Kinetic Derivatives selects Orc to support trading operations


Kinetic Derivatives selects Orc to support trading operations

Startup firm specializing in fixed income derivatives goes with the Orc Trading
platform.

Stockholm, SWEDEN, Tuesday March 9, 2010 - Orc Software (SSE: ORC), the leading
global provider of technology for advanced trading and connectivity, today
announced that Kinetic Derivatives Ltd, a privately held trading firm
specialized in derivatives, has selected Orc Software to support its newly
established trading operations. The order will be booked in Q1, 2010, and the
contract is based on Orc's licensing subscription model.

London-based Kinetic Derivatives will implement an Orc solution to be used
primarily for flow/proprietary trading of fixed income derivatives on Eurex and
NYSE Euronext Liffe. 

“We chose to work with Orc Software based on our experience from trading
derivatives,” said David Kantor, a founding partner of Kinetic Derivatives. “We
have great trust in Orc's solutions and services, and feel they provide
best-in-class capabilities and tools for our specific needs. Using the Orc
Trading platform will provide us the flexibility and performance to quickly
establish our name in the market” 

“We are proud to continue our strong business relationship with Peter Tasou and
David Kantor as they prepare to enter the market as Kinetic Derivatives,” said
Lee Griggs, VP Sales UK, France and Middle East, Orc Software. “Kinetic are a
determined startup trading firm, which enters the market building on rich
experience from the leading global derivatives trading exchanges. We are
confident that we will provide a solution which meets all their requirements.”

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

For further information, please contact: 
Lee Griggs VP Sales UK, France and the Middle East, Orc Software, Tel. + +44 (0)
7979 856 162 
Christine Blinke, VP Marketing and Investor Relations, Orc Software, Tel. + 46
739 01 02 01 
Peter Tasou, founding partner, Kinetics Derivatives, Tel.  +44 (0) 790 393 5339

Attachments

03092032.pdf
GlobeNewswire