The first open source JPEG (re)compressor is PAQ (http://mattmahoney.net/dc/), but it's a little bit slow. Here is my JPEG (re)compressor which is based on uncmpJPG from JPEG Open Source Developers Package by Matthias Stirner. It's not optimized for speed and designed for files bigger than 100 kb.
Usage:
a) compression "rejpeg file1.jpg file2.jpg ..."
b) decompression "rejpeg file1.rjg file2.rjg ..."

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