Mozilla says Firefox 3 ready for prime-time

By Jim Finkle

BOSTON (Reuters) - A new version of Mozilla's popular Firefox Web browser is ready for download with improved security and memory use as the tiny company takes a stab at Microsoft Corp's dominant Internet Explorer.

The program's creators told Reuters on Thursday that the privately-held company's trial version of Firefox 3 browser is ready for the masses to use after months of development.

Until now, the company has discouraged average Internet users from moving on from Firefox 2, which was launched in October 2006.

"In many ways it (Firefox 3) is much more stable than anything else out there," Mozilla Corp Vice President of Engineering Mike Schroepfer said in an interview.

Key rivals to Firefox are market leader Microsoft's Internet Explorer and Apple Inc's Safari browser.

Engineers at Mozilla are still putting the finishing touches on the software and hope to release the final version of Firefox 3 by the end of June, Schroepfer said.

Mozilla is in a battle with Microsoft, which unveiled an experimental version of its Internet Explorer 8 in Las Vegas earlier this month and is looking to expand its presence on the Web through its bid to acquire Yahoo Inc.

Additions boost security and allow users to run Web sites when they are not connected to the Internet. Mozilla also says Firefox 3 uses less computer memory than Firefox 2.