HTML::PNG with Transparency
Getting IE to Display PNG with Transparency
If you browse to a Web page that contains an image that has a transparent background in Portable Network Graphics (PNG) format, the image background may appear to be gray rather than transparent.
MORE INFORMATION
Web developers who work with PNG files can use the AlphaImageLoader
filter, as demonstrated in the following example:
Use this code
<DIV ID="oDiv" STYLE="position:absolute; left:140px; height:400;
width:400;
filter:progid:DXImageTransform.
Microsoft.AlphaImageLoader (src='image.png', sizing
Method='scale');" >
</DIV>..
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