Microsoft Image Composite Editor v2.0.2.0

Microsoft Image Composite Editor can create a high resolution panorama from a set of overlapping photographs of a scene shot from a single camera location.

It has been developed by Microsoft Research Computation Photography Group. ICE can also create a panorama from a panning video, including stop-motion action overlaid on the background.

Panoramas can also be saved in a wide variety of image formats, including JPEG, TIFF, and Photoshop’s PSD/PSB format

NOTE: This version is for 32-bit Windows. You can get a 64-bit version here.