nixCraft shows you how to compress PNG files in bulk

I have lots of images in png format (over 250k+ png). Properly formatting and compressing png images can save many bytes of data. How do I compress and optimize png images on my amazon cloud account so that I can save bandwidth on cloudfront cdn account? How do I use an image compressor to create lossless compression on PNG files, with no effect on image quality in bulk using Red Hat Enterprise Linux bash shell?

  Linux / Unix Command To Optimize and Compress PNG Files In Bulk