I came across a nice little Windows utility that will ping multiple hosts and generate an email alert and/or visual alerts. This tool is called Ping for Life.

Ping for life is a complete solution for network administrators and for people who must know the connection status through ICMP. It's the simpliest and most powerful ping graphical tool.

 

--> Please see the rest on the blog : http://techish.net/blog/2013/12/tool-tip-ping-for-life/