Orc adds strategic partner for Gulf region

Orc adds strategic partner for Gulf region

Stockholm, Sweden, Wednesday June 11, 2008 - Orc Software (SSE: ORC), the
leading global provider of technology for advanced derivatives trading and
connectivity solutions, today announced a comprehensive reseller agreement with
ABANA Enterprises Group Co., a leading hi-tech solution provider for financial
and telecom sectors based in Riyadh, Saudi Arabia, and with offices across the
Gulf (GCC) region.

The agreement enables ABANA to resell Orc's full range of products and solutions
for advanced electronic trading and connectivity, and to provide additional
services and support to local customers in Saudi Arabia, UAE, Kuwait and Qatar.

Orc Connect is the global financial industry's leading connectivity solution.
Orc Connect provides traders and brokers with fast, reliable access to liquidity
pools, both for market members and non-members, in the critical areas of
execution, market data and reference data.

Orc Trading is used by leading financial firms worldwide for enhanced trading
for electronically traded derivatives. It encompasses both screen-based trading
and algorithmic trading for firms to trade any listed instrument, across all
asset classes, on 100+ markets.

“Orc Software is a world-leading software supplier to the global financial
markets, and we see a great need for their state-of-the-art electronic trading
solutions in our region,” said Tanveer Ahmed Ansari, Director of Production with
ABANA Enterprises Group Co. “Orc delivers advanced trading and connectivity
capabilities that can readily be deployed for creating competitive advantage by
our customers and prospects.”

”By teaming up with ABANA, we greatly enhance our opportunities by offering
strategic technology for electronic trading to financial markets in the dynamic
GCC region” said Anders Henriksson, President Benelux, Central and Eastern
Europe, Orc Software. ”ABANA has the local expertise and market presence we
require, and their contributions will be a welcome addition to our current sales
and marketing activities in the Middle East.”

Orc Software and ABANA are co-exhibiting at the upcoming TradeTech Middle East
Conference in Dubai, June 15-17.


About Orc Software's revenue model
Standard agreements follow Orc's licensing subscription model, a flexible
approach designed to streamline the customer onboarding 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 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 over 20 years.

Orc Trading and Orc Connect provide the tools for making the best trading and
connectivity decisions… 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 investment 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. 
For more information, please visit www.orcsoftware.com


About ABANA
ABANA has more than 30 years of experience in providing innovative,
high-performance, and sophisticated solutions and equipment to the financial
sector. ABANA's products and services include: ATM's and self-service terminals,
money counting and sorting machines, queue systems, ADSL test equipment, data
archiving solutions, security software, site monitoring solutions, customized
software applications, and many other value-added solutions. ABANA focuses in
quality, speed, reliability, and accuracy, and is in compliance with the ISO
9001:2000 standards.  

ABANA is widely known for its signature top-of-the-market technical support
system known as Fast Track® Service.  ABANA is the only company in the GCC that
offers one-hour solution time to resolve hardware and software problems reported
by its customers. ABANA's Help Desk serves as the Single-Point-of-Contact and
employs an Interactive Voice Response (IVR) and centralized reporting system.
This system manages all customer calls and dispatches field service engineers
from ABANA's 16 service centers.

For more information, please visit www.abana.com.sa.


For further information:
Anders Henriksson, President Benelux, Central and Eastern Europe, Tel. +43 676
721 51 16 
Christine Blinke, Investor Relations and Marketing Director, Tel. + 46 739 01 02
01 
Tanveer Ahmed Ansari, Director of Production, ABANA Enterprises Group Co, Tel.
+966 55 303 8092
Maher Fahad Al-Goufi, Senior Project Manager, ABANA Enterprises Group Co, Tel.
+966 50 012 9953