4Musics Multiformat Converter - tool for converting between most popular audio formats: WAV, MP3, WMA and OGG.
WAV -> MP3 (mp3 encoder)
WAV -> WMA (wma encoder)
WAV -> OGG (ogg[vorbis] encoder)
MP3 -> WAV (mp3 decoder)
MP3 -> WMA
MP3 -> OGG
WMA -> WAV (wma decoder)
WMA -> MP3
WMA -> OGG
OGG -> WAV (ogg[vorbis] decoder)
OGG -> MP3
OGG -> WMA
WAV -> WAV (wav bitrate changer)
MP3 -> MP3 (mp3 bitrate changer)
WMA -> WMA (wma bitrate changer)
OGG -> OGG (ogg bitrate changer)
Features:
-converting in 1 click!
-16 converters in 1: This little program contains 16 converters in itself for converting between WAV, MP3, WMA and OGG formats.
-Fast Converting Speed: Audio format conversion executes directly without any temporary files, and thus enables high converting speed and economy of hard disk resource;
-Advanced Output Format Settings: You can change bitrate (up to 320 kbps!), sample rate, stereo modes,..
-Automatic Source Deleting;
-Supports Drag & Drop: you can drag and drop files from Explorer or File Manager into it's main window.
-Tag Editor.

What's new:
Improvements:
-now all program windows can be attached to Main Window with a help of a special button near a "Close" button;
-audio options presets in audio options windows.
- new "Add Folder" window with ability to select types of audio files to be added and option for including subfolders;
- new option "Save subfolders structure", if you want to save encoded files to another place ("Options" window).
Fixed bugs:
-crashing at start/exit during load/saving settings;
-sometimes settings could not be saved;
-sometimes MP3 Options window flied away to the left top screen corner;
-some text strings could not be translated;
-bad File List redrawing;
-sometimes menubar position could not be saved;
-crashing when you press an "Audio" button;
-resource overdrawing during the idle time;
-incorrect multiple tag editing;
-now process window is always on top.

4Musics Multiformat Converter is the Shareware version. The full version can be purchased by clicking on the "CLICK HERE TO ORDER" button below for around  25USD.