Driver Magician Lite is freeware, it identifies all the hardware in the system, extracts their associated drivers from the hard disk and backs them up to a location of your choice. Then when you format and reinstall/upgrade your operating system, you can restore all the “saved” drivers just as if you had the original driver diskettes in your hands.
Support Windows 98/SE/ME/2000/XP/2003/Vista/Windows 7/x64
If you want to update drivers, you need the commercial version: 29.95 $.
See also:
http://www.techbeta.org/hardware/driver-magician-lite/
Portable-app version:
http://www.techbeta.org/category/portable-apps
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