With the help of Photoshop or you may try alternative variant below. Program opens/reads/views/repairs .psd files.
To open a PSD file is an Adobe Photoshop file. To open such a file one needs to have Adobe Photoshop and Adobe Elements installed on their computer as well as the latest Adobe flash player.
Open PSD file in Photoshop then go to File > Save As. In Save As dialog choose from Format drop down list at bottom of dialog: Photoshop EPS.
To import a PSD file into After Effects, go to File Import File, select the PSD file you want to import, and then choose the import options you prefer. After Effects will then import the PSD file, allowing you to work with its layers and assets in your project.
Yes, .psd files maintain the layers you create in Photoshop so that the next time you open your .psd file in Photoshop you can continue to work directly onto the layers.
You can open .psd with Corel Draw and then save it as .cdr if you see warning that file cannot be opened, then try import with right click-import
save from Corel draw file as psd in order to be able to open it in Photoshop, photoshop doesnt support cdr files
Because new version of Photoshop have features not available in previous versions, this does not mean you can not open file from new version in some of previous but mean that features not available in previous versions will be rasterized and flattened. To ensure that anyone can open PSD file in previous version turn on Maximize PSD and PSB File Compatibility when saving file (Edit > Preferences > File Handling).
Gimp can open a .PSD file directly, and save it out as it's native format - the .XCF
Yes, Photoshop is backwards compatible, however, once you save the file in CS5 you will not be able to use it in CS4 anymore. You can use files saved in CS5 in almost any other version and any page layout program which supports psd files, here i mean to save as psd. When saving turn on Maximize PSD and PSB File Compatibility in Edit > Preferences > File Handling.
psd is a photoshop extension and can be opened with photoshop or photoshop elements.
Besides Photoshop, GIMP can also open PSD ( Photoshop Document ) files.Photoshop Elements can open almost fully editable PSD file. Some options are not available in pse like grouping and layer comps, some layer style options and so on but you can still open PSD and work with it. Also many other programs can open PSD files but not fully editable: Adobe Photoshop Lightroom, Adobe Illustrator, Corel Draw and so on.I can advise you an alternative variant below.
Usually people use PSD format but you can import Illustrator file through File > Place in any open document.