Tony Falck new CFO at Orc Group (Cidron Delfi Intressenter AB)

MAY 17 2013

Tony Falck B.Sc. Business Administration has been appointed CFO of Orc Group. He succeeds Tomas Ljunglöf who is leaving the company in July 2013.

Tony comes from a position as CFO for Mercuri International Group and has a solid international career at companies such as Telia AB and Cambridge Silicon Radio. Tony joins Orcs executive management and will start no later than September 1, 2013.

"I am very pleased to welcome Tony onboard and I am confident that Orc will benefit greatly from his international experience and valuable expertise in driving and supporting change management processes as a controller or CFO," says Torben Munch, CEO, Orc Group.

"Tomas and his team have delivered an outstanding performance since Nordic Capital acquired Orc Group," Torben Munch continues. "Tomas contributions have been instrumental when separating Orc Group into three independent companies, during the successful bond issue and when establishing solid routines and processes for financial tracking and overall monitoring of the business. On behalf of the Board and Orc's management team I wish Tomas the best of luck in the future."

For further information, please contact:
Torben Munch , CEO, Orc Group AB, tel. +46 8 506 477 35

About Orc
Orc is a leading provider of technology and services for the global financial industry. Since 1987, Orc delivers trading and market access solutions used by proprietary trading and market making firms, investment banks, hedge funds and brokerage houses worldwide.

Orc develops and provides the tools needed for running profitable trading or brokerage businesses in today's competitive and ever-changing markets.

With market presence in all major global financial centers, Orc provides sales and support services from its offices across EMEA, the Americas and the Asia-Pacific regions.

Orc is owned by Cidron Delfi Intressenter AB, which is in turn owned by Nordic Capital Fund VII.

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