WinSplash 1.1

WinSplash is a free utility that displays an image on your Windows startup, such as a splash screen. It is customizable, with the ability to set the amount of time the image is displayed.

WinSplash is an (in)utility that shows an image on windows startup (like a splash screen)
Image is fully customizable.
Supports Alpha Blended Images

There are also some secondary settings like chance to choose time until the image will disappear. Program is fully free!