The Extractor 1.4.2.2

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The Extractor lets you extract any number of files with just one click. Simply drag and drop zip files, any one file of the same rar set or any folder, with any number of subfolders, to add to the list of items to be processed.
The Extractor lets you extract any number of files with just one click. Simply drag and drop zip files, any one file of the same rar set or any folder, with any number of subfolders, to add to the list of items to be processed. It can also delete processed files and folders after successful extraction. Supports ZIP and RAR archive formats.

Limitations: Offers to install Bing toolbar but has a simple one click opt-out.
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