Per E Larsson resigns from the Board of Orc Software

Per E Larsson, member of Orc Software’s Board of Directors since 1997, will take on the position as Head of Dubai International Financial Exchange (DIFX) on July 15, 2006. In conjunction with this assignment Per E Larsson will leave his position as a Board member at Orc Software. Following this resignation the Board will consist of 6 members. “Per’s commitment and knowledge has during the nearly ten years that he has served on the Board contributed greatly to Orc Software’s development. I, together with the other Board members, now wish Per all the best as he takes on his new role as head of Dubai International Financial Exchange”, says Magnus Böcker, Chairman of the Board of Orc Software.

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Orc is the global market leader in trading technology for listed derivatives. Building on our commitment to long term partnerships and technology innovation that delivers results, Orc serves the trading and electronic execution needs of clients worldwide. Leading trading firms, market makers, banks and brokers depend on Orc to provide robust solutions that deliver concrete value, ensuring that they achieve their business goals in the world's increasingly dynamic and competitive markets. With nearly 200 customer sites in more than 30 countries, access to over 150 trading venues and offices in each of the world's key financial centers, we offer true global capabilities. Combining our technology and financial industry expertise, including a solid understanding of regulatory issues, Orc also provides expert advice and services that help reduce complexity and cost, while enabling clients to stay focused on value creation in their core businesses. Orc is owned by Orc Group Holding AB which in turn is owned mainly by Nordic Capital Fund VII.

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