Parallels Webcast Will Share Company Products and Vision

The Parallels CEO, Serguei Beloussov, will hold a keynote Webcast on Thursday, January 31, 2008 in which heill take a deep dive into the companyis virtualization technology, new products, vision and roadmap.

Joining Mr. Beloussov will be executives from leading Fortune 500 companies to share their own perspective on virtualization. Participating will be:

Diane M. Bryant, Vice President, Digital Enterprise Group General Manager, Server Platforms Group, Intel

Earl Stahl Vice President, Software Engineering, Computer Solutions Group, AMD

Doug Strain, Manager, Virtualization Software Marketing, Hewlett-Packard

Ken Won, Director, Enterprise Data Management, SGI

The Webcast (http://www.parallels.com/launchevent) will start at 11:00 AM Eastern Time, January 31, 2008 and last for about an hour. Access is open to everyone on the Internet. The Webcast will be streamed in QuickTime with no special or additional system requirements other than a Web browser.