Adobe PhotoShop 7.0.1 Update Fixes a number of problems discovered after Photoshop 7.0 was released.
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Adobe PhotoShop 7.0.1 Update Description

The Adobep Photoshop 7.0.1 update fixes a number of problems discovered after Photoshop 7.0 was released. The most significant fixes in the 7.0.1 release include the following: - Photoshop now saves alpha transparency data in Targa files in the same way it did in previous versions. - If the color settings color management policy is set to "Off," Photoshop no longer asks to save changes unless other edits have been performed. - The total ink now defaults to 300% as it did in previous versions of Photoshop. - The color of white areas in CMYK files saved as JPEG files no longer shifts. - TIFF files with LZW compression are now written correctly. - Files made with Photoshop now work better with Microsoftﾮ Windowsﾮ XP's automatic thumbnail generation. - Favorites now function correctly in the Open dialog box. - Picture Package no longer locks up when it encounters incorrect file types while using custom page layouts. - Metadata is better preserved in certain JPEG files. - Photoshop no longer appears frozen when applying KPT3 filters. - Photoshop now offers better compatibility with older Intelﾮ Pentiumﾮ III hardware. - Photoshop no longer produces a program error when resampling certain large 16-bit documents. - An issue that prevented Photoshop 6.0 from opening certain files containing layer effects and edited in Photoshop 7.0 has been fixed. - The Maximize Backwards Compatibility for Photoshop Files preference now correctly sets the state of the Maximize Compatibility checkbox in the Photoshop Format Options dialog box when you save a file as Photoshop (PSD) format.

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