TUGZip and ALZip are two free archiving tools they support almost all the compression formats.

TUGZip features

• Supports ZIP, 7-ZIP, ACE, CAB, JAR, LHA (LZH), LIB, RAR, RPM, SQX, TAR, TGZ, TBZ, TAZ, YZ1..etc
• Supports BIN, C2D, IMG, ISO and NRG disc-images.
• Create 7-ZIP, BH, BZ2, CAB, JAR, LHA (LZH), SQX, TAR, TGZ, YZ1 and ZIP archives.
• Basic features like: add, extract, delete, rename, run, view, checkout, install, test, virus-scanning, disk-spanning and much more.
• Repair corrupted ZIP and SQX archives.
  
• Can extract multiple archives at once using Multi Extract.
• Encrypt archives using 6 different algorithms.
  
• Create self-extracting encrypted archives.

Homepage - Link
Screenshots - Here
Download TUGZip from their website

ALZip Features

• It can open 36 formats alz, ace, arc, arj,bhx, bin (hex files), bin (CD images), bz2, cab, gz, iso, jar,mim, rar, tar, tgz,7z……..more
• Create 8 formats alz, bh, cab, tgz, jar, lzh, tar, and zip archives.
• Can create self extracting archives (SFX/EXE)
• Split Archives
• Password protection
• Highly customizable
• Easy integration
• Recovery of lost passwords
• Antivirus Integration

Homepage - Link
Download ALZip from their website

Make your choice !!