Orc Software AB - Interim report January 1 - March 31, 2007

Orc Software AB - Interim report January 1 - March 31, 2007

Continued growth

Orc Software January-March 2007
•	Net revenue SEK 124.3m (92.9 first quarter 2006)
•	Revenue growth 33.7 % compared with first quarter 2006
•	Operating income SEK 30.1m (3.5)
•	Operating margin 24.2 (3.8) % 
•	Income after taxes SEK 20.8m (3.0) 
•	Earnings per share SEK 1.39 (0.20) 


CEO Thomas Bill comments
Sales of Orc Software's products are increasing. It is particularly pleasing to
see strong growth in the demanding North American market where our revenues rose
in the first quarter by 70 percent compared with the same period last year. A
strong product offering together with an effective sales organization and
increased efforts on marketing are behind this good quarter. 

Our products already address our clients' increasingly higher demands to handle
large volumes and demand for connections to a greater number of marketplaces.
One example is a global Investment Bank choosing our CameronFIX solution as its
worldwide connectivity standard. 

Several important deals were signed during the quarter for solutions for
advanced trading and market connections.

The income for the first quarter shows that Orc's efforts since 2006 for
increasing sales and profit have been successful. 

Further to a good start to the year, we are on track to exceed the Board's
target of an annual revenue growth of at least 15 percent and an annual
operating margin of at least 15 percent.


Contact
CEO Thomas Bill
Telephone: +46 8 407 38 35

CFO Anders Berg
Telephone: +46 8 407 38 24


Orc Software (SSE: ORC) is a leading global provider of technology for advanced
trading, market making and brokerage. Founded in 1987, Orc provides solutions
and services to its 600+ worldwide customer sites from its 14 offices across
Europe, North America and Asia Pacific. Orc Software's customers include leading
investment banks, trading and market-making firms, exchanges, brokerage houses,
institutional investors, hedge funds and software vendors. CameronFIX, the
number one Financial Information Exchange protocol (FIX) electronic trading
standard is an integrated part of Orc Software. CameronFIX is used as a
stand-alone solution by major members of the global financial industry. 

Orc Software has offices in Chicago, New York, Toronto, London, Stockholm,
Frankfurt, Milan, Vienna, Zurich, St. Petersburg, Moscow, Hong Kong and Sydney. 

www.orcsoftware.com