I got you an answer (btw didn't mean to insult you with my earlier post, it's always worth to point out the obvious with these things).
*Compress Old Files
Unlike the other categories, Compress Old Files doesn't delete any files from the drive. It compresses files that Windows hasn't accessed for a specified period of time. The files are still available, but there will be a slight increase in access times because the files will be decompressed the next time they are accessed. Note that when Compress Old Files is highlighted an Options button appears. Clicking it will allow you to set the number of days to wait before an unaccessed file is compressed.
From
http://www.theeldergeek.com/disk_cleanup_utility.htm
Hope that helped.
-Sul