Approval from the Swedish Financial Supervisory Authority

This press release may not, directly or indirectly, be distributed or published
in the United States, Australia, Japan, Canada or South Africa. The offer is not
directed to such persons whose participation is conditional upon the performance
of prospectus, registration or other procedures in addition to those prescribed
by Swedish law.

N.B. The English text is a translation of the Swedish text. In case of
discrepancy between the Swedish and the English text the Swedish version shall
prevail.

Approval from the Swedish Financial Supervisory Authority 

In connection with Orc Software AB's (publ) (”ORC”) public takeover offer to the
shareholders in Neonet AB (publ) (”Neonet”), an approval from the Swedish
Financial Supervisory Authority (Sw. Finansinspektionen) is required, since one
of Neonet's subsidiaries, Neonet Securities AB, is a so called securities
company.  
 
Today, ORC has received confirmation from the Swedish Financial Supervisory
Authority that such approval has been granted.   


For further information please contact:
Anders Berg, CFO Orc Software +46 (0) 8 506 477 24


About Orc Software
Orc Software (SSE: ORC) is the leading global provider of powerful solutions for
the global financial industry in the critical areas of advanced 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.

The company's solutions are gathered in the two main areas of Orc Trading and
Orc Connect, and provide the tools for making the best trading and connectivity
decisions with strong analytics, unmatched market access, powerful automated
trading functionality, high performance cross-asset 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 the world's leading financial centers with sales and quality
support and training services from its offices across the EMEA, the Americas and
Asia Pacific.

For more information visit: www.orcsoftware.com