Yes, you can use this application on iMac running Windows in Parallels, but if you plan to use it with a device, then you need to assign a PORT (usually USB) on Paralells in order to run properly. I believe the software will work normally in a Windows installation, even if it's virtualized through Paralells. I can't say the same for Wine Bottler.
To avoid other issues, make sure that all the drivers are installed properly on Paralells.
