Parallels has released Release Cantidate 2 of its virtualization software, Parallels Desktop. Among the new features and improvements introduced in this version is a technology called Compressor, which shrinks a guest OS's hard disk image to up to 50% of its original size.

The added features of Compressor brings added price, however. The final version will cost US $79, $30 more than the originally announced $49. Users can still pre-order the software for $39.

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