Remo Software has introduces Remo ZIP Free Edition for Mac 1.0, its new compression utility that offers 10 levels of lossless file compression from “SuperFast” to “Best.”

Offering multicore-enabled processing, the app provides compression/decompression of standard .zip files and Remo’s .rzip files. The folks at Remo say the free app is superior to Apple’s Archive Utility in speed and flexibility. A paid version (US$29.95) allows users to create .zip files larger than 4GB and add password protection and encryption.

Remo ZIP is compatible with Mac OS X 10.6 and higher. It’s available at www.remosoftware.com/ .