Hi, i have company logo, that needs to be resized from it's current size of 4kb to preferably 1kb as it's transferring through network bunch of times a day.
This is how it's now:

I can loose color information, as it's being printed on bw paper.
This is the biggest version of the image i have:
http://img117.yehhe.com/images/2198Logo_1.jpg, it's not the same shape, but it can do. It should end up with approximately same pixel dimension as the image posted above.
Anyone has some suggestions? I could use pretty much any file format, it doesn't have to be jpg, but jpg, or png would be desirable.
When i down sample it to less then 2kb, picture looks unacceptable.