Download Microsoft Image Composite Editor

Microsoft Image Composite Editor is an advanced panoramic image stitcher. The application takes a set of overlapping photographs of a scene shot from a single camera location and creates a high-resolution Panorama incorporating all the source images at full resolution. The stitched panorama can be saved in a wide variety of formats, from common formats like JPEG and TIFF to multi-resolution tiled formats like HD View and Silverlight Deep Zoom.
Features:
1.State-of-the-art stitching algorithms automaticaly place source images and determine panorama type
2.Advanced orientation adjustment view allows planar, cylindrical, and spherical projections
3.Support for different types of camera motion
4.Excellent Exposure blending using Microsoft Research fast Poisson Algorithm
5.Automatic cropping to maximum image area
6.No image size limitation - stitch gigapixel panoramas
7.Native support for 64-bit operating systems such as 64-bit Vista
8.Output in a wide variety of image formats:
HD View
Silverlight Deep Zoom
TIFF, JPEG, PNG, and more.

What's new in version 1.2r1?

Fixed a bug that could cause the program to crash the Second Time it was run if there were non-English characters in the file paths of source our exported panoramas. (The "Options.xml" bug.)
Fixed a bug that allows more TIFF files to be properly opened
Changed autocrop to recognize 360 panos and provide a better crop rectangle in those cases
Removed Automatic from the Projection menu
Proper output of Silverlight 2 RTM Deep Zoom
Fixed a bug that could cause one input image to be dropped from a panorama seemingly at random
Added integration with the next version of Windows Live Photo Gallery