« More 2000 Releases

Community Banking Clients of Former EDS Unit Targeted

MCLEAN, Va., Feb. 7, 2000

Online Resources & Communications Corp. (Nasdaq: ORCC), a leading provider of Internet banking and bill pay services, has signed a strategic marketing agreement with Aurum Technology Inc., formerly a division of EDS' Financial Industry Group that spun-off and became an independent company in December 1999.

"Together we will help our mid-range and community-based financial institution clients level the playing field with larger institutions," said Brian Van Dyk, Aurum Technology Executive Vice President. "Online Resources is a well-established e-business outsourcer with market leading Internet banking capabilities and the demonstrated scalability and reliability required to handle the explosive growth we expect in this market. Online Resources' real-time banking and bill payment infrastructure and Aurum's application software and item processing capabilities offer financial institutions a powerful solution."

Online Resources CEO Matthew P. Lawlor welcomes Aurum's endorsement of Online Resources real-time services. "Aurum is a highly respected leader in the mid-range and community-based banking market, which is also our core market," Lawlor said. "We will marry our real-time Internet banking capabilities with Aurum's real-time core processing capabilities in a way that will help our mutual clients emerge winners in 21st century e-commerce."

Online Resources & Communications Corporation (http://www.orcc.com) is a leading outsourcer of privately-branded Internet financial services for regional and community banking institutions. The McLean, Virginia-based company has more than 400 institutional clients nationwide. The company 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.

Aurum Technology Inc. offers a wide variety of IT products and services to financial institutions. Service offerings include application software development and licensing, application software processing, ATM processing, image-based item processing, electronic business services, branch automation, data warehousing, Internet banking, bill payment, network management and third party systems integration. Visit our Web site at http://www.aurumtechnology.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.