What is Adobe Extract – And Why Should You Care?

The PSD format lies at the core of modern design. It was born in the 1980’s and has — for most of that time — been the industry standard for imagery. In fact, it’s a format so flexible and ubiquitous that it often even serves as an interchange format for other non-photoshop apps, such as Premiere and Illustrator.

Looking back, there has only ever really been one drawback to the PSD format: sharing your files with collaborators and clients that don’t have direct access to a copy of Photoshop can be tricky.

via What is Adobe Extract – And Why Should You Care?.