The user fires one beam from each eye that causes everything it hits to freeze. The beams he fires are noticeably larger than the one he fires in the original version.
Eis Shenron uses this move against Super Saiyan 4Goku. While Goku is charging a 10x Kamehameha, Eis moves quickly into the air and fires his Super Ice Ray, causing Goku and everything around him to freeze.
Omega Shenron also uses this attack on Super Saiyan 4 Goku to completely freeze him before using the Whirlwind Spin.