RoadSide Software Blue Diamond Suite handles all of your compression needs. It not only quickly zips files, but also UUencodes those files, if needed. The software can even make new archives for you, so that you will have a location for the files that get uncompressed. Blue Diamond Suite supports several file formats, including executable files.

The license of this software is Free Trial Software, the price is $15.00, you can free download and get a free trial.