Universal Extractor Portable is a program designed to decompress and extract files from any type of archive or installer, such as ZIP or RAR files, self-extracting EXE files, application installers, etc. It is a free and open source file extraction application that's light on system resources, portable and minimalistic.
Here are some screenshots to illustrate the features and user interface of this application:
ALZip
FileOptimizer
InnoExtractor
Express Zip
WinRAR