GIF, but they're not the highest level of compression. It helps to reduce the file size of many PNGs files at once. PNG image compressor saves up to 50% less bandwidth Using PNG compressor in your web pages can reduce the amount of network traffic in your site. It's perfect for online game-streaming websites, for images used on landing-pages, for displaying images on websites or banners, as it can help significantly decrease the load time and the file size of the same sized page. The most popular way to save bandwidth in modern Internet is to apply compression algorithms that reduce the amount of data sent over a network by as much as 50% of it to save bandwidth and other problems for Internet companies. GIF image compression using PNG format GIF is a standardized image file format that is compatible with a range of graphics hardware. GIF is a popular graphic image that is used extensively in the most popular web based games and software applications such as Flash. GIF is a commonly used format in the digital image community and therefore should not be used to compress images without a certain knowledge and understanding of the GIF format. You can easily compress many graphics into GIF without having to know the GIF format or know how to use compression or decompress GIF images. However, you should also study GIF and the image compression tool and know about the advantages and uses of both. How To Create GIF From PNG? There are lots of free GIF tools out there but if you are on a budget you can try the following. You can easily compress many graphics into GIF without having to know the GIF format or know how to use compression or decompress GIF images.