This format is used for data exchange in programs that work with vector graphics from Corel, and also for printing completed designs. It contains image data and also the metadata that describes it. In CMX it’s possible to store layers that can be independently edited. The format is recognized by Adobe Illustrator versions 6-8.
PNG is a raster graphic data storage format that uses lossless compression algorithm to Deflate. PNG was created as a free format to replace GIF. PNG supports three main types of raster images: grayscale image, a color indexed image and the color image. PNG format stores graphical information in a compressed form.