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Online Resources Announces Third Quarter Results; Revenues Double, End-Users Triple Versus Prior Year

Online Resources & Communications Corporation (Nasdaq: ORCC), a leading provider of Internet banking services, today reported financial results for the third quarter and the nine months ended September 30, 1999.

MCLEAN, Va., Oct. 27 /PRNewswire/

ONLINE RESOURCES
Key Operating Data

  September 30,
1999		 September 30,
1998
New Financial Institution Clients
# Signed in Quarter 35 52
# Associated Checking Accounts (potential users) 673,000 603,000
Total Financial Institution Client Base
# Total at Quarter-end 408 267
# Associated Checking Accounts (potential users) 8,100,000 5,990,000
New Launches of Financial Institution Clients
# Launched in Quarter 31 25
# Associated Checking Accounts (potential users) 759,000 604,000
Total Financial Institution Clients Launched
# Total at Quarter-end 222 99
# Associated Checking Accounts (potential users) 5,378,000 2,875,000
New End-Users (Transactional)
# Increase (Decrease) in Quarter 26,000 10,000
% of Checking Accounts of Launched Clients .48% .35%
Total End-Users (Transactional)
# Total at Quarter-end 107,000 37,000
% of Checking Accounts of Launched Clients 1.99% 1.29%

SOURCE Online Resources & Communications Corporation

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Online Resources Contact: Robert Griendling,
703/978-4686,
bob@griendling.com