Icon Constructor is an advanced icon creator, it converts all image formats into Windows icons. It supports Windows XP icons in 32-bit color depth with an alpha channel. This robust program works like the Swiss Army knife of icon creation!
Chameleon Icon converts images of any format into Windows icons with just a few clicks. Convert any picture or photo in BMP, JPEG, GIF, PNG, PSD, TGA and TIFF format into icons for your Windows desktop, applications, folders, email and ICQ contacts.
IconEdit2 is a TrueColor Icon Editor. Allows you to paint, search for icons in your files and capture screen areas.
Once you have installed IconUtils on your computer, you will be able to create and edit icons, toolbars, gif-buttons, convert image files of various formats, download icon libraries from the Internet and even more; all you need in one tool!
Icon Converter Plus
$29.95 - Program4Pc
Icon Converter Plus allows you to convert Windows BMP, RLE, GIF, JPG, JPEG, TIFF, WMF, EMF, PNG, PCX, JP2, J2K, TGA, RAS, CUR, ANI image formats into Windows icons. Make capture from your screen or applications and convert it into icon or image. Ability to BATCH conversion of Icon to Image and Image to Icon. Also able to EXTRACT Windows icons from inside of applications. Also able to Create, Edit and Manage Windows icons and Icon Library files.

Picture To Icon
$19.95 - exeicon.com
Picture To Icon converts images or any part on your screen into icons, resizes the icon and extracts icons from libraries. With Picture To Icon you make nice Windows icons of your pictures and digital photos quickly and easily. It converts BMP, JPEG, GIF, CUR, WMF, PNG formats into any sizes Windows icons. Capture any part on screen and convert it to icon or BMP file. You can resize icon form 1x1 icon to 240x240 icon. Extract icon from exe file.
Buddy Icon Grabber
$19.95 - Icon Grabber Team
Buddy Icon Grabber is designed to extract high-quality icons from application files (exe, dll), icon files (ico), and icon list files (icl) and save to ico, bmp, jpg files without color disortion. It can import all icons from an exe, dll, ico, or icl files. And it can also search all icons under a folder. Batch import and export are well supported. It can export icons to *.bmp, *.ico, and *.jpg files at five sizes.

IconCool Editor
$29.95 - Newera Software Technology Inc.
IconCool Editor is a powerful icon editor to edit icons, cursors and web graphics. It comes with all the functions for creating and editing ICO, CUR, ANI, ICL, GIF, JPG and BMP image files. In addition, it offers more than 50 image filters, as well as 20 image effects. You can convert images in 25 formats to icons. You can extract icons from EXE, DLL, ICL, OCX or any other files. Now it supports Vista icon editing and modifying.
Any to Icon
$19.95 - Aha-soft
Any to Icon provides you with a wizard-style converter for producing attractive Windows or Mac OS icons from images. Additionally, it allows extraction of icons from libraries and saving them as individual icons in selected folders. Any to Icon supports all popular graphic formats, including BMP, WBMP, JPEG, GIF, PNG, PSD, TIFF, XPM, XBM, ANI, and CUR. Output configuration settings include icon size, color depth and transparency.
IconXP
$29.95 - Aha-soft
Use this powerful utility to edit icons and customize Windows. IconXP contains a variety of paint tools to let you edit icons in either standard or custom sizes, in color depths up to 32-bit True Color. For Windows XP icons, you can add impressive drop shadow and smooth effects. You can import and export ICO, BMP, JPEG, CUR, ANI, GIF, WMF, PNG, XPM, XBM, WBMP and Adobe Photoshop PSD files. You can customize Windows Desktop icons and folder icons.
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