Orc Software launches Orc Hosted - a managed service for trading

Orc Software launches Orc Hosted - a managed service for trading

Stockholm, SWEDEN, Wednesday, 3 November 2010 - Orc Software (SSE: ORC),
a leading provider of technology and services for the global financial
industry, today announced Orc Hosted, a fully managed trading services
with connectivity to major cash and derivatives exchanges, MTFs and
brokers. This announcement marks Orc's entry into the managed services
area. Based on Orc Trading technology, Orc Hosted will be offered in
parallel with Orc's existing deployed software solutions.

Orc Hosted is a fully-supported trading infrastructure built for
robustness, speed, and reliability. Greatly reducing requirements for
internal technology support resources, it helps lower operational risks
for clients. Orc's service-based approach can also provide time to
market benefits, which clients may use for competitive advantage when
entering new markets and for extending their offerings.

“Orc Hosted enables clients to focus solely on their trading, by letting
Orc manage their technology infrastructure,” said Joacim Wiklander,
Chief Strategy Officer, Orc Software. “Using Orc as a managed services
supplier, clients benefit from our economies of scale and have 24/7
access to our expertise, which enables them to utilize their own
internal resources for supporting their core business - trading.”

Orc Hosted services include applications Orc Trader, Orc Spreader and
Orc Liquidator, together with a wide range of connectivity options for
membership and non-membership markets. Orc Hosted can be used both by
firms wishing to outsource their entire Orc infrastructure as well as
firms looking to augment their existing Orc deployment with new market
access.

Availability
Orc Hosted services are immediately available out of Stockholm and
London. Further expansion in EMEA, the Americas and APAC is planned for
2011 and will be announced as they come available. 

About Orc Software
Orc Software is a leading provider of technology and services for the
global financial industry. Orc delivers trading and market access
solutions used by proprietary trading and market making firms,
investment banks, hedge funds and brokerage houses worldwide.

Available as deployed software or as managed services, Orc develops and
provides the tools needed for running a profitable trading or brokerage
business in today's competitive and ever-changing markets.

With market presence in all major global financial centers, Orc provides
sales and support services from its offices across EMEA, the Americas
and the Asia-Pacific regions. Orc Software is publicly traded on NASDAQ
OMX Stockholm (SSE: ORC).

www.orcsoftware.com (http://www.orcsoftware.com) 

For further information, please contact:
Joacim Wiklander, Chief Strategy Officer, Orc Software, Tel. +46 8
506 478 35
Christine Blinke, VP Marketing and Investor Relations, Orc Software,
Tel. + 46 739 01 02 01