In the course ofone year our total value has risen by close to SEK 200m and now amounts tonearly SEK 700m. Our ability to grow in spite of the deep recession is atestament to the strength of our business model, strategy and products, eventhough part of the increase is due to a stronger dollar and euro We also achieved healthy growth in revenue. Here, we have considerable stabilityin that recurring revenue makes 95% of our total operating revenue. Theefficiency program that we started in December 2008 has been largely completedand the resulting cost savings contributed to the period`s robust earnings Ouroperating margin of 29% confirms this positive picture. We have continued investing in competitive solutions such as our new product forfutures trading that will be launched during Q2.This is a market segment thatOrc has previously targeted to only a limited extent.
However, there are some dark clouds on the horizon and we are taking theseseriously. In response to a high share of contract reductions, particularly inEurope, and a still cautious stance among many of our major customers, we areworking hard to optimize sales, service and development of solutions. It is alsovital that we keep our costs down to avoid exposing ourselves to unnecessaryrisks in the event of further deterioration in the market. Furthermore,weakening of the US dollar or euro would have a negative impact on our revenueand margins. We are well aware that upcoming events may affect the company negatively duringthe remainder of the year. But in spite of this, we expect to increase ourannual contract value, revenue and income for the full year 2009 compared to2008. About Orc SoftwareOrc Software (SSE:ORC) (STO:ORC) is the leading global provider of powerfulsolutions for the worldwide financial industry in the critical areas of advancedtrading and low latency connectivity.
Orc`s competitive edge lies in its depthof knowledge of the trading world gained by deploying advanced solutions forsophisticated traders for over 20 years. Orc Trading and Orc Connect provide the tools for making the best trading andconnectivity decisions with strong analytics, unmatched market access, powerfulautomated trading functionality, high performance futures and options tradingcapabilities, 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, quality support services and development from its officesacross EMEA, Americas and Asia Pacific. For more information, please visit: information was brought to you by Cision http:// SoftwareThomas Bill, CEOPhone: +46 8 506 477 35orAnders Berg, CFOPhone: +46 8 506 477 24 Copyright Business Wire 2009. THOMSON REUTERS, April 23, 2009 Diary of S&P 500 Corporate earnings for U.S. companies S&P 500 Earnings – Monthly[RESF/US]S&P 500 Earnings – Day Ahead [ESTEARN/SP] Non S&P 500 – Weekly[NSP500/WK]Non S&P 500 – Day Ahead[ESTEARN/] ConferenceCall/Webcast – Weekly [US/CCALLM]ConferenceCall/Webcast – Day [US/CCALL] Meetings – Weekly [US/MEETM] Meetings – Day Ahead [US/MEET] Economic Indicators USTODAYDividends [DIV/US] Daily earnings hits & misses[US/EARN] Federal Reserve events[FED/DIARY] S&P 500 EARNINGSDATE GMT COMPANY NAME AND PERIOD SYMBOL EPSNo.OFYEAR AGO ESTIMATEESTEPS23 Apr Q1 Amazon , Inc (AMZN.O) 0.3127 0.3423 AprAMCQ1 American Express Co.
(AXP)0.1417 0.8423 Apr Q1 Amgen(AMGN.O) 1.1418 1.1223 Apr Q1 AutoNation (AN) 0.1611 0.3123 AprBMOQ1 Ball Corporation (BLL)0.7610 0.8023 Apr Q1 Black & Decker Corporation (BDK)0.0810 1.2923 Apr Q1 Burlington Northern Santa Fe BNI0.9616 1.3023 Apr Q1 CF Industries(CF) 1.56 2 1.9923 AprAMCQ1 Chubb Corporation(CB) 1.3818 1.6323 Apr Q1 CIT Group(CIT) -0.43 8-1.3623 Apr Q1 ConocoPhillips (COP)0.4111 2.5223 AprBMOQ1 Cooper Industries Ltd. (CBE)0.4714 0.8123 Apr Q1 Danaher(DHR)0.7317 0.8923 Apr Q1 Diamond Offshore Drilling Inc (DO) 2.2126 2.0923 Apr Q1 Eastman Chemical Co. (EMN)0.15 6 1.4823 Apr Q1 EMC Corporation(EMC)0.1619 0.1623 AprBMOQ1 Ensco Intl.(ESV)1.5125 1.9023 AprBMOQ1 Exelon Corporation (EXC)1.11 7 0.9323 AprAMCQ1 Federated Investors, Inc (FII)0.48 9 0.5523 Apr Q1 Fifth Third Bancorp(FITB.O)-0.2713 0.5523 AprBMOQ1 Goodrich Corporation (GR) 1.0719 1.2123 Apr Q1 IMS Health RX 0.38 9 0.3723 Apr Q1 Janus Capital Group Inc. (JNS)0.0712 0.3923 AprAMCQ1 Juniper Networks JNPR.O 0.1725 0.2723 AprBMOQ1 L-3 Comm.(LLL)1.6311 1.5423 AprBMOQ1 Laboratory of America(LH) 1.1713 1.1423 Apr Q1 Marriott Intl. (IGT)0.2217 0.2823 AprAMCQ3 KLA-Tencor (KLAC.O)-0.2716 0.6723 AprAMCQ3 Microsoft(MSFT.O) 0.3928 0.4723 Apr Q4 Supervalu Inc (SVU)0.9612 0.7324 Apr Q1 3M Co (MMM)0.8511 1.3824 Apr Q1 Ford Motor Co.
