This is just PeaZip Portable packaged with a PortableAppsInstaller.
PeaZip Portable is an nice, opensource archiving tool based on 7-Zip, also it is transparent and supports lots of formats. And did I mention it is small?
Link: https://downloads.sourceforge.net/armogohmasuites/PeaZipPortable-1.8-r1....
Source: https://downloads.sourceforge.net/armogohmasuites/PeaZipPortable-Source.7z
Changes:
Removed the IE crap, also I UPXed the guts of PeaZip.