DAEMON Tools Lite

Quoting the description of the app
Key features
Functionality

Mount *.mdx, *.mds/*.mdf, *.iso, *.b5t, *.b6t, *.bwt, *.ccd, *.cdi, *.bin/*.cue, *.ape/*.cue, *.flac/*.cue, *.nrg, *.isz disc images to a virtual drive
Create .iso, *.mds/*.mdf and *.mdx images of CD, DVD, Blu-ray discs
Compress your images
Protect images with password
Manage your Image Collection

Media devices virtualization

Create up to 4 virtual devices (DT and SCSI in all) to mount several images simultaneously
Customize virtual drives: change a drive letter, DVD region, etc

Simple user interface with basic system integration

Get quick access to all functionalities via program icon in the System Tray
Use File Associations to mount images right from Windows Explorer
Use powerful Command Line Interface for automation purposes
Perform basic actions via handy DAEMON Tools Gadget on Windows Desktop

MountSpace - virtual disc usage statistic on-line service

Keep track of the disc image usage statistic
Find out Top 100 most popular images
Search other discs similar to yours
Search for disc images that you are missing
Browsing for most relevant gameplay videos and much more

Product page:

DAEMON Tools Lite 4.46.1 Change-log

* New:
- SPTD 1.83 (Windows 8 support)
* Bugs fixed:
- Minor fixes.