Aomei Dynamic Disk Manager is a Dynamic Disk and Volume management utility, which allows you to create/delete/format/move/resize partitions easily.
Create dynamic volumes: set up mirrored volume in Windows 7 for fault-tolerance.
Delete/Format unused volume to destroy data.
Resize dynamic disk to adjust volume size or location without losing data.
Shrink/Expand dynamic volume to maximize disk space usage.
Extend dynamic system/boot volume for optimal computer performance.
Move slice helps generate contiguous unallocated space behind C drive.
Change drive letter and volume label for easier recognition.
Convert dynamic disk to basic without data loss.
Convert basic disk to dynamic while keeping data safe.
Convert GPT disk to MBR and ensure data integrity.
Convert MBR disk to GPT with simple steps.
Convert GPT disk to MBR to install Windows OS.
Initialize disk as MBR or GPT.
Create Volume Wizard simplifies the steps of dynamic disk configuration.
Add Drive to RAID: extend software RAID0 volume for your PC.
Remove Drive from RAID: shrink software RAID0 volume.
Move Volume Slice Wizard helps replace disks.
The home edition of Aomei Dynamic Disk Manager is Free you can get it from here. The professional edition of Aomei Dynamic Disk Manager will costs you $39, but you can get a free license from this giveaway page (from 1st, Aug to 3rd, Aug.)