EFG Financial Products deploys Orc Trading to support advanced structured products offering

EFG Financial Products deploys Orc Trading to support advanced structured
products offering

Zurich, Switzerland: Wednesday May 6, 2008 - Orc Software (SSE: ORC), the
leading global provider of technology for advanced derivatives trading and
connectivity solutions, today announced that EFG Financial Products has selected
Orc to supply key technology for its structured products operations. EFG
Financial Products is a newly established subsidiary of EFG International, one
of Switzerland's largest private banking organizations. The order was booked in
Q4 2007.

After careful study and evaluation, EFG Financial Products chose a solution that
includes Orc Trader at the front end, complemented by Orc Trader for Risk
Management and Orc ExNet access to route to brokers or markets where no
membership is held, in combination with a third party system which is connected
via a real-time interface.

”We were looking for a system that allows us to create and price structured
products, with a large number of connected markets,” said Michael Hartweg,
Partner with EFG Financial Products. ”Orc has shown that they can deliver these
features, while meeting our requirements for managing high volumes of trading
data for a wide range of financial products.”

EFG Financial Products has successfully launched its quoting and trading system,
which allows the firm to successfully operate in a very competitive market, and
to offer quoting and trading of highly sophisticated products to their customer
base, in a very scalable and reliable way. 

Orc's elaborate Risk Management functionality is an important part of the
overall solution, as it allows the growth of the operation and increase in
number of products, customers, and volumes at the same level of control. The
solution also includes a two-way interface, developed by Orc, to a third party
application used by EFG Financial Products.

“We are proud to contribute to EFG Financial Products and their innovative
approach to electronic trading,” said Anders Henriksson, President Benelux,
Central and Eastern Europe for Orc Software. “This implementation demonstrates
Orc's strengths in advanced derivatives trading and connectivity, as well as the
openness of our solution and their ability to interface with other key
applications used by our customers.”

Orc Trading, provides the competitive edge to trade from a single platform
capable of running thousands of complex trading strategies simultaneously. Orc
Trading is used by financial firms worldwide for enhanced, trading, pricing and
risk management on electronically traded derivatives. 


About Orc Software's revenue model
Standard agreements follow Orc's licensing subscription model, a flexible
approach designed to streamline the customer onboarding 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 Orc Software	
Orc Software (SSE: ORC) is the leading global provider of powerful solutions for
the worldwide financial industry in the critical areas of advanced derivatives
trading and low latency connectivity. Orc's competitive edge lies in its depth
of knowledge of the derivatives trading world gained by deploying advanced
solutions for sophisticated traders for over 20 years.

Orc Trading and Orc Connect provide the tools for making the best trading and
connectivity decisions… strong analytics, unmatched market access, powerful
automated trading functionality, high performance futures and options trading
capabilities, ultra-low latency, and risk management.

Orc's customers include leading investment banks, trading and market-making
firms, exchanges, brokerage houses, institutional investors and hedge funds.
Orc provides timely sales and quality support services from its offices across
EMEA, Americas and Asia Pacific. 

www.orcsoftware.com

For further information:
Anders Henriksson, President Benelux, Central and Eastern Europe, +43 676 721 51
16 
Christine Blinke, Investor Relations and Marketing Director, + 46 739 01 02 01