PowerZip is a local product that comes in two flavours: PowerZip 2000 and PowerZip 2000 Lite. PC World reviewed the free limited-feature Lite version that is supported by advertising. Be prepared to be looking at the ads longer then you expect, as this program is painfully slow - taking two to three times longer than other zip programs. While supporting the basic .zip format, and decompressing CAB files, features such as disk spanning and support for many common formats are not included (such features are available in the purchased version, which also turns off the ads). Every PC needs a zipping tool and PowerZip 2000 Lite can be quite handy if you do minimal zipping/unzipping and don't mind the sluggish performance or blinking advertising. The price is a bargain and the Lite version comes with free e-mail support.
(Speed: 1 minute 45 seconds to zip, 55 seconds to unzip).
PowerZip 2000 Lite