i think it not supports any image format...
BMP or PNG of size smaller than 240X320.
PNG and GIFF
jpg (JPEG) is an image-file format. It is a style of compression readable by almost every computer nowadays. It supports a maximum image size of 65535×65535
GIF stands for Graphics Interchange Format in the computer technology. This term is very popular in the field of web and graphic designing. This format supports only 256 colors for image or graphic but it is better in the quality in the comparison of the jpg format.
GIF is such a format that supports animation and transparency. See the related question for more details on the GIF format and some other formats that support one of these features.
Full form of GIF format of image is Graphics Interchange Format. This format of image can able to save only 256 colors which makes this format poor in the comparison of other image format.
PSD format we use to store and share image data in other words images created or processed in Photoshop or other programs which supports PSD format.
PNG is an image file format, such as JPEG or BMP. One of the differences between PNG and JPEG, is that PNG supports transparency.
TIFF stands for Tagged Image File Format :)
Depends on the image format:
Tagged Image File Format was created in 1993.
Exchangeable image file format was created in 1995.