SimplyIcon is a free, lightweight, portable and simple image to icon converter software, it turns creating ico files into a simple drag and drop action.
Using SimplyIcon is deadly easy, after you’ve downloaded and extracted it, just double click the file named “SimplyIcon.exe” to launch the application, then you can drag the source image file from Windows Explorer into SimplyIcon, SimplyIcon will convert it to ico format and save it to the harddisk instantly.
The supported input image formats include bmp, gif, png, jpg, tif, pcx, etc. It will create 128×128, 32×32, 24×24 and 16×16 levels for you in the background, if the source image is larger than 128×128 pixels, it will be resized to 128×128 pixels.
SimplyIcon works on Windows 7, Windows XP, etc.
SimplyIcon is a 520K download available from CNET.