Orc Software AB - Interim Report January 1-September 30, 2007

Orc Software AB - Interim Report January 1-September 30, 2007

Strong operating income

Orc Software is reporting operating income for the third quarter of SEK 32.5m
(22.4 in the same quarter in 2006), an increase by SEK 10.1m or 45.1 percent. 
Operating income for the period January-September rose by SEK 43.4m, an increase
of 94.3 percent, compared to the same period in 2006.

July-September 2007
•  Net revenue SEK 135.4m (103.6)
•  Revenue growth of 30.7% compared to 

Q3 2006 
•  Operating income SEK 32.5m (22.4)    
•  Operating margin 24.0% (21.6)  
•  Income after taxes SEK 36.7m (15.4)
•  Earnings per share SEK 2.35 (0.99)

January-September 2007
•  Net revenue SEK 384.1m (306.7)
•  Revenue growth of 25.2% compared to the same period in 2006
•  Operating income SEK 89.4m (46.0)   
•  Operating margin 23.3% (15.0) 
•  Income after taxes SEK 78.3m (33.5)
•  Earnings per share SEK 5.07 (2.17)


•  Annual value of existing client contracts was SEK 456.0m at the end of Q3
2007 (324.3 at the end of Q3 2006), an increase of 131.7m or 40.6 percent
•  Capital gain of SEK 15.5m from the divestment of shares in Infront AS
recognized in net financial income


CEO Thomas Bill comments:
We continued delivering healthy revenue growth in the third quarter. Operating
income also increased - plus 45 percent over the last year - despite the drop in
the US dollar. 
       The order book trend was also favorable. We are experiencing steady
interest in our solutions for derivatives trading, advanced automated trading,
and connectivity. The sales trend is also satisfactory in geographical terms
with growth in all regions. 
The performance in North America as well as in Asia and Australia is
particularly good. 
       Based on the current order book, we can confirm that we will exceed the
Board of Directors' target of annual revenue growth and operating margin of 15
percent by a margin this year.



Contact Details
CEO Thomas Bill
+46 8 407 38 35

CFO Anders Berg
+46 8 407 38 24

Orc Software (SSE: ORC) is a leading global provider of technology for advanced
derivatives trading and connectivity. Celebrating 20 years in 2007, Orc provides
solutions and services to its worldwide customers 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. 

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