Orc signs independent service partner agreement with TradeTech Consulting


Orc signs independent service partner agreement with TradeTech
Consulting

TradeTech Consulting to support Orc's customers in the Nordic region
with installation, customization, integration, upgrades as well as
technical and business support.

Stockholm, SWEDEN, Tuesday March 29, 2011 - Orc Software (SSE: ORC), the
leading provider of technology and services for the global financial
industry, today announced a partnership with TradeTech Consulting, a
leading provider of services to the treasury, asset management and
capital markets space. Orc and TradeTech have signed an independent
service partner agreement, where TradeTech will provide advanced
development and integration services to users of Orc's trading solutions
in the Nordic region. The partnership deal was booked in Q4 2010.

Focused exclusively on finance, TradeTech Consulting offers a complete
range of highly specialized services. To Orc customers, TradeTech offers
support ranging from installation to technical and business support -
throughout the process, or for specific assignments.

“We're excited about becoming partners with Orc Software, a leading
vendor that represents a highly innovative and agile trading
technology,” says Joakim Wiener, CEO of TradeTech Consulting. “We are
impressed with the pace at which Orc continuously renews their offering
to stay at the edge of the ever-changing financial markets. We also
appreciate the way Orc cooperate with partners and look forward to
working with them and their customers.”

”With customers that only put their trusts in the best and continuously
evolving trading technology, one can imagine the strategic importance
for Orc to be working with the preeminent consulting partner in the
region,” said Peter O Bäck VP Sales Nordic Region, Orc Software.
“TradeTech Consulting not only possess the expertise to do the job; they
also have an excellent reputation for quality. This, in combination with
their strong local presence, made TradeTech the obvious choice to
support our customers in the Nordic region.”

About Orc Software's revenue model
Standard agreements follow Orc's licensing subscription model, a
flexible approach designed to streamline the customer on boarding
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 TradeTech
TradeTech Consulting is a leading provider of consulting services to the
treasury, asset management and capital markets space. TradeTech also
provides customized business intelligence solutions tailored to these
segments. Established in 1998, TradeTech serves four of Sweden's top six
corporates, as well as leading banks, asset managers and mid-sized
companies. Visit TradeTech at www.tradetechconsulting.com.

About Orc
Orc 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 and 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 the EMEA, Americas
and Asia-Pacific regions. Orc Software is listed on Nasdaq OMX Stockholm
(SSE: ORC). www.orcsoftware.com

For further information, please contact:
Orc Software
Peter O Bäck, VP Sales Nordic, Tel. +46 8 506 477 69
Christine Blinke, VP of Marketing and Investor Relations, Tel. + 46 739
01 02 01

TradeTech Consulting
Katarina Klangby, CMO, +46 70 483 74 02,
katarina.klangby@tradetechconsulting.com
Joakim Wiener, CEO +46 70 871 21 18,
joakim.wiener@tradetechconsulting.com

Attachments

03292779.pdf