After an extensive public beta test Apple has released its FaceTime application for Macs, available for 99 cents from the Mac App Store. The new app is also included on Apple’s newly shipping MacBook Pro models, also announced Thursday.

[ad#Google Adsense 300×250 in story]FaceTime is a video conferencing application, a feature of the iPhone 4 which has since migrated to the (front facing camera-equipped) iPod touch and now the Mac. The software works using the same Apple ID users depend on to purchase iTunes music, iPhone apps and Mac apps, and it works between Mac OS X and iOS devices.

Features include support for Mac OS X Address Book; support for HD video up to 720p on supported Macs; widescreen aspect ratio; the ability to ring incoming calls even if FaceTime isn’t running; and more.