TokenTool removes much of the tedium from creating tokens for use with MapTool or your favorite online gaming application. Just drag an image into the background, select a frame, zoom and pan to suit, and drag off a finished token. The resulting token is transparent around the edges and cropped to the size you wanted.
Note that dragging images from Internet Explorer onto TokenTool exposes a bug in the browser which prevents transparent regions of GIF or PNG images from remaining transparent. The workaround is to use Firefox or right-click on the image and save it to your computer, then drag that file onto the TokenTool window.
TokenTool Latest Release
TokenTool v2.2.1 Change Log.
Other installation packages for TokenTool may be downloaded from the release page.