The application offers you the possibility to create ICO files using images with various formats, such as JPEG, PNG as well as GIF
Misty Iconverter is a useful tool that is able to perform simple conversions from either JPG or PNG images into ICO format files, which are recognized by Windows as the default type for application icons.
Using the program is a breeze since all you have to do is select the target picture (taking into consideration the fact that there is a height limit of 350 pixels) and then press convert to have the icons generated immediately.
Operating system:Windows 8, Windows 7, Windows Vista, Windows XP, Windows 2000, Windows 98
This tool scans all local hard disks for icons of various file formats and extracts them from files to a more user-friendly visual image list. This also stores found icons in a database and compresses them.
Price: $29.95, Rating: 5, Downloads: 109
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The Easiest Way to Make Your Computer Folders Beautiful. Easily change your computer folders beautifully simply by drag&drop. Enjoy many cool, exciting and fun looking folders. Quickly identify folders importance based on different colors.
Price: $29.97, Rating: 8, Downloads: 107
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Allows to change icons of the chosen folder to any chosen by you. And even at connection of a hard disk to other computer of an icon will remain such what they were made by you.
Price: $9.99, Rating: 10, Downloads: 80
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Buddy Icon Constructor Free creates buddy icon from any image (BMP,JPG,GIF etc).
Price: $0, Rating: 10, Downloads: 71
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Price: $9.95, Rating: 10, Downloads: 66
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Misty Iconverter 1.7 
