you might want to check http://www.soundslides.com/
even though it’s made for web, it can be used from a cd as well without problems.
if you happen to use a mac, photomagico is kindof kickass : http://www.boinx.com/fotomagico/overview/
Boinx PhotoPresenter 3
and of course, you have the usual ms powerpoint (pc and mac) or apple keynote (mac) presentation tools, where you can save your presentation as a standalone file that don’t need the host program to view the presentation…