I want to announce first version of ctx2png.
Ctx2Png is an addon to the GRX graphics library. It loads/saves a context from/to a PNG file.
PNG is a lost-less compressed graphics format. It have lots of features, like the ability to handle an alpha channel. You can read more about the PNG format in http://www.libpng.org/pub/png/libpng.html
The routines are not very efficient, but they work.
Download: