Pano2QTVR is a panorama software to convert panoramic images into the Quicktime VR (QTVR) of Macromedia Flash (swf) format.

The converter is available as a limited free version (for non-commercial use) and a Pro version with enhanced features.
Pano2QTVR allows you to create cylindrical and cubic panoramas with hotspots, autorotation and background sound. The additional FlashPack exports those panoramas also to Macromedia Flash 8.
 

Feature Matrix :
Create cylindrical and cubic panoramas
Create object movies
Export the panoramas as Macromedia Flash (swf) file
Export the object movies as Macromedia Flash (swf) file
Create up to 255 hotspots
Create a grayscale or colored preview track with a chosen reduction factor
Generate subtiles for progressive download and rearranging them for the default viewing direction
All major QuicktimeVR parameters can be set for example fov, pan, tilt, protection, compressed headers, userdata,...
Spot the detail for the initial viewing parameters, and grab this position
Spot the detail in the next linked movie for virtual tours
High quality is enabled (more information)
Extract the cube faces for retouching and assemble them to the final output
Direct usage of the pano12.dll (if available), no annoying pop-up windows between the steps
Manipulate nearly all parameters with the GUI
Multiple, structured config files
Droplets for Drag & Drop batch processing of multiple files
Import up to 10 sprite-tracks, sound files, images, Flash movies,...
Background sound for panoramas