IconLover is a useful program that will allow you to manage, store, import edit and create icons and cursors. The icon creation module has all the necessary features that will satisfy an experienced designer: "Layers" design model, alpha-blending, a wide range of special effects, sophisticated transformations, etc.

With IconLover 5.20, you can:
Manage icons, static and animated cursors, icon and cursor libraries and image lists
Create and edit smooth semi-transparent icons, static and animated cursors for Windows XP
Create and edit icons in standard and custom sizes, with color depth up to 32-bit True Color
Create and edit animated GIF images
Make stylish icons from your images
Paint images with gradients and fills
Create multi-layer images
Modify images with drop shadow, opacity, smoothing, negative, grayscale, colorization, rotation, roll and mirror effects
Import and export ICO, BMP, JPEG, ANI, CUR, GIF, PNG, TGA, TIFF, WMF, WBMP, XPM, XBM and Adobe Photoshop PSD image formats
Import Mac OS icons from ICNS and RSRC files
Make icons in ICNS format for Mac OS
Manage icon libraries for better and more efficient image storage
Extract icons from Windows executables, libraries and animated cursor files, ZIP and RAR archives
Download icons from the Internet
Modify icons inside executables
Search in folders for icons and cursors
Convert or apply effects to multiple icons at once
Customize desktop and folder icons

Home Page: http://www.aha-soft.com/iconlover/index.htm