What kind of Date format is this value, and how can I convert it to a valid .NET Date object type?

Well I need to drop this question here, and I am sure someone can help on this one. 
What is the format of the following date stamp (obviously it is 10/23/09 @ 12:00:00AM)?  "20091023T000000Z" Can I convert this nicely to a .NET Date or DateTime object without using a bunch of String manipulation to parse it out (which I can do if needed; that is easy enough) I thought maybe removing the 'T' and 'Z' and then trying 'Date.FromFileTimeUtc' might be worth a try, but the above date does not appear to be in a valid UTC format.
Date experts, please speak up!  Thanks!
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