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Play movies or music stored in compressed formats without decompressing them first.
You are likely looking for because it was the last version that offered a truly free, fully functional option (without a nag screen for basic mounting). Newer versions have more restrictions in the free tier.
While WinMount had been around for years, version 3.15 is often cited as a "sweet spot" build. It refined the mounting engine to support a staggering array of formats, moving beyond simple ZIP files to become a comprehensive virtualization tool.
and select "Mount to new drive" to start using it.