Ever wanted to make rectangular shaped images, and didn't know how to make the edges round? Here's the tutorial on how!
Step One
Get any image you wish. Select the Rounded Rectangle Tool in the toolbar.
Start at the top-left of the image and drag it all the way to the bottom-right. It should look something like this:
Step Two
Select the Convert Point Tool from the toolbar.
Right click directly in the rectangle, and select Make Selection. A mini window should come up, and click ok.
Step Three
At the top menu, go to Select >> Inverse. The marching ants should be around the corners of the image.Use the eraser tool to erase the corners, or just simply click Delete on your keyboard.
Step Four
Now make the image transparent, and save it somewhere. Here's our result: