WinZip 15 is one of the most popular and widely known archive managers available. The latest version 15 enables you to compress, encrypt, share and backup data and boasts a brand new user interface. And although the application is known for being one of the best out there, it's not the cheapest and there are a number of freeware alternatives. There is now a Mac version available, too.
WinZip 15 link.
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