New Parallels Desktop for Mac Lets Users Run Windows Applications
Like They Are Native Mac Applications

Also includes Parallels Transporter for easy migration of existing
systems to virtual machines, "Plug and Play" support for USB 2.0
devices, and loads Boot Camp partitions as virtual machines.

RENTON, Wa. -- February 27th, 2007 -- Parallels announced today an
update to its Desktop for Mac software, which enables users running
Intel-powered Apple Macs to run Windows, Linux or any other operating
system at the same time as Mac OS X, without re-booting.

The new version of Parallels Desktop is anchored by Coherence, a
groundbreaking new feature that runs Windows applications on the Mac
like they are native applications. When users switch to Coherence
mode, the Windows desktop disappears, leaving Windows applications,
such as Outlook and Internet Explorer, running directly on the Mac
desktop and from the Mac application dock. It is completely
customizable, providing numerous options for loading and running
applications and viewing the Windows task bar and Start menu.

"When we introduced Parallels Desktop in April, we blurred the lines
between the Mac and Windows worlds. With the introduction of
Coherence, we completely blow that line away," said Benjamin Rudolph,
Director of Communications, Parallels. "This is a game-changing
technology that gives users the ability to choose the best
application for the job at hand. We intend to expand the Coherence
function to help computer users move to a truly operating
system-agnostic desktop."

"Given the plethora of applications available for the Windows
environment, making it practical for Mac OS X users to leverage
Windows applications without a reboot is a powerful benefit for
users," said Al Gillen, Research VP, System Software at IDC.
"Hardware virtualization and the ability to support multiple
operating systems simultaneously can offer significant value to
clients as well as to servers."

More information on Coherence, and screenshots of the feature in
action, is available at:
(http://www.parallels.com/products/coherence/).

Parallels Desktop also includes a powerful new migration tool called
Transporter that gives users the ability to move their entire
existing PCs -- including all of its settings, applications, files
and profiles -- directly to a Parallels virtual machine running on
their new Macs, without re-installing Windows. Transporter is
particularly important for users switching from Windows to OS X
because it allows them to keep the "security blanket" of their
familiar Windows PC while they learn how to leverage the power of
their new Macs. It also eliminates the hassle of having to "start
from scratch" with a new Windows installation, which for many
non-technical users can be a daunting experience.

Finally, Transporter instantly converts VMware Workstation and
Microsoft Virtual PC images to Parallels-ready images. This means
that Virtual PC users working on PowerPC Macs can upgrade to
Intel-Macs running Parallels without losing any information or
applications, and that VMware Workstation and VMware Player users can
easily upgrade their virtual machines, or any VMware Virtual
Appliance, to Parallels virtual machines.

Powerful New Features
In addition to Coherence and Transporter, the new version of
Parallels Desktop includes a number of important features that
dramatically improve the way computer users work with multiple
operating systems:

* "Plug and Play" USB 2.0 support: By upgrading USB support from 1.1
to 2.0, users can now access popular USB devices like external hard
drives, printers, and scanners, and use them at full native speed,
simply by plugging the device into their Macs. iSight cameras
built-in to MacBooks, MacBook Pros and iMacs are also fully supported
in virtual machines. There is no complicated setup required to make
USB devices work.

* Full-feature virtual CD/DVD drive: Users can burn CDs and DVDs
directly in virtual machines, and play any copy-protected CD or DVD
just like on a real PC.

* Support for Boot Camp partitions: The update gives Boot Camp users
the ability to easily run their entire Boot Camp installation,
directly in a Parallels virtual machine, without any complex setup or
manual reconfiguration. Users can switch between loading Windows in
Parallels Desktop or Boot Camp as often as they'd like.

* True "Drag and Drop": Easily share files between Windows and OS X
by dragging documents and folders from one desktop to another. Drag
and Drop is completely customizable to ensure maximum file and system
security.

* Compatible with Windows Vista: Users can create a new virtual
machine that runs Windows Vista, or upgrade a Windows XP virtual
machine to a Windows Vista virtual machine, without losing any
information or starting from scratch.

A complete list of features and improvements found in Parallels
Desktop for Mac is available at
(http://backend.parallels.com/products/desktop/ga/features/).

Award-Winning Innovation
The new version of Parallels Desktop for Mac is yet another in a
string of innovations to the award-winning product that runs Windows,
Linux or any other operating system at the same time as OS X, without
re-booting. Parallels Desktop for Mac was recently recognized with
the 2006 MacWorld Magazine "Editor's Choice" Award (known as the
"Eddy"), the PC World Magazine "Innovation of the Year" Award, and
became the first non-Apple product to win the MacWorld Magazine
Reader's Choice Award.

The beta version of this release of Parallels Desktop for Mac was
also named "Best in Show" at the 2007 MacWorld Expo, beating out
several thousand new Macintosh products that were on display.

Availability and Pricing
Existing Parallels Desktop for Mac users with auto-update enabled
will receive the new version automatically and completely free. Users
who do not have auto-update enabled can manually download the new
version by clicking "Check for Updates" in the "Help" tab of the
application menu bar, or can download the single package directly
from the Parallels Download Center at
(http://www.parallels.com/en/download/desktop/). Upgrading Parallels
Desktop for Mac does not require a re-install of any guest operating
systems or applications. After upgrading, users should re-install
Parallels Tools.

New users are welcome to download and evaluate a free 15-day trial
version of Parallels Desktop for Mac 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 Suggested Retail Price (SRP)
for Parallels Desktop remains $79.99.

About Parallels
Parallels, an SWsoft company, builds powerful, user-friendly,
cost-effective server and workstation hardware virtualization
solutions for the Windows, Macintosh, and Linux communities.
Headquartered in Renton, Wa., Parallels is a global company that
employs a rapidly growing team of experienced technical and business
professionals. For more information, please visit
(http://www.parallels.com).