This extension makes use of a collection of popular tools found online that tries to decrease the size of images of the following types: .png, .jpg, .bmp, .gif, .pnm .tiff, .tga and .pcx. For that, there's a convenient action called Optimize that runs losslessly or if you prefer a particular tool, an action for each is available: JpegOptim, OptiPng, PngNq, PngQuant or PngOut.
Notes: