Orc Software Signs Partner Agreement with Lakeview

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Mon May 11, 2009 3:18am EDT

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News: 

Orc Software (STO: ORC), the leading global provider of technology for advanced
trading and connectivity, today announced a new independent service partner
agreement with Lakeview Capital Market Service GmbH, an investment, technology
and consulting provider, based in Starnberg, Germany. 

According to the partner agreement, Lakeview will provide services and solutions
based on Orc products to customers in the UK, Switzerland, Germany, Austria,
Benelux, France and Italy. Lakeview`s offering will typically include
customization, integration; upgrades, as well as technical and business support
of Orc-based solutions. The agreement is not limited to specific products, but
will include Orc Trader and Orc Liquidator products. 

"Orc is the ideal partner to support our plans for expaning our state of the art
trading solutions offering," said Peter van Kleef, Managing Director, Lakeview
Capital. "By combining successful investment strategies with industry-leading
trading technology, this broader offering should be very attractive to our
clients." 

"Peter van Kleef of Lakeview is widely recognized as a leading authority on
algorithmic trading, based both on his solid experience and a deep theoretical
knowledge of this field," said Andrea Beste, Sales Director, Germany and
Switzerland. "We have cooperated successfully with Lakeview on various events in
the past, and we really look forward to taking this several steps further by
their joining our Orc Vantage partner program." 

Orc Trading provides the competitive edge to trade from a single platform
capable of running thousands of complex trading strategies simultaneously. Orc
Trading is used by financial firms worldwide for enhanced trading, pricing and
risk management on electronically traded derivatives. 

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. 

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 Lakeview Lakeview Capital Market Services (LCMS) provides a wide range of
services designed to make its customers more successful in the global financial
markets. Its senior partners have built many financial markets businesses from
scratch, and are able to guide customers from their first steps to the last
tweaks for their most sophisticated strategies and infrastructure issues. 

Key areas of Lakeviews business are Investment & Technology Services, Training &
Consulting as well as Platforms and Networks. Lakeview is an expert in building
and implementing highly sophisticated trading and risk management infrastructure
for cash and derivatives, as well as the supporting models and algorithms. 

Many of the highest frequency and lowest latency players in the global cash and
derivatives markets are currently taking advantage of the unique outsourcing
opportunities for core business competencies that Lakeview offers. Services
range from intermediation and consulting services to hands on support for
customers, helping them to solve their most challenging issues. Lakeview places
a high value on the sustainability and adaptability of services and solutions
that it provides to its customers. Lakeview Capital Market Services is actively
seeking long term partnerships with its clients and always puts its customers
interests first. All products are developed with the clients needs in mind.
Lakeview is here to make its customers successful. 

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

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Peter van Kleef, Managing Director,
Lakeview Capital Market Service,
Tel. ++49 176 2325 5279
or
Andrea Beste, Sales Director, Germany and Switzerland,
Orc Software.
Tel. +49 173 3092 392
or
Christine Blinke, Investor Relations and Marketing Director,
Orc Software,
Tel. + 46 739 01 02 01 

Copyright Business Wire 2009

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