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MCLEAN, Va., Feb. 11, 2000

Online Resources & Communications Corp. (Nasdaq: ORCC), a leading provider of Internet banking and billpaying services, today announced the appointment of Carl D. Blandino as executive vice president and chief financial officer. Blandino replaces George E. Northup who is leaving the company.

The appointment marks Blandino's return to Online Resources where he headed the company's billpaying and call center operations from 1992 to 1997. Blandino has since served as a CFO in the software and systems integration industry.

Matthew P. Lawlor, chairman and CEO of Online Resources, said Blandino's operational experience and his financial background are the perfect combination for Online Resources as it expands to meet the growing marketplace for online financial services.

"Carl helped build much of our operational infrastructure during our early years," Lawlor said. "He is familiar with the challenges and opportunities facing the online financial services industry in general and with Online Resources in particular. We anticipate Carl will be instrumental in balancing our growth and marketing objectives with our need to become more cost-effective and profitable. I am thrilled to have Carl back with the company."

Blandino will lead the finance, accounting, human resources, administration, and investor relations departments and report to Lawlor.

Blandino formerly served at Segue Software, a publicly held electronic commerce software provider, where he was CFO and senior vice president of administration. He also served as CFO for Per-Se' Technologies, a software and systems integrator serving the healthcare industry. He previously held management positions with Deloitte Haskins & Sells and Coopers & Lybrand. Blandino is a CPA with a B.S. degree from Robert Morris College.

Northup is joining LiveCapital.com, Inc., a leading online business financing center. LiveCapital.com, based in San Mateo, California, is backed by various investors including Kleiner Perkins Caufield & Byers, a technology venture capital firm. Northup will serve as CFO of the company.

"George has been a key contributor to Online Resources, taking us through our late stages as a private company, leading the IPO and helping to recruit Carl Blandino back to the company, " Lawlor said. "All of us here have come to respect George's competence, leadership and business acumen. Working with him everyday has been a rewarding experience, and we wish him continued success."

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. 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.

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.