Cognitive Capital deploys Orc Software solutions for FIX connectivity and risk management

Cognitive Capital deploys Orc Software solutions for FIX connectivity and risk
management

Chicago, 31 August 2009 - Orc Software (SSE: ORC), the leading global provider
of technology for advanced trading and connectivity, today announced that
Cognitive Capital, a Chicago-based proprietary trading firm, has deployed Orc
CameronFIX for low latency market connectivity as well as Orc Trading for Risk
Management. The order was booked in Q2 2009 and the contract is based on Orc's
licensing subscription model.

Cognitive Capital is using Orc CameronFIX to support their low latency, high
frequency trading strategies by providing high performance FIX connectivity
between their algorithmic trading systems and various equities markets including
NASDAQ and NYSE Arca Equities. Their demanding trading environment requires a
robust and scalable solution that can handle a large trading volume today and
grow with their business in the future.

Cognitive Capital will also use Orc Trading to support their trading with
position management information.

“Low latency and high performance are critical aspects of our business.  Orc
CameronFIX has proven to be a solution with excellent performance that will help
us continue to grow our business,” notes Aaron Scamehorn, Chief Technology
Officer for Cognitive Capital.

“Orc Software focuses on high-performance solutions and we are pleased that
Cognitive Capital, with their demanding low-latency trading strategies, is able
to meet their needs with our solutions,” comments Marty Leamy, President,
Americas for Orc Software. “Firms, like Cognitive Capital, with these types of
high performance trading requirements are our ‘sweet spot', and we are happy to
have them on board as a client.”

The world's leading banking and financial firms rely on the high performance
trading capabilities of Orc CameronFIX - the only globally proven FIX platform
for proprietary trading firms, brokers, fund managers, exchanges and software
vendors across the securities, investment, banking and finance industries.

Orc Trading is used by financial firms worldwide for enhanced trading, pricing
and risk management.  Trading firms and banks increasingly rely on Orc
Software's risk management tools to provide their trading risk insights on
exchange traded instruments.


About Orc Software's revenue model
Standard agreements follow Orc's licensing subscription model, a flexible
approach designed to streamline the customer on boarding 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 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 with 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 banks, trading and market-making firms,
exchanges, brokerage houses, institutional investors and hedge funds.

Orc provides sales and quality support services from its offices across EMEA,
Americas and Asia Pacific.

www.orcsoftware.com


Media contact: 
Barry Vasudevan, Marketing Director, Orc Software,
barry.vasudevan@orcsoftware.com, + 1 212 351 7624 
  
For further information, including image downloads, please visit the Orc
Software Press Room at: http://www.orcsoftware.com/About-Orc/Orc-Press-Room