SubViewer is a software that can displayed a subtitle synchronized with a movie (Divx, Avi, etc…)
SubViewer is based on Windows Media Player. It use all format of subtitle like MicroDVD, SAMI, SubRip, SubViewer 1.0 and 2.0, Sub Station Alpha and others.
SubViewer is completely free.
Download: SubViewer 4.0.4