New Executable
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The NE, or New Executable, is a new executable file format that was introduced with MS-DOS 4.0 (multitasking), and that was also used later in OS/2 and Windows. For Windows use, it is described in Microsoft Knowledge Base article Q65122, "Executable-File Header Format". The EXEFMT.EXE "Executable-File Header Format" (Item ID S12688) is a PKware compressed file that contains the NE file format.
A NE is also called a segmented executable.