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The "JPE" file extension is a less common extension used for JPEG (Joint Photographic Experts Group) images. JPEG is a widely used image format known for its lossy compression, which significantly reduces file sizes while maintaining a high level of image quality, making it popular for photographs and web images. The "JPE" extension functions the same as the more common ".jpg" or ".jpeg" extensions, and it can be opened and edited with most image viewing and editing software. The reason for the different extensions simply comes down to historical variations and software preferences, and they all represent the same JPEG image format.

PNG stands for Portable Network Graphics, and it is a popular raster graphics file format that supports lossless data compression. PNG was created as an improved, non-patented replacement for GIF, and is the most used lossless image compression format on the Internet. It supports a range of colors, including full-color and grayscale images, and also supports transparency, making it suitable for graphics, logos, and detailed artwork.