Icon Processor converts BMP, JPEG, GIF, PNG, PSD, WMF, PCX, TIFF and CUR formats into multi-resolution Windows icons. You can add files and folders from Windows Explorer or other file shells using drag and drop. You also can paste bitmaps from the clipboard and change color resolution and size to create customized icons. It's possible to convert 256-color icons into True Color icons and vice versa. Smooth resampling is supported.
Plus, you can break down entire icon libraries into individual icons. Icon Processor allows you to extract icons from folders and libraries and place them into the directory of your choice.
The application has a wizard interface, making it simple to process multiple files at once. You can find many images on the Internet and convert them to icons for use on your Windows desktop, in applications and much more.