WinZip also has the option of creating smaller .ZIPX files; this takes longer (although the speedup compared to WinZip 14 is more significant for these files) and you can only open them with ...

WinZip has the best interface, most features—including cloud and social network integration—and the fastest performance of any file archiving utility.

The recently released WinZip Self Extractor 4.0, a powerful, separately licensed tool to create advanced Self Extracting Zip files, supports the new Zipx file format as well.