Parallels Desktop 3.0 for Mac Update Now Available

Free update includes new features that tighten integration between Windows
and OS X

RENTON, Wash. — September 11, 2007 — Parallels, Inc. announced today that
it has released an update to Parallels Desktop 3.0 for Mac, the company’s
award-winning software that enables Mac users to run Windows, Linux, and
any other operating system at the same time as OS X on a single Mac
desktop, without rebooting.

The update, which is free for all registered Parallels Desktop 3.0
customers, includes several new features, updates and enhancements that
make running Windows and Mac software at the same time on a single
Intel-based Mac easier and more seamless than ever before:

* Seamless Look and Feel: Coherence, Parallels’ innovative view mode that
lets users run Windows applications like they are native Mac applications,
now offers full integration with OS X’s “Expose” feature. This means when
expose is activated, each Parallels Coherence window will appear as a
separate Window, displayed with its full contents, enabling users to select
a Windows application individually. Coherence windows also “stack” in any
order with Mac applications and offer drop shadows, just like native Mac
application windows. Individual Coherence windows can also be minimized to
the Mac application dock.

* Mirrored Desktops, Documents and Media: Users can set their Windows
Desktop as well as their “My Documents”, “My Pictures”, and “My Music”
folders to automatically mirror their Mac OS X desktop and the “Documents”,
“Pictures”, “Movies” and “Music” folders located in the Mac home directory.
This ensures that important files are at the ready regardless of which
Windows or Mac application the user is currently working with. Parallels
Shared Folders can also be mapped to Windows letter drives for easier
access.

* More Powerful Parallels Explorer: Parallels Explorer, which enables users
to view and modify the contents of their virtual machine (VM) hard disk
while the VM is off, now recognizes suspended VMs. Users can also choose to
automatically mount a VM hard drive to their OS X desktop as a drive that’s
readable and writable even if the VM is off. This gives users the ability
to access files inside their VMs instantly and at any time, without opening
Explorer, for increased flexibility and productivity.

* Superior Performance and Lower Overhead: Real-world workload performance
has been substantially improved, especially in high stress situations like
OS startup and shutdown. This release includes improvements in resource
usage, particularly CPU utilization. Users can now also allocate up to 2GB
of RAM to an individual virtual machine. Windows Vista performs faster and
more smoothly than in previous builds.

In-depth information on the update’s new features and major improvements,
plus videos and screenshots of key features in action, are available at
http://www.parallels.com/en/products/desktop/screens&demos

Continued Momentum for an Industry-Leading Desktop Virtualization Product
This update further improves the Parallels Desktop 3.0 award-winning
desktop virtualization product that powers more than 600,000 Macs
worldwide. Since its initial launch in June 2006, Parallels Desktop for Mac
has been recognized with MacWorld Magazine’s “Editor’s Choice” Award (the
“Eddy”), PC World Magazine’s “Innovation of the Year” Award, and was the
first non-Apple product to ever win the MacWorld Magazine Reader’s Choice
Award. Parallels Desktop for Mac was also named “Best in Show” at the 2007
MacWorld Expo and in May 2007 was ranked #6 and a “Reader Favorite” on PC
World Magazine’s “100 Best Products of 2007” list.

Availability and Pricing

Parallels Desktop 3.0 for Mac registered customers will receive the update
free and automatically via Parallels Desktop’s integrated automatic updates
tool. The update can also be downloaded and installed manually from
www.parallels.com/downloads/desktop.

Parallels Desktop 3.0 for Mac is available for purchase online at
www.parallels.com/en/buyonline, and boxed copies are available at the Apple
Store, Amazon.com, CompUSA, Fry’s Electronics, MicroCenter, Office Depot,
Staples, select Best Buy locations, and hundreds of other retailers
nationwide. The standard retail price (SRP) of Parallels Desktop 3.0 for
Mac is $79.99.

New users are also welcome to download and test a free, fully-functional
copy of Parallels Desktop 3.0 for Mac for 15 days. The trial product and
documentation is available at www.parallels.com/downloads/desktop.

Businesses, schools, non-profit organizations and government agencies
interested in volume pricing and site licenses should contact their
Parallels Solutions Manager at sales@parallels.com or 425-282-6400, or
contact their authorized reseller.

About Parallels

Parallels, Inc., an SWsoft company, builds powerful, user-friendly,
cost-effective server and workstation virtualization solutions for Windows,
Macintosh, and Linux. Headquartered in Renton, Washington, Parallels, Inc.
is a global company that employs a rapidly-growing team of experienced
technical and business professionals. For more information, please visit
www.parallels.com.