Fileminizer is a utility which will help you to compress Word, Excel and power point files. It claims that it can reduce the size upto 98%.
Reduce the size of all Microsoft Office files by up to 98%
Supports Microsoft Office 2010: compress PPTX, DOCX and XLSX files
Keep the original file format
Compress embedded pictures and objects and shrink the size of Microsoft Office files
Pack & Go: send optimized email attachments with one click
Outlook and Lotus Notes Add-ins
I just tried compressing a word file with size of 79MB( I converted a 100 Great Tips for the Amateur DSLR Photographer to a word document using AnyBizSoft PDF Converter) after conversion it become 6Mb that is around 91% reduction in size (I used strong compression, you can choose Strong, Standard or low. Or even you can choose a custom level.). The Images inside the document got some clarity loss but still not that bad.
FILEminimizer Office worth € 39.95, but you can get a free license just today(May 5, 2011), from GiveawayOftheDay.
1. Download the zip file, unzip and run the setup.exe file
2. Open the text file, go to the URl inside that text file and register
3. Check mail for the registration values (3 values) use those values to register and activate.