Two convenience distributions.
bzip2 compresses files using the Burrows-Wheeler block sorting text compression algorithm, and Huffman coding. Compression is generally considerably better than that achieved by more conventional LZ77/LZ78-based compressors, and approaches the performance of the PPM family of statistical compressors.
LZO is a portable lossless data compression library written in ANSI C. It offers pretty fast compression and very fast decompression. Decompression requires no memory. In addition there are slower compression levels achieving a quite competitive compression ratio while still decompressing at this very high speed.