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.
GIF is an image format that supports animated images. It can adapt 256 colors and uses lossless compression technique to contain images. It can also contain texts. It can contain low sized image animation. So it is frequently used in web publishing. It applies LZW compression algorithm to compresses low colored images.