From Smart Soft:
A personalized, easy to use and efficient application, it lets you quickly and easily convert between different file formats and rip music from your Audio CDs
With many personalization options to suit your preferences and needs, you can convert between MP3,WAV,WMA,OGG,MP2,VOX,RAW,AC3,MP3... Just drag and drop the files you need to convert into Smart Audio Converter and hit the Convert button. It also has an easy to use, built-in CD Ripper which allows you to extract music from your Audio CDs and save it to your hard drive as an MP3 or WAV format. You can set the quality of the output files for every supported format - bit rate, sample rate, change to stereo or mono, variable bit rate, frequency. The CD Ripper also has a built in FreeDB option which detects and labels the contents of your Audio CD.
With so many options, it is so easy to convert and organize your audio files.
Only in Pro version: extract audio tracks directly from your music CDs to computer files.