Orc Software continues Eastern European expansion and selects IN2 for reseller and services partner in Croatia

Orc Software continues Eastern European expansion and selects IN2 for reseller
and services partner in Croatia

Stockholm, SWEDEN, Friday July 18, 2008 - Orc Software (SSE: ORC), the leading
global provider of technology for advanced derivatives trading and connectivity
solutions, today announced a new reseller agreement with IN2 d.o.o., a business
applications developer and systems integrator based in Zagreb, Croatia.

According to the reseller agreement, IN2 will provide the full range of Orc
Trading and Orc Connect products and solutions for advanced electronic trading
and connectivity, including additional services and support to customers in
Croatia, Serbia, Slovenia, Bosnia and Herzegovina, Kosovo and Montenegro.

Founded in 1992 and currently with about 270 employees at main office in Zagreb
- Croatia and four regional offices in Koper - Slovenia, Belgrade - Serbia and
Sarajevo - Bosnia and Hercegovina, IN2 develops software applications for
professional users within business intelligence, insurance, investment banking
and funds management. Additionally, IN2 offers custom application development as
well as integration of third-party applications. IN2 is a certified partner to
global software suppliers, including Microsoft and Oracle, and has successfully
demonstrated integration between its investment banking application, INvest2,
and the Orc Trading platform.

“Orc Software has superior technology for advanced electronic trading, together
with an unequaled connectivity offering, and we see a rising customer demand for
these solutions” said Miroslav Ostroski, executive director - financial sector
with IN2. “Orc's commitment to industry standards, together with the open
software interfaces of the Orc Trading and Orc Connect platforms makes their
solutions a perfect fit for our customers, either ready to use ´out of the box´
or as part of integrated solutions provided by IN2.”

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.

“IN2 is one of the leading software technology providers for the local financial
industry in Croatia, with a reputation for solid expertise and excellent
services,” said Anders Henriksson, President Benelux, Central and Eastern
Europe, Orc Software. “This combined with their excellent software technology
skills makes them a natural choice of partner for Orc Software when delivering
first-rate services and support, in local languages, to our mutual customers.”


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. 

www.orcsoftware.com

About IN2
IN2 is a privately owned company, established in 1992, and regional leader in
providing software solutions to insurance together with investment banking and
fund management companies. An important segment of the business is connected
with public and corporate sector. IN2 Group consists of 7 companies in the
region which currently employ 280 people. IN2 has strong presence in Croatia,
Slovenia, Serbia, Macedonia, and Bosnia and Herzegovina. 

IN2 core competencies are in specialized proprietary solutions (INsurance2,
INvest2, opus*ERP), implementation of third party solutions (Oracle EBS, EXOR
Highways, CP Corporate Planner, Hyperion, ORC Software, WSS Central Bank
Treasury System), custom development of complex information systems (Oracle and
Microsoft technologies, Java, Data warehousing, Business intelligence, GIS),
complex security systems that include logical and physical security and their
integration.

IN2's strength is knowledge and experience of a large number of highly educated
experts and project execution quality. The high standards of the company's
business operations are confirmed by an ISO 9001:2000 certificate.

www.in2.hr

For further information:
Anders Henriksson, President Benelux, Central and Eastern Europe, Orc Software,
Tel. +43 676 721 51 16 
Christine Blinke, Investor Relations and Marketing Director, Orc Software Tel. +
46 739 01 02 01 
Miroslav Ostroški, executive director - financial sector, IN2 d.o.o, Tel: +385 1
6386 850