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one is for outside (outdoors, water resistant) and one for inside (indoors, not so water resistant)
All paint companies make similar quality of paints. They make lower quality paints for low rent apartment repaints and they make top quality exterior paints for residential use. The differences are in the usability and feel of the paint normally. Some are formulated to work better through a sprayer, while others are made to be brushed and rolled easily. Often, the things that a painter finds desirable in a paint, like coverage and workablitliy, are not the same the end user finds important, like washability, durability and fade resistance.
HS paints are paints that WHEN IT DRYS IT MAKES IT SHINY
In interior or exterior house paints.... Acrylics, emulsions and latex are, oils, lacquers and shellacs are not. In artists' paints... acrylic, watercolour, gouache, and some water based airbrush paints are, oils are not..
MAB Paints was created in 1899.