Orc Software Releases CameronFAST for Delivering FAST-Encoded-FIX


Orc Software Releases CameronFAST for Delivering FAST-Encoded-FIX

SIFMA Conference Week, New York, Monday 18 June, 2007 - Orc Software, the
leading global provider of technology for advanced trading, brokerage and
connectivity, today announced the release of CameronFAST — the reliable and fast
industry standard implementation of the FAST protocol (FIX Adapted for
STreaming).  "Orc Software is taking a leading role in providing global customers with FAST
encoded FIX," says Orc's Chief Technology Officer, John Cameron. "CameronFAST
will be highly valued by firms looking to get ahead in the latency and bandwidth
race. Potential users include exchanges, market data providers and algorithmic
trading applications, where reliable compression of high volume market data, for
distribution or consumption, is paramount."

“Smaller transaction messages and faster execution will drastically lower their
costs for exchanging market data. The very high performance-enabling FAST
Protocol has already proven to be a highly efficient solution for spiraling
market data volumes, and is being adopted by the world's leading exchanges.”

FAST was developed by the FIX Protocol Limited organization to bring the
benefits of standardization to market data and deliver optimized performance for
the exchange of electronic financial information. Built around a data
compression algorithm, when it is correctly implemented, it significantly
reduces bandwidth requirements and latency between sender and receiver. FAST
works particularly well at improving performance during periods of peak message
rates.

CameronFAST follows the proven CameronFIX technology. It is an open architecture
framework enabling ease of integration with other applications. It is delivered
with useful sample FAST applications built using the framework. These are the
FASTEncoder, FASTDecoder and FIXFASTProxy. CameronFAST works equally well with
any FIX or non-FIX application.

Existing Orc solutions such as Orc Trader, Orc Liquidator, CameronFIX Universal
Server and CameronFIX Market Data Server, will be CameronFAST-enabled by deeply
integrating it within their core architecture. All Orc applications will be
internally optimized for FAST and this will be available as an option for
customers during Q4. 
CameronFAST is 100% FAST 1.1 compliant and includes full XML template support.
Orc Software is this week exhibiting at the SIFMA Technology Management
Conference in New York, booth # 1517, and FOW Conference in London, booth # 30.

For further information contact: 
Annie Walsh, CMO, +44-20-7942-0946
Martin Koopman, President, North America, +1-212-792-5471

About ORC Software
Orc Software (SSE: ORC) is a leading global provider of technology for advanced
trading, market making and brokerage.  Celebrating 20 years in 2007, Orc
provides solutions and services to its worldwide customers from its offices
across Europe, North America and Asia Pacific.  

The world's leading investment banks, trading and market-making firms,
exchanges, brokers, institutional investors and hedge funds increasingly rely on
Orc technology to deliver capabilities for gaining competitive advantage. 

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

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06182138.pdf