This paper proposes implements and evaluates an image compression method called YALMIC (Yet Another Logic Minimization Based Image Compression) which depends on logic function minimization. This method considers adjacent pixels of the image as disjointed minterms constructing a logic function and compresses the 24-bit color images through minimizing the function. We compare the compression ratio of the proposed method to those of existing methods and show that YALMIC improves the compression ratio by about 25% on average.