Parallels CEO Serguei Beloussov to Deliver Keynote Presentation

HERNDON, Va., July 15, 2009 — Virtualization and automation leader, Parallels, will headline HostingCon 2009 — a leading conference for the hosted services industry — to educate attendees on opportunities and solutions aimed at small and medium-sized businesses (SMBs). HostingCon is being held August 10 — 12, 2009, at the Gaylord National Resort and Convention Center, in National Harbor, MD. Parallels will have a strong presence at the event, demonstrating solutions to help hosting providers offer cloud services to meet SMB demand.

According to Saugatuck Research, SMBs are the most aggressive adopters of cloud. Hosting services providers have a unique opportunity to offer their SMB customers applications via Software-as-a-Service (SaaS) and ensure they have access to hundreds of applications. "SMBs need easy-to-use, cost-effective, on-demand services that enable them to do more with existing resources," said Serguei Beloussov, CEO of Parallels. "Parallels cloud automation software lets businesses tap into computing capacity when needed and achieve greater efficiencies to grow revenue."

Parallels CEO, Serguei Beloussov, will deliver the keynote presentation at the event. The Parallels line-up lets attendees learn first-hand how to leverage cloud computing and will help attendees evaluate everything from automation to virtualization solutions.

• August 10, 2 – 3 p.m. — Keynote by Parallels CEO, Serguei Beloussov — "Finding Your Position to Compete in a Changing Hosting Industry"
• August 11, 5 – 6 p.m. — Jack Zubarev, Parallels Service Provider President — "Models and Approaches to Cloud Services" (Panel)
• August 12, 2 – 2:45 p.m. — Soeren Von Varchmin, Parallels VP SaaS — Moderates a discussion on "Using the Application Packaging Standard"
• August 12, 3 – 3:45 — Ilya Baimetov, Parallels Director of SaaS Technology — Panel session entitled, "The Value and Benefits of Delivering Services with APIs"

To schedule a media briefing or a one-on-one meeting with Parallels, please send an email to hostingcon@parallels.com. You can also visit Parallels on the show floor — we are conveniently located at booth #201.

About Parallels — Optimized Computing
Parallels is a worldwide leader in virtualization and automation software that optimizes computing for consumers, businesses, and cloud services providers across all major hardware, operating systems, and virtualization platforms. Founded in 1999, Parallels is a fast-growing company with 700 employees in North America, Europe, and Asia. For more information, please visit www.parallels.com.