SnipURL

SnipURL (www.snipurl.com) -

Is primarily an easy way to shorten long URLs. This makes it easier to share web addresses with family and friends.

Some of its features :
1. Can be added to the Links bar in the browser to easily shorten the URL for the page you currently are at.
2. Once you register on this website, you can access ALL your 'snipped' URLs together, edit them and create more meaningful URLs. You can also keep a track of the no. of times a particular URLs has been accessed.
3. A snipping once created is PERMANENT. So, you can keep on sharing it again and again.

NOTE - Unlike as claimed by the SnipURL team, the system I worked on, did NOT allow me to create a SNIP IT button on my IE Links bar, by simply dragging the 'Snip this' option on their home page to the Links bar. As a workaround, here's what I had to do -
(a) Open ANY web page in the browser.
(b) Add that web page to the Links bar in my browser.
(c) Edit the targetted URL for that Links bar button to point it to the javascipt code pointed at by the 'snip this' option on the snipURL home page.
Evidently, the SnipURL team IS aware of this problem, they too have some suggestions at -
http://snipurl.com/faq to deal with it.

For more information about SnipURL check out their features page at -
http://snipurl.com/features

Another service of the same kind would be TinyURL (www.tinyurl.com).