Adobe Photoshop

Adobe Photoshop is a graphics editing program developed and published by Adobe Systems Incorporated.
Adobe's 2003 "Creative Suite" rebranding led to Adobe Photoshop 8's renaming to Adobe Photoshop CS. Thus, Adobe Photoshop CS5 is the 12th major release of Adobe Photoshop. The CS rebranding also resulted in Adobe offering numerous software packages containing multiple Adobe programs for a reduced price. There are two versions of Photoshop: Basic and Extended, with Extended having extra features available. Adobe Photoshop Extended is included in all of Adobe's Creative Suite offerings except Design Standard, which has the Basic version.

Further information: Comparison of raster graphics editors#Features

Photoshop has ties with other Adobe software for media editing, animation, and authoring. The .PSD (Photoshop Document), Photoshop's native format, stores an image with support for most imaging options available in Photoshop. These include layers with masks, color spaces, ICC profiles, transparency, text, alpha channels and spot colors, clipping paths, and duotone settings. This is in contrast to many other file formats (e.g. .EPS or .GIF) that restrict content to provide streamlined, predictable functionality.
Photoshop's popularity means that the .PSD format is widely used, and it is supported to some extent by most competing software. The .PSD file format can be exported to and from Adobe Illustrator, Adobe Premiere Pro, and After Effects, to make professional standard DVDs and provide non-linear editing and special effects services, such as backgrounds, textures, and so on, for television, film, and the Web. Photoshop is a pixel-based image editor, unlike programs such as Macromedia FreeHand (now defunct), Adobe Illustrator, Inkscape or CorelDraw, which are vector-based image editors.

Photoshop uses color models RGB, lab, CMYK, grayscale, binary bitmap, and duotone. Photoshop has the ability to read and write raster and vector image formats such as .EPS, .PNG, .GIF, .JPEG, and Adobe Fireworks.

CS3

Smart Layers display the filter without altering the original image (here on     Mac OS X)

New features propagating productivity include streamlined interface, improved Camera Raw, better control over print options, enhanced PDF support, and better management with Adobe Bridge. Editing tools new to CS3 are the Clone Source palette and nondestructive Smart Filters, and other features such as the brightness and contrast adjustment and Vanishing Point module were enhanced. The Black and White adjustment option improves control over manual grayscale conversions with a dialog box similar to that of Channel Mixer. Compositing is assisted with Photoshop's new Quick Selection and Refine Edge tools and improved image stitching technology.^[4]
CS3 Extended contains all features of CS3 plus tools for editing and importing some 3D graphics file formats, enhancing video, and comprehensive image analysis tools, utilizing MATLAB integration and DICOM file support.^{[5] 
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