PB Futures Selects Orc Software to Provide Low Latency Access to Korean Markets

PB Futures Selects Orc Software to Provide Low Latency Access to Korean Markets

For Immediate Release: Hong Kong - Thursday November 20, 2008 - Orc Software
(SSE: ORC), the leading global provider of technology for advanced derivatives
trading and connectivity, today announced PB Futures has selected Orc Connect to
meet increasing market demand for low-latency, high-throughput connectivity to
Korean markets.

PB Futures is a leading Seoul-based derivatives brokerage firm offering a
variety of financial services including interest rate, index, currency and
commodity futures/options for customers worldwide. The company is committed to
providing clients with advanced high performance trading services which
facilitate execution on the Korean market.

Utilizing Orc Connect to offer value added services such as co-location of
customer infrastructure, PB Futures is able to provide fast, secure, high
capacity access to the competitive Korean derivatives market for Orc Trading
solution customers.

“PB Futures aims to offer the best performance trading services for DMA clients.
We have recently upgraded our trading system to provide fast and tailored
service to clients. PB Futures selected the Orc Connect solution to support
speed-sensitive FIX users, in addition to our long support for API users.  Orc
Connect will further enhance our service capabilities to provide high frequency
trading, satisfying diverse needs of clients,” says Sonny Park, Managing
Director, PB Futures.

“We are pleased to support PB Futures with our high through-put connectivity
solution for enabling ultra-fast direct market access, thereby further enhancing
its existing service offering. PB Future's choice is another solid endorsement
for Orc's position as a leading provider of advanced trading and connectivity
solutions in Korea,” says Dennis Chen, Sales Director, Asia Pacific, Orc
Software.

Orc's deal with PB Futures was booked in Q3 2008.

Orc Software is next exhibiting in Asia Pacific at Tdex Plus ISV Showcase, Tokyo
on November 26 & 27.

About Orc Software's revenue model
This agreement follows Orc's licensing subscription model to give customers
access to software, new versions and support as long as the agreement is valid.
Customers are invoiced quarterly in advance and revenue allocated to the
invoicing period.

About PB Futures
PB Futures is a brokerage house in Korea that provides full execution and
clearing service for KRX listed products and brokerage service to all major
exchanges.  PB has established a strong presence in Kospi futures and options
market since 2004, for its high-speed DMA platform and solid financial
background as a 100% subsidiary of Pusan Bank (Reuters Code: 005280.ks).

With the advantage of the only broker located on the KRX campus, PB offers the
fastest direct market access solution to speed-sensitive Kospi traders.  Our
Kospi clients are financial institutions, hedge funds, and corporate clients. 
For overseas clients, our service extends to operational and administrative
support to make it easy for you to trade in Korean market.  We help clients
succeed in the world's most actively traded derivatives market, with experience
in the market and top-flight electronic trading system.  

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 21+ years.

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

Orc's customers include leading 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:
Dennis Chen, Sales Director, APAC, Orc Software, +852-2167-1955,
dennis.chen@orcsoftware.com
Mia Woo, International Business, PB Futures, +822-3215-1560,
miaewoo@pbfutures.co.kr 
Agnes Wong, Senior Marketing Manager, APAC Orc Software, +852-2167-1986,
agnes.wong@orcsoftware.com