Audentes Technology LLC Deploys Orc Liquidator

Chicago, IL and New York, NY - 11 September 2007

Orc Software (SSE: ORC), the leading global provider of technology for advanced derivatives trading and connectivity, today announced Audentes Technology LLC, a Chicago-based trading firm, has selected Orc Software’s Liquidator for its derivatives algorithmic trading solution. Orc Liquidator is a black box trading platform targeted at proprietary trading desks at investment banks, trading firms, and hedge funds.

“We are impressed by Orc Liquidator’s fast time-to-market, low latency, and connectivity to a large number of markets,” notes Libby Christy, Operations Manager for Audentes Technology.

“The addition of Audentes Technology to our growing Chicago client base further attests to the market acceptance of Orc’s solution,” said Martin Koopman, North American President for Orc Software. “Orc’s demonstrated success with Liquidator is proving to firms large and small that they too can take advantage of a sophisticated, best-in-class, algorithmic trading solution.”

Orc Liquidator allows the rapid deployment of custom trading strategies at a processing speed of over 20,000 orders per second with sub-millisecond latency. Among the custom strategies commonly deployed on Liquidator are cross market futures spreads, listed spread vs. synthetic spread, pairs trading, volatility trades, currency cash and futures arbitrage, local exchange vs. ADR, and option market making. Orc Liquidator has connectivity to over 100 exchanges worldwide.

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