Java: Does String.Format exist in Java like in C#?

Question

Something I discovered I like about C# are properties & String.Format.

Does something like String.Format from C# exist in Java?

C# ex:

Answer 1

It' even called String.format():

String myString = String.format("Your lucky numbers are: %d, & %d", myNum, myNumSq);

This method is available since Java 1.5.