var arVersion = navigator.appVersion.split("MSIE")
var version = parseFloat(arVersion[1])

if ((version >= 5.5) && (document.body.filters))
{
for(var i=0; i<document.images.length; i++)
{
var img = document.images[i]
var imgName = img.src.toUpperCase()
if (imgName.substring(imgName.length-3, imgName.length) == "PNG")
{
var imgID = (img.id) ? "id='" + img.id + "' " : ""
var imgClass = (img.className) ? "class='" + img.className + "' " : ""
var imgTitle = (img.title) ? "title='" + img.title + "' " : "title='" + img.alt + "' "
var imgStyle = "display:inline-block;" + img.style.cssText
if (img.align == "left") imgStyle = "float:left;" + imgStyle
if (img.align == "right") imgStyle = "float:right;" + imgStyle
if (img.parentElement.href) imgStyle = "cursor:hand;" + imgStyle
var strNewHTML = ""
img.outerHTML = strNewHTML
i = i-1
}
}
}

<script defer type="text/javascript" src="png.js"></script>

<script type="text/javascript" src="png.js"></script>