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Icon EditorScreenshot 

 

Icon Editor works like a Swiss Army Knife of icon, cursor manipulation. Features find, manage icons on your system, image-editing features such as effects, filters, rotation, cropping, as well as a huge color palette, easy-to-use editor that has all the functions for creating/editing ICO, ANI, CUR, GIF, JPEG, WMF, EMF, TGA, and WBMP files, image filters, including Blurring, Sharpening, Embossing, , and Color Balance, image effects...etc

Screenshot of Icon Editor