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New version of Parallels supports Vista SP1, XP SP3

Parallels, Inc. yesterday released a new version of its flagship virtualization app Parallels Desktop (3.0.5600), which includes support for Windows Vista SP1 and Windows XP SP3. It also fixes some kernel panic issues, unusually high CPU usage, and provides improvements to Shared Folders.

Parallels allows Macs with Intel processors to run Windows apps alongside Mac apps. You can follow our past coverage of Parallels here.

The update is free for existing Parallels 3 users, and is available as a 88 MB DMG package.

[via MacUpdate]