ppFonter is a bitmap generation tool whose sole purpose is to take truetype font
BS Editor: Key features of ppFonter are:

1.Reduce development time and cost. Can save many hours of work for artists.

2.Ability to deal with zip archives containing TTF files, SINGULAR TTF files and system installed TTF files.

3.Packs characters in texture pages reducing wasted space like other generators that use legacy Grid spacing.

4.Ability to set page dimensions. When generating a font, ppFonter will automatically Create as many pages that will be needed to accomodate all characters specified.

5.Drop shadow with independant opacity and colour setting.

6.Three predefined character settings and the inclusion of user defined text.

7.Supports drag and drop of various image formats to texture fonts.

8.Font and background colour settings, random I feel lucky colour setting and scriptable presets using XML.

9.Customisable export and preview plugins using the supplied SDK.

10.Supports unicode, making asian localisation a few clicks worth of work.

11.User defined text will only use the unique characters that you need, very useful for asian localisation.

12.Supplied preview plugin will let you preview what a font will look like in its intended enviroment by just changing the background bitmap and the XML script. you can free download ppFonter - Bitmap Font Maker 3.0 now.