JIMZip is an easy-to-use, yet powerful, zipping and unzipping interface for MacOS X. Using JIMZip you can compress your files with a simple drag to either the JIMZip dock icon, or dragging window. JIMZip is compatible with programs such as: WinZip, PowerArchiver, PKZip, ZipIt, Aladdin Expander, Stuffit DropZip, and more..

Version 1.42 is shipping as of May, 2004.

http://jimzip.webbastille.com/