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MCLEAN, Va., Feb. 16

With recent announcements about new content and nationwide access to its services, Online Resources & Communications Corporation, a leading service bureau in the Internet and remote banking industry, has achieved its goal of integrating its proprietary technology and services with its well established network links to financial institutions, consumers, and financial content. By creating a "network of networks" and integrating and packaging the data that flows through them, Online Resources can provide financial institutions and their clients a content-rich, cost-effective and easily implemented suite of interactive financial services. Online Resources' network of networks for financial electronic commerce (EC) includes:

• An EFT (electronic funds transfer) Gateway to a network of processors, ATM networks and financial technology companies that link Online Resources to financial institutions.
• A Content Gateway (the Financial Services Center or FSC) to a network of third-party financial content providers that supplement Online's billpaying and banking services.
• An Access Gateway to a network of access providers or Online's proprietary servers, giving consumer multiple access options through the Internet or dial-up networks using a variety of enabling devices and software.

Alex Seltzer, executive vice president, systems & technology, said the company has simplified what is highly complex technology. "At the heart of our financial EC network of networks is a sophisticated integration capability," Seltzer said. "By integrating our proprietary technology with well established network links to financial institutions, consumers and content, we do much more than merely link gateways; we can pull data from various sources, integrate and package it into value-added consumer financial services and information."

Online Resources' EFT Gateway enables "plug and play" implementation of online financial services. With technological links to more than 50 companies, Online has a real-time transaction path to substantially all U.S. financial institutions for online bill paying and account information.

The recently announced FSC is the centerpiece of Online Resources' Content Gateway. The FSC supplements Online's core billpaying and banking services by providing consumer access to online insurance, loan approval, securities trading, investment information, financial planning tools and shopping services. Online built and maintains the FSC, but it appears as a bank-branded service on the institution's Web site.

Online Resources has long been known for its Access Gateway that offers multi-access capabilities, linking consumers to their money through the Internet, private PC networks, telephones and ScreenPhones. On PCs, consumers can use Online's banking and billpaying interface, personal financial management (PFM) software such as Intuit's Quicken or Microsoft's Money, or other banking and billpaying software provided by Online access partners such as Aftech, Fiserve, Ultradata, Voice Access and other providers of Internet and dial-up access servers.

McLean, Va.-based Online Resources & Communications Corporation (www.orcc.com) provides Internet and remote banking services to financial institutions that "privately brand" them. The company's patented ATM network-based architecture allows real-time bill paying and account information with major cost and quality benefits. And by merging various network access and device alternatives with comprehensive financial content and the banking industry's established payments infrastructure, Online Resources has developed a network of networks and a one-stop electronic commerce solution for financial institutions. The company, founded in 1989, is privately-held and serves 315 financial institutions nationwide.