This format was created to store images in RAW format that were created using Epson digital cameras. The image is stored in an uncompressed form, and it can be directly printed on Epson printers. This format can be edited using the Epson PhotoRAW software or using plug-ins in other image editors.
JP2 is a bitmap image format JPEG 2000. This can be a picture, an image from a surveillance camera, digital fax and other. In JPEG 2000 to compress the file using the technology of wavelet transform. This allows for a smoother and sharper image and the file size compared to JPEG for the same quality is lower.