We describe a new parallel implementation, mplrs, of the vertex enumeration code lrs that uses the MPI parallel environment and can be run on a network of computers. The implementation makes use of a C wrapper that essentially uses the existing lrs code with only minor modifications. mplrs was derived from the earlier parallel implementation plrs, written by G. Roumanis in C++. plrs uses the Boost library and runs on a shared memory machine. In developing mplrs we discovered a method of balancing the parallel tree search, called budgeting, that greatly improves parallelization beyond the bottleneck encountered previously at around 32 cores. This method can be readily adapted for use in other reverse search enumeration codes. We also report some preliminary computational results comparing parallel and sequential codes for vertex/facet enumeration problems for convex polyhedra. The problems chosen span the range from simple to highly degenerate polytopes. For most problems tested, the results clearly show the advantage of using the parallel implementation mplrs of the reverse search based code lrs, even when as few as 8 cores are available. For some problems almost linear speedup was observed up to 1200 cores, the largest number of cores tested.