Icon Constructor   
by Sibental   

Icon Constructor converts BMP, JPEG, GIF, PNG, PSD, TGA and TIFF formats into Windows icons. You can find many images on the Internet and convert them to icons for use on your Windows desktop, in applications and much more. It supports Windows XP icons in 32-bit color depth with an alpha channel; now you can create semi-transparent XP icons easily. With just a few clicks, any image you find on the Internet or create in a paint program can be turned into an icon.
Assign eye-catching icons to individual Windows folders, making every folder different.
Our FriendlyLINK (c) technology allows creating icons using pictures of your friends and family. By clicking on this icon default e-mail client will start and you’ll be able to send letter. Add faces to your communications in Internet!
The simple Icon Constructor interface makes it easy to change the look of an individual folder.
This robust program works like the Swiss Army knife of icon creation!