Orc Software releases Market Connectivity to the HedgeStreet Exchange

Orc Software releases Market Connectivity to the HedgeStreet Exchange

Latest Orc DMA development enables binary trading of event derivative contracts
for
Sell Side institutions and Hedge Funds

New York - Thursday April 26, 2007 - Orc Software (SSE: ORC), the leading global
provider of technology for advanced trading, market making and brokerage, today
announced the release of its latest market connection, providing direct access
to the HedgeStreet Exchange.  Users of Orc Trader and Orc Liquidator can now
access the HedgeStreet Exchange via Orc's global connectivity network. 

“Native connectivity to HedgeStreet is a further enabler for improving order
flow while reducing trading costs,” said Stephen Race, CEO of the HedgeStreet
Exchange. “Orc's proven global market connections provide the simplified and
stable trading infrastructure so customers can better navigate increasingly
complex market dynamics.” 

“We are pleased to offer our customers connectivity to the HedgeStreet Exchange
to further expand their market making capabilities, across multiple markets and
asset classes,” said Martin Koopman, North American President for Orc Software.
“Orc's growing number of market connections further strengthens our market
leading position for providing unmatched connectivity and global trading network
depth.”

Regulated by the Commodity Futures Trading Commission (CFTC), the HedgeStreet
Exchange offers online trading of $100 binary options in a variety of financial,
commodities and economic events markets.

Orc Liquidator enables firms to capture latest market opportunities by taking
advantage of its high performance capabilities for adapting strategies
on-the-fly in response to changing market conditions. The reliable and stable
Orc Trader meets demanding market requirements for handling large trading
volumes on multiple markets and risk management. 

Orc Software is next exhibiting at the 25th Annual Options Industry Conference
in Texas, April 26 - 28.

About the HedgeStreet Exchange 
HedgeStreet Inc. is the only U.S. designated market that lets online investors
trade innovative financial instruments based on economic events. A designated
contract market (DCM) and a registered derivatives clearing organization (DCO),
HedgeStreet is subject to regulatory oversight by the Commodity Futures Trading
Commission (CFTC). For more information, visit www.hedgestreet.com.

Contact:  
Intermarket Communications
Andrew Yemma, ayemma@intermarket.com, +1-212-754-5450


About ORC Software
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 worldwide customer sites from its 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)
platform, is an Orc Software connectivity solution. CameronFIX is used as a FIX
platform by major members of the global financial industry. For more
information, please visit www.orcsoftware.com.

Contact: 
Catherine Suarez, Marketing Director, North America, +1-212-792-5487