From Reezaa Media:
MP3 Cutter is a Windows application which allows you to cut large music or video files to small music pieces. With MP3 Cutter, you are able to cut not only MP3 format, but also WMA, WAV, AMR, WMV, AVI, MPG, 3GP, MP4, FLAC, OGG, WMV, MOV and more than 40 audio & video formats.
What's new in this version:
Version 2.0 adds the new engine, supports more formats.