Icon Processor is a goodie for icon lovers or those who adorn their desktops and Explorer with fanciful little graphics. This icon generator allows you to take an image and convert it into the ICO format. Icon Processor supports Bitmap, JPEG, GIF, SVG, AI and WMF graphics as well as desktop cursors. For example, you can use it to create icons from images you've found on the Web or family photos you digitized with a scanner. In addition, Icon Processor can extract icon files from folders and libraries.
With Icon Processor you can:
Create smooth icons from images or photos
Apply effects and styles to icons
Create semi-transparent icons with shadows
Search for icons in folders, split icon libraries into individual icons
Use command-line or wizard interfaces
Home Page - http://www.iconempire.com