Bandizip is an intuitive and fast archiving application that supports WinZip, 7-Zip, and WinRAR, and other archive formats.

Bandizip includes support for ZIP, 7Z, RAR, ALZ, EGG, TAR, BH, LZH, GZ, BZ2, ISO, CAB, WIM, XZ, ARJ, and Z archives files, and users can create self-extracting files (.EXE) and multi-volume (split) archives files.

Another advantage of Bandizip is that it perfectly supports the Unicode system and includes a "Code Page" that will allow you to select the archive language without breaking international characters.

Similar:

How to Open and Use a Cab File in Windows

Extract, Expand or Create CAB Files With the Command-Line

What Is a RAR File and How to Open Them

What is LZMA Compression?

Version History for Bandizip:
http://www.bandisoft.com/bandizip/history/

Limitations:

Standard Edition: Free of charge, available for commercial and non-commercial use, some features limited.

Professional Edition: Sold to individual users. $30.00 (Single-user license)

Enterprise Edition: Sold to enterprise users. $20.00 (minimum purchase of two licenses)