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Parallels Announces the General Availability of Workstation 2.0 for $49 per License; Includes Full Support for Intel® Virtualization Technology

HERNDON, Virginia - Dec. 8th, 2005 - After months of focused research, development and testing, Parallels, Inc., (www.parallels.com) today announced the immediate general availability of Parallels Workstation 2.0, the world's first hypervisor-powered desktop virtualization solution, at the industry leading price point of $49 per license. Purchases can be made directly through the company's online store at www.parallels.com/buyonline/. New users are welcome to download and evaluate a free, fully functional 45-day trial of the powerful, user-friendly product by visiting the Parallels Download Center at www.parallels.com/download/.

Parallels Workstation 2.0's lightweight hypervisor inserts a thin layer of software between the machine's hardware and the primary operating system that directly controls some hardware profiles and resources, resulting in dramatically improved virtual machine stability, reliability, and performance. The technology also empowers Parallels Workstation to fully realize the features and benefits of Intel® Virtualization Technology architecture, an important new technology that optimizes CPUs for virtualization.

"We're pleased to see Parallels use Intel's new hardware Virtualization Technology," said Melissa Laird, general manager of Intel's Developer Relations Division. "With this offering, Parallels provides an affordable solution for client virtualization."

"The availability of Parallels Workstation 2.0 at the industry-leading price of $49, along with the product's powerful lightweight hypervisor and full support of Intel Virtualization Technology, sets the tone for Parallels' aggressive virtualization product roadmap," said Benjamin Rudolph, Parallels' Marketing Manager. "We look forward to continuing our mission of building 'virtualization solutions for everyone' with the upcoming release of our server virtualization products in 2006."

Parallels' hypervisor technology and support of Intel Virtualization Technology architecture ensure that virtual machines created with Workstation are maximally stable, reliable, and efficient, while the product's broad guest OS support, which includes Windows* 3.1 - Server* 2003/XP, multiple Linux* distributions, FreeBSD, and the OS/2* and eComStation* families, enables the product to accommodate nearly any user OS needs. To ensure smooth installation and operation in any environment, Parallels will be offering registered users 24-hour email support as well as providing regular product updates, upgrades and enhancements.

About Parallels
Parallels is server and workstation virtualization solutions company committed to building powerful, user friendly, cost-effective products that can be used by anyone, from an experienced developer to a computer "newbie" 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 zero-training operation. Additionally, Parallels solutions fully support Intel Virtualization Technology architecture, 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.

* Intel and Intel Virtualization Technology are registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. All other trademarks are property of their respective owners.

Media/Analyst Contact
Benjamin H. Rudolph
Marketing Manager, Parallels
703.234.5549 (direct)
202.437.6701 (mobile)