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"7-Zip": Best file compression software

"7-Zip": Best file compression software and its free!!

I have tried many file compression softwares like WinZip and WinRar to name a few. But recently I came to know about this free file compresion software called 7-zip in e-week magazine. It has all the features of a commercial file compression software and it is free unlike Winzip or Winrar! And I found this 7-zip very effective and light weight sofware.
7-Zip
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