The International Color Consortium was established in 1993 by eight industry vendors for the purpose of creating, promoting and encouraging the standardization and evolution of an open, vendor-neutral,
cross-platform color management system
architecture and components. The intent of the International Color Consortium profile format is to provide a cross-platform
device profile format. Device profiles can be used to translate color data created on one device into another device’s native color space. The acceptance of this format by
operating system vendors allows end users to transparently move profiles and images with embedded profiles between different operating systems.
[Source: International Color Consortium Web site]