Is this only from Windows 7 (and possibly Vista) ? After installing either OS, the virtual NIC isn't recognised in Device Manager.. No network card.. I tried installing only the driver, but now Parallels have bundled it all is a setup.exe file Easier for them, but all i wanted was network access to activate.. In any case, PT must be installed in Vista or 7 for any network access, but not for XP. I guess Parallels choose to compile all drivers, easier for them, but harder for those who now want to ONLY install certain drivers.. hey have no choice. The way i backup my VM's makes it easier to re-install PT when PD updates are available. I only install the OS, and network driver, activate, then backup the VM.
This could be useful: networking drivers are available separately in KB http://kb.parallels.com/en/5808