From Paragon Software:
Is your PC surrounded by piles of CDs and DVDs. If so, then Paragon CD-ROM Emulator will help to reduce the clutter. In just a couple of mouse clicks, the Emulator Manager can add a virtual CD drive to your PC. Use the Grab Wizard to make an image of any CD or DVD, and grab and drop that image onto your virtual drive. With CD-ROM Emulator you will boost the performance of your applications that frequently access a CD or DVD. Version 3.00.036 may include unspecified updates, enhancements, or bug fixes. Only one virtual drive, 3 CD/DVD images.