DEVS is a sound formal modeling and simulation (M&S) framework based on generic dynamic system concepts. Cell-DEVS is a formalism for cell-shaped models based on DEVS. This work presents a new simulation technique for execution of DEVS and Cell-DEVS models in parallel environments. These techniques are modifications to the original Time Warp mechanism offered by WARPED kernel. Time Warp functionalities are revised to include two new algorithms namely, Local Rollback Frequency Model (LRFM) and Global Rollback Frequency Model (GRFM). The resulting simulator is used as new simulation engine for CD++, an M&S toolkit that implements DEVS and Cell-DEVS theories. The results obtained allowed us to achieve considerable speedups due to the reductions that LRFM and GRFM protocols perform on number of rollbacks and anti-messages.