> m I allowed to use the win32-dll to convert images, by a commercial product
> hout releasing my own sourcecode?

Yes.  See 

  http://magick.imagemagick.org/script/license.php

It says

Before we get to the text of the license lets just review what the license says 
in simple terms:

It allows you to:

    * freely download and use ImageMagick software, in whole or in part, for 
personal, company internal, or commercial purposes;
    * use ImageMagick software in packages or distributions that you create.

It forbids you to:

    * redistribute any piece of ImageMagick-originated software without proper 
attribution;
    * use any marks owned by ImageMagick Studio LLC in any way that might state 
or imply that ImageMagick Studio LLC endorses your distribution;
    * use any marks owned by ImageMagick Studio LLC in any way that might state 
or imply that you created the ImageMagick software in question.

It requires you to:

    * include a copy of the license in any redistribution you may make that 
includes ImageMagick software;
    * provide clear attribution to ImageMagick Studio LLC for any distributions 
that include ImageMagick software.

It does not require you to:

    * include the source of the ImageMagick software itself, or of any 
modifications you may have made to it, in any redistribution you may assemble 
that includes it;
    * submit changes that you make to the software back to the ImageMagick 
Studio LLC (though such feedback is encouraged).

A few other clarifications include:

    * ImageMagick is freely available without charge;
    * you may include ImageMagick on a CD-ROM as long as you comply with the 
terms of the license;
    * you can give modified code away for free or sell it under the terms of 
the ImageMagick license or distribute the result under a different license, but 
you need to acknowledge the use of the ImageMagick software;
    * the license is compatible with the GPL.

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