Download the YUI (Yahoo User Interface) Compressor which compresses javascript and css files hence making the file size smaller and execution speed faster.
Download location:
http://www.julienlecomte.net/yuicompressor/
It is very simple to use this application to compress the files. All you need to have is a java installation in your machine.
$ java -jar yuicompressor-4.1.2.jar cufon.js -o cufon-min.js
The above is the command that you need to execute from command line to generate the minimized version of the javascript file.
(In the example above, I have used the cufon script which is an alternative to sIFR way of handling different fonts across wide range of browsers)