Microsoft Image Composite Editor is a powerful panoramic image stitcher. The application creates a high resolution panorama from multiple photos taken from the same camera location. Microsoft Image Composite Editor allows you to save your stitched panorama in many formats, including common formats such as JPEG or TIFF, and multiresolution tiled formats that are used by many panorama viewers.
Features
State-of-the-art stitching engineAutomatic exposure blendingChoice of planar, cylindrical, or spherical projectionOrientation tool for adjusting panorama rotationAutomatic cropping to maximum image areaWide range of output formats, including JPEG, TIFF, BMP, PNG, HD Photo, and multiresolution tiled formats for panorama viewersSupport for "structured panoramas" -- panoramas consisting of hundreds of photos taken in a rectangular grid of rows and columnsNo image size limitation -- stitch gigapixel panoramasSupport for input images with 8 or 16 bits per componentAbility to read raw images using WIC codecsPhotoshop layer and large document supportStitch directly from a video (only on Windows 7)Automatic lens vignette removalNative support for 64-bit operating systemsAccelerated stitching on multiple CPU coresOptions dialog to control memory usage and scratch disk locations