Article: Orc Software AB - Interim Report January 1 - March 31, 2007.

Continued Growth

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

January-March 2007

* Net revenue SEK 124.3m (92.9 first quarter 2006)

* Revenue growth 33.7 compared with first quarter 2006

* Operating income SEK 30.1m (3.5)

* Operating margin 24.2 (3.8)

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