Orc Software launches new global partner program – Orc Vantage

Stockholm, SWEDEN, Thursday February 19, 2009 – Orc Software (SSE: ORC), the leading global provider of technology for advanced derivatives trading and connectivity solutions, today announced its new global partner program, Orc Vantage. The program is designed to provide Orc Software´s existing and future partners with an opportunity to expand their offerings and generate revenue growth through the availability of Orc’s industry leading solutions.

Orc Vantage comprises independent technology and professional services firms, located worldwide, who provide services, solutions and products built on and around the Orc Trading and Orc Connect offerings.

“The Orc Vantage partner program offers an excellent opportunity to market and sell profitable solutions and services with good margins, qualified leads and training and support,” said Fredrik Skogby, VP Corporate Development, Orc Software. “Orc is fully committed to the success of our partners, and we have developed our new program to help us to further strengthen these relationships, achieving even greater mutual benefits.”

“Orc Vantage will enable Orc to further expand market reach in additional geographies and build our global reputation,” Fredrik Skogby continues. “Orc will work with regional partners who provide the local knowledge and expertise needed to drive the uptake of Orc’s industry leading solutions locally.”

The Orc Vantage partner program comes in three categories, enabling Orc to deliver valuable resources on a global level backed-up with localized support. The status of existing partners will be transferred to one of the new partner categories, Distribution Partner, Service Partner and Industry Partner.

Orc Trading is used by leading financial firms worldwide for enhanced trading and risk management for electronically traded derivatives. It encompasses both screen-based trading and algorithmic trading for firms to trade any listed instrument, across all asset classes, on 100+ markets.

Orc Connect is the global financial industry’s leading connectivity solution. Orc Connect provides traders and brokers with fast, reliable access to liquidity pools, both for market members and non-members, in the critical areas of execution, market data and reference data.

About Orc Software’s revenue model
Standard agreements follow Orc’s licensing subscription model, a flexible approach designed to streamline the customer onboarding process and provide ease of access to software updates, together with a mature support framework. Customers are invoiced quarterly, in advance, and revenue allocated to the invoicing period.

About Orc Software
Orc Software (SSE: ORC) is the leading global provider of powerful solutions for the worldwide financial industry in the critical areas of advanced derivatives trading and low latency connectivity. Orc’s competitive edge lies in its depth of knowledge of the derivatives trading world gained by deploying advanced solutions for sophisticated traders for over 20 years.

Orc Trading and Orc Connect provide the tools for making the best trading and connectivity decisions with strong analytics, unmatched market access, powerful automated trading functionality, high performance futures and options trading capabilities, ultra-low latency, and risk management.

Orc’s customers include leading investment banks, trading and market-making firms, exchanges, brokerage houses, institutional investors and hedge funds.

Orc provides sales and quality support services from its offices across EMEA, Americas and Asia Pacific.

www.orcsoftware.com

For further information:
Fredrik Skogby, VP Corporate Development, Tel. +46 8 506 477 00
Christine Blinke, Investor Relations and Marketing Director, Tel. + 46 739 01 02 01

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