In this paper, we propose the parallel multisplitting PSD method, for
solving large nonsingular system of linear equations Ax = b. The conve
rgence theorems of these new algorithms are established under the cond
ition that the coefficient matrix A of linear system is an H-matrix. S
ome results also yield new covergence theorem for PSD method. Finally,
a numerical example is given to show the superiority of the new algor
ithm.