This clever software allows you to create icon files for you web site, or other uses. It's shareware. I've used it before, and it creates excellent icons out of jpeg, bmp, gif, png, or other formats.
Basic License - Home use ($20.00 USD)
Basic License - Office use ($35.00 USD)
Professional License - Home use ($40.00 USD)
Professional License - Office use ($55.00 USD)
Upgrade from Basic to Professional License ($20.00 USD)
Download only, although you may also request a backup CD from the author.