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Parallels has announced the release of Parallels 4, which the company says improves OS integration, performs up to 50% faster and incorporates a range of security, backup and power saving features.

"Parallels is committed to continuing the innovation that has resulted in Parallels Desktop for Mac winning more than 30 major awards and being a premier Windows-on-Mac virtualization product," said Serguei Beloussov, CEO. "With version 4.0, we’re delivering an advanced solution that is easy, fast and powerful—with industry-leading tools and utilities included at no extra cost."

Parallels Desktop 4.0 for Mac also introduces support for DirectX 9.0, DirectX Pixel Shader 2.0 and OpenGL 2.0, providing fast video performance, while the Adaptive Hypervisor dynamically allocates resources to meet user needs. The responsiveness to all applications is further enhanced as the virtualization engine has been optimized to consume 15 ~ 30% less resources than previous versions.

A full license of Parallels Desktop 4.0 for Mac is $79.99 and current Parallels Desktop users can upgrade their existing software for only $39.99 until Nov 30. Users that purchased version 3.0 on or after Sept 1 qualify for a free upgrade.

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