Peqno.com is a new service which shortens your url to something smaller. The service is pretty much similar to the one tinyurl.com provides.
Using url shortening service can be useful when you have to send across really long urls to your friends you can simply use this service and shorten the url.
Also if you want to hide the actual identity of the site while linking you can make use of this service.
Using peqno is quite simple, you just enter the long url into the space provided and click the button and peqno will shorten the url for you.
The results are quite good and a url I tried which contained 73 charcters was shortened to 28 characters.
So if you want to shorten your urls, try out peqno.com.