Is there a way to export QT files in lesser quality without losing the time code?

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I need to make smaller versions of my some QT files for a project I'm working on so I can send them via DVD or Dropbox to the translator on my project. I've been using different things to export QT files to a smaller size - MPEGStreamclip, QT 7, QT Amateur - but each time I lose the time code.

Is there a way around this? How can I make much smaller QT files without losing time code?
 

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