Icon Generator - Icon Generator is a little application built on AIR that lets you generate a CS5 or Web 2.
IcoFX - IcoFX is an all-in-one solution for icon creation, extraction and editing.
FastIcns - DigitalWaters.net Projects - by Matteo Mecucci and Juna Salviati
Icono Maker - Icono Maker is an icon maker for Windows.
icoworks - .ico editor for Windows 8 and Windows RT
Img2icns - Image2icon provides the fastest way to customize your icons, easily and free.