Features faster OS X performance, better graphics and USB support,
multinational keyboard & filenaming support

SAN FRANCISCO, California - August 8th, 2006 - At Day 2 of Apple's
Worldwide Developer Conference in San Francisco, Parallels announced
that it has released a beta update of Parallels Desktop for Mac, the
first solution that enables users to run Windows and other OSes at
the same time as OS X on any Intel-powered Mac without rebooting.

The update, which is free for all Parallels Desktop users, includes
several important upgrades, including:

* USB improvement, including USB support for Windows Mobile 5, web
cameras, and a much broader list of supported devices.

* The Mac hard disk cache can be now switched off for a virtual
machine, which can substantially improve OS X performance while using
Parallels Desktop.

* Improved graphic performance

* Complete keyboard support, including the "eject CD" button and
right & left shift mapping for non-English layouts

* Unicode path support lets users name files and paths in any
language Improved shared folders performance

* Minor bug fixes

Users can download the beta update of Parallels Desktop at
http://www.parallels.com/macbeta/download.

"Even though we've received positive feedback from several hundred
thousand users, including industry experts like Walt Mossberg and
David Pogue, we're not content to rest on our laurels," said Benjamin
Rudolph, Marketing Manager for Parallels. "This update, as well as
the new, groundbreaking features and upgrades on which we are
actively working, underscore our commitment to keeping Parallels
Desktop the #1 choice for Apple users who need to run Windows on
their Macs."

The final release of the update is expected in the next few weeks.
Users who have Parallels Desktop auto-update enabled will receive the
final update automatically. Users who do not have auto-update enabled
will be able to manually download the update by clicking "Check for
Updates" in the "Help" tab of the Parallels menu bar.

New users can download a free 15-day trial version of Parallels
Desktop at http://www.parallels.com/en/download/desktop. Full
versions of the product can be purchased at
http://www.parallels.com/en/buyonline, or in any Apple Store,
Staples, Office Depot, Micro Center, Fry's Electronics, or CompUSA
location. The SRP for Parallels Desktop is $79.99.

About Parallels

Parallels is a server and workstation virtualization solutions
company committed to building powerful, user-friendly, cost-effective
products that can be used by any Windows, Linux or Mac user to
improve efficiency, lower hardware costs, and reduce operating
expenses. The company's products all feature hypervisor technology
for strong, stable virtual machines, and an intuitive web-like
interface that facilitates quick set-up and usage. Additionally,
every Parallels solution fully supports Intel Virtualization
Technology, which is optimized to provide superior virtual machine
performance. The company is rapidly growing and employs a global team
of experienced technical and business professionals. For more
information, please visit www.parallels.com.