"Bat-to-exe" is exactly what its name says - a bat to exe converter. Compiles Batch file to EXE files. The resulting EXE files are compressed and encoded, making it harder to reverse engineer your batch files. "Bat-to-Exe" is fast, simple to use and has a built-in auto-update functionality. The resulting EXE files can be freely redistributed.
The trial version of "Bat-to-Exe" is fully functional and not time limited. It allows converting as many bat files to exe as you wish. For free. It just contains a reminder.