Compressed ISO

Similar question was asked on
http://club.cdfreaks.com/f3/my-iso-just-got-super-compressed-4-2-gb-2-3-gb-227797/

but it was shifted.

I believe there was (and I remember using it) ISO compression in old UltraISO
Now I can find only compressed ISZ there…

Is there any way to create Compressed ISO now?
Thanks