IcoFX

IcoFX is a award winnig free little app to design icons.
It has 40 effects to apply on your icons, it can convert Mac icons ti Windows Icon and vice versa.

Some IcoFX's features:

• Support for Vista icon with PNG compression
• Create icons for Windows 98 / ME / 2000 / XP / Vista
• Support for Macintosh OS X icons
• Convert Macintosh icons to Windows icons
• Create icon libraries
• Create favicon for websites or blogs
• Easily convert images to icons
• Add, change or delete icons inside exe files
• Support for transparency (alpha channel)
• Batch processing for import, export and extract
• Multiple language support
• More than 40 effects + custom filter
• Resolutions up to 256x256
• Data types: 2, 16, 256, True Color, True Color + Alpha
• Extract icons from 32 bit exe and dll
• Import and export images
• Transparent, Brighten/Darken, Blur/Sharpen tools

http://icofx.ro/