lol. It is similar. If you have to go into dept to say it isn't similar, it's similar. I immediately thought of internet explorer when I saw the E. Sure, you can say it's not the same. It isn't. However, it's close enough to confuse most people.
it's similar enough to elicit a recognition response from the target audience, yet different enough not to get us into trouble
THIS.
The only trouble is the IE isn't something that inspires much attraction or confidence.