What is LAB Color Space? [HD]

MORE: http://www.HiDefColor.com/?p=1876 What is the LAB color space and why you need to know more about it to help you produce better color in print.

Knowing the LAB color space is essential to understanding color management. LAB color is the common denominator is communicating between RGB and CMYK color space. LAB is device-independent, meaning it is the only way to communicate a color's known value across multiple devices and industries.
What are the three axis and what do they mean?

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