« More 1999 Releases

Companies to Combine ORCC's Opussm Remittance Service with S1 Platform for HTI's Internet Banking Solution

MCLEAN, Va., Dec. 28 /BUSINESS WIRE/

Online Resources & Communications Corp. (Nasdaq: ORCC), a leading provider of Internet banking services, today announced that HTI Voice & Internet Solutions has agreed to integrate Online Resources' bill pay solution, the Opus Remittance Service, into HTI's Internet Banking solution based on the electronic platform from S1 Corp.

Online Resources will implement its bill pay service to ensure bills are paid as scheduled by customers of HTI's client institutions. Because Online Resources maintains such a comprehensive and accurate merchant database with an aggressive merchant services program, the company boasts the industry's highest accuracy rates and a electronic bill pay percentage also believed to be the industry's highest at 55%.

"Our flexible systems architecture is designed to provide options for financial institutions looking to upgrade their bill pay service," said Online Resources COO Ray Crosier. "We can integrate our 'pay anyone' bill pay service into virtually any front-end an institution utilizes, or we can provide our turnkey solution for institutions wanting a fully outsourced service. In the long-run, we believe such flexibility provides prospective clients more options suited to their individual needs and preferences, and our company more business and revenue opportunities."

"This partnership is a natural fit because we both have a strong market presence with community banks and credit unions," said HTI President & CEO Kenneth B. Brater. "Northwest Airlines Federal Credit Union is a prime example. HTI is currently implementing Phase II of their Internet Banking solution, which will feature online bill payment through the Opus Remittance Service. The Northwest system already has 11,000 users since its implementation only three months ago."

HTI becomes the 41st reseller of Online Resources services.

Online Resources & Communications Corporation ( http://www.orcc.com ) is a leading outsourcer of privately branded Internet financial services, principally for regional and community banking institutions. The McLean, Virginia-based company has more than 400 institutional clients nationwide. It provides consumer bill paying and banking services and aggregates lending, insurance, securities trading and investment services. Online Resources performs real-time processing through its patented EFT gateway and full customer service for client institutions, giving them a comprehensive "hub" solution from a single vendor. Client consumer marketing programs are conducted under the bankonline.com co-brand.

HTI Voice & Internet Solutions helps companies solve business problems and communicate more effectively through the strategic implementation of advanced voice, web and system integration technologies. For 13 years the company has been developing solutions that allow clients to improve service, streamline operations and reduce expenses. Some of HTI's financial clients include Abington Savings Bank, Banco Do Brasil, Chase, Eastern Bank, Liberty Bank, Rydex Series Trust and Third Federal Savings. HTI is headquartered in Marlborough, MA with various offices across the United States. For more information on HTI Voice Solutions, call (800) 255-4241 or visit our virtual pressroom at http://www.htivs.com.

This news release contains statements about future events and expectations, which are "forward-looking statements." Any statement in this release that is not a statement of historical fact may be deemed to be a forward-looking statement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Specific factors that might cause such a difference include, but are not limited to: the company's history of losses and anticipation of future losses; the company's dependence on the marketing efforts of third parties; the potential fluctuations in the company's operating results; the company's potential need for additional capital; the company's potential inability to expand the company's services and related products in the event of substantial increases in demand for these services and related products; the company's competition; the company's ability to attract and retain skilled personnel; the company's reliance on the company's patents and other intellectual property; the early stage of market adoption of the services it offers; consolidation of the banking and financial services industry; and those risks and uncertainties discussed in filings made by the company with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in the company's Registration Statement on Form S-1 as filed with the Securities and Exchange Commission.