Files with DWG extension represent proprietary binary files used for containing 2D and 3D design data. Like DXF, which are ASCII files, DWG represent the binary file format for CAD (Computer Aided Design) drawings. It contains vector image and metadata for representation of contents of CAD files.
Files with PPSM extension represent Macro-enabled Slide Show file format created with Microsoft PowerPoint 2007 or higher. Another similar file format is PPTM which differs in opening with Microsoft PowerPoint in editable format instead of running as Slide Show. When run as slide show, the PPSM file shows the presentation slides with contents intact in the slide show and is in read-only mode by default. PPSM files can still be edited in Microsoft PowerPoint by opening it in PowerPoint.
You can also convert DWG into many other file formats. Please see the complete list below.