This is a free software. Formati 11 is a (batch) graphics file converter; load formats: bmp, gif, jpg, png, wmf, emf, ico, icl, bmp, tga, tif, pcx, pcd, psd, psp, ppm, sgi, cut and eps; save formats: bmp, gif, jpg, png, tif, tga, ico and icl. Features: 34 effects including buttonize and seamless; Shape and Text tool; Twain scan; GIF and JPG optimizer; overlays; screen capture; smart resize; turn; PNG alpha support (mask based variable transparency); adjustable blending of two images; scriptable drawing wizards (HTML+javascript); NEW: Icon Manager, create and edit (multi-image) icons and icon libraries; .
You can download it here:
http://jansfreeware.com/