BBY Limited selects Orc Software to provide high performance market access to Australian market

BBY Limited selects Orc Software to provide high performance market
access to Australian market

For immediate Release: Sydney, Hong Kong and Tokyo, Monday June 7, 2010
- Orc Software (SSE: ORC), the leading global provider of technology for
advanced trading and connectivity solutions, today announced BBY Limited
has selected Orc Software to meet the growing market demand for
low-latency, high-throughput connectivity to the Australian Securities
Exchange. The order was booked in Q2, 2010, and the contract is based on
Orc's licensing subscription model.

BBY Limited is an Australian based full service stockbroking, corporate
advisory and asset management firm that has been providing
quality service and advice since 1987. It has offices in Sydney,
Melbourne, UK and UAE along with a global presence in the USA and Asia.

“We're really pleased to be working with Orc Software to facilitate our
mutual customers' trading needs on the ASX,” says Glenn Rosewall,
Managing Director & CEO of BBY Limited. “Orc's solutions allow our
customers to trade both Equity and Options on the exchange via BBY's
membership. Orc Software is well known in the Australian market for
providing exchange members with market making and working with them to
extend the offering to DMA for non members provides professional traders
globally with a new option for accessing the Australian market.”

"We are proud to provide BBY Limited with our high performance
connectivity solution for direct market access, which will further
enhance their existing service offering. BBY Limited's choice is another
solid endorsement for Orc as a leading technology provider of advanced
trading and connectivity solutions in Australia,” says Peter McPhee,
Vice President Sales APAC, Orc Software.

Orc Connect is the global financial industry's leading trading
connectivity solution. Orc Connect provides firms with fast and reliable
access to 100+ liquidity pools globally via membership or
non-membership, in the critical areas of execution, market data and
reference data.

Orc Software is next exhibiting in TradeTech Japan 2010, Westin Hotel
Tokyo on 8-9 June.

 

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 is the leading global provider of technology and services
for advanced trading in financial instruments. Orc's competitive edge
lies in its depth of knowledge of the trading world, gained by deploying
sophisticated trading solutions 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, high performance derivatives trading capabilities,
automated trading strategies and execution, ultra-low latency and risk
management.

Through the acquisition of Neonet, Orc also delivers neutral, high speed
brokerage services to professional market participants, with clients in
over 20 countries globally. With subsidiary CameronTec, Orc is the
leading provider of FIX infrastructure and low latency connectivity.

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.

Orc Software is listed on NASDAQ OMX Stockholm (SSE: ORC).

 www.orcsoftware.com (http://www.orcsoftware.com)

 

About BBY Limited
BBY is an Australian focused stockbroking, corporate advisory and asset
management firm. With offices in Sydney, Melbourne, UK and UAE along
with a global presence in the USA and Asia, BBY is well positioned to
service its clients' local and global needs.

BBY's objective is to be a leading Australian owned securities firm,
providing solutions to high growth, small, medium and large sized
Australian Companies including their Australian and International
investors. BBY is able to allocate industry experts to ensure we solve
our client's problems and obtain the best possible result in meeting
their objectives. BBY's long term commitment to its clients is strongly
supported by well-regarded research and experienced corporate finance
and broking teams.

Established in 1987, and formerly known as Burdett, Buckeridge Young,
BBY has developed a reputation for providing focused, quality services,
innovative solutions and high level execution for its institutional,
corporate, high-net-worth and dealer clients. BBY now has over 110
high-net-worth and dealer clients all over Australia, including,
Adelaide, Brisbane, Gold Coast, Melbourne and Sydney.

Whilst BBY is an independent Australian firm, we also provide our
clients exposure to our international partners, leading Malaysian and SE
Asian investment bank CIMB (www.cimb.com) and major US investment bank,
Jefferies Inc. (www.jefferies.com (http://www.jefferies.com/)).

 

For further information, please contact:
Peter McPhee, Vice President Sales APAC, Orc Software, Tel: +612 9240
2400, peter.mcphee@orcsoftware.com (peter.mcphee@orcsoftware.com)
Agnes Wong, Senior Marketing Manager, APAC, Orc Software, Tel. + 852
2167 1986, agnes.wong@orcsoftware.com (agnes.wong@orcsoftware.com)
Glenn Rosewall, Managing Director & CEO, BBY Limited, Tel. +612 9226
0106, enquiries@bby.com.au (enquiries@bby.com.au)