I am using DevExpress Image and there is a property “IsPng” that will indicate whether this in an png image or not so i am curious how does it matter if it is png image or not ?
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The main feature PNG features over other “web” image formats is that PNG support alpha-transparency.
See http://www.w3.org/TR/PNG-DataRep.html#DR.Alpha-channel
This means you can overlay PNGs over other images and text and allow them to “show through” at variable degrees of transparency. You can view some W3C tests at http://www.w3.org/Graphics/PNG/inline-alpha.html