media. These slides are presented to an audience in the form of slideshows with custom presentation settings.
You can also convert OST into many other file formats. Please see the complete list below.