IcoFX is an 51 awards winning freeware icon editor. It is an all-in-one solution for icon creation, extraction and editing. It is designed to work with Windows XP, Windows Vista, Windows 7 and Macintosh icons supporting transparency. With a wealth of tools and more than 40 effects at your fingertips, there’s virtually no limit to the icons you can create. You can easily convert your favorite images into icons, or icons into images. IcoFX gives you the possibility to create icon libraries or change icon... More info »
IcoFx is commercial software now. I think IcoFx version 1.6.4 was the last free version. You can download it here. http://goo.gl/gpo74
Best icon creating software. It's like Photoshop for icons, while at the same time, it puts IconDeveloper to shame.
A godsend when it comes to working with icons, extracting icons, etc.
IcoFX belongs to the most high-value graphics preparation programs, that I know. It is just a pity, that this outstanding program can only edit Icons (pictures) until max. 256X256 pixel and no ScreenShots with larger dimensions.
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