"OpenVZ Project, the open-source community branch of SWsoft, the
virtualization company behind Parallels and Virtuozzo, will release
on Jan. 8 pre-made Ubuntu 7.10 server and desktop virtual
machines.
"Here's how it works. Users will download an Ubuntu software
template from OpenVZ. With this template, they can then set up
OpenVZ VMs (virtual machines) of either Ubuntu server or desktop on
an existing Linux system..."