Parallels and Microsoft partner to provide leading hosting automation solutions to the Windows environment. A Microsoft Certified Partner, Parallels provides the industry expertise to expand Microsoft’s software leadership in the Hosting market. Together, Parallels and Microsoft deliver the solutions the Hosting Service Provider requires to lower its costs and differentiate its services. In August 2004 Parallels and Microsoft signed a cooperation agreement to develop and bring to market the technology and the solutions the Hosting industry demands. Under this agreement the two companies work together to promote and sell joint solutions. The combination of Parallels and Microsoft solutions for hosting creates a strong value proposition for service providers and end-customers alike. With a common commitment to deliver best-in-class hosting solutions, Microsoft and Parallels merge the flexibility and agility of the Microsoft Solution for Windows-based Hosting with Parallels proven hosting control panel, automation and virtualization products. Parallels PEM solution is optimized for the Microsoft Platform and includes enhanced support for the Microsoft Solution for Windows-based Hosting, Hosted Exchange, and Hosted Sharepoint. PEM is a 3rd generation, distributed, modular, multi-tier hosting automation platform that is scalable to millions of accounts, customizable on all levels, and can be easily integrated into existing infrastructure. Plesk for Windows by Parallels is the leading control panel for Windows and supports Microsoft .NET technologies including Windows Server, ASP.NET, Microsoft Exchange, Hosted SharePoint and the Microsoft Provisioning System (MPS). Wrapped in an XP-like interface that is both familiar and comfortable to users, Plesk 7 for Windows is fully customizable and installs all applications necessary for offering and managing virtually any hosting service.