Parallels confirmed Friday that a new version of their virtualization software for Mac OS X is in the works. Specific details on Parallels Desktop for Mac 5.0 are said to be forthcoming.

"Our relentless drive to delight customers fuels our ongoing effort to deliver innovative solutions to our customers, as can be seen in our award winning Parallels Desktop 4.0 for Mac and our more recently delivered Parallels Desktop Switch to Mac Edition," said Stefan Prestele, senior director of Consumer Marketing for Parallels. "We haven