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Orc Software AB - Year-End Financial Report January 1 - December 31, 2006.


STOCKHOLM, Sweden -- Orc Software AB (STO:ORC)

October-December 2006 * Revenue SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 111 (79) million * Operating income Operating Income

The profit realized from a business' own operations.

Notes:
This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit.
 SEK 21 (13) million * Operating income SEK 24 (14) million after adjustments for items affecting comparability and foreign exchange effects * Operating margin Operating Margin

A ratio used to measure a company's pricing strategy and operating efficiency.

Calculated by:
 19.1 (17.0) percent * Operating margin 22.2 (18.1) percent after adjustments for items affecting comparability and foreign exchange effects * Income after taxes SEK 17 (8) million * Earnings per share SEK 1.13 (0.54)

Full year 2006 * Revenue SEK 418 (278) million * Operating income SEK 67 (28) million * Operating income SEK 84 (27) million after adjustments for items affecting comparability and foreign exchange effects * Operating margin 16.1 (9.9) percent * Operating margin 20.9 (10.4) percent after adjustments for items affecting comparability and foreign exchange effects * Income after taxes SEK 51 (20) million * Earnings per share SEK 3.30 (1.40)

Significant events * Strong sales during the quarter and the year in total - the annual value of existing client contracts increased by 11 percent from SEK 311 million to SEK 346 million during the quarter and by 30 percent pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma
 during the year in total * The Board of Directors proposes a dividend for 2006 of SEK 2.00 per share

Orc Software (SSE (1) An earlier full-screen editor in OS/2.

(2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the
: ORC) is a leading global provider of technology for advanced trading, market making and brokerage. Founded in 1987, Orc provides solutions and services to its 600+ worldwide customer sites from its 14 offices across Europe, North America and Asia Pacific. Orc Software's customers include leading investment banks, trading and market-making firms, exchanges, brokerage houses, institutional investors, hedge funds and software vendors. CameronFIX, the number one Financial Information Exchange protocol (FIX) electronic trading standard, is a fully owned Orc connectivity solution and is also used as a stand-alone solution by major members of the global financial industry. Orc Software has offices in Chicago, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Toronto, London, Stockholm, Frankfurt, Milan, Vienna, Zurich, St. Petersburg, Moscow, Hong Kong and Sydney. In 2006, the company's revenue was SEK 418 million (USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 57 million). www.orcsoftware.com

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Date:Jan 25, 2007
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