IconCool Icon Editor is an easy-to-use icon editor that has all the functions for creating and editing ICO, ANI, CUR, GIF, JPEG, WMF, EMF, TGA, and WBMP files. You can convert images in 25 formats to icons, and you can modify or replace icon images in EXE, DLL, ICL, or any other types of files directly. The program has 60 image filters, including Blurring, Sharpening, Embossing, Diffusing, and Color Balance. It has 15 image effects, including Linear Gradient, Radial Gradient, Rectangular Gradient, WAV, 3D Shadow, 3D Button, Text Gradient Effects, Noise, and Arbitrary Rotation. It has a smart image-capturing tool, which can be used to capture various-size images from desktops or from any other software. It supports Windows XP icons in 32-bit color depth with an alpha channel; now you can create semitransparent XP icons easily.
Version 4.0 build 40212 features minor improvements and bug fixes.
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