Does Python have a Template::Extract equivalent from Perl's CPAN

[combinational.logic $ soc-ip.com]

Can you please elaborate on how to use Python for MS Excel AddIn
development?  Is this easy to do?  I would love to be able to create
custom extensions to Excel using python!  IMHO Python is much better
than Perl due to its OOP features.

Cheers,
  CL