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Online Resources Reports 169 Percent Increase in End Users For the Second Quarter 2000

ONLINE RESOURCES CONDENSED BALANCE SHEET

  JUNE 30,
2000
(UNAUDITED)
DECEMBER 31,
1999
ASSETS
Current assets:
Cash and cash equivalents $1,308,698 $1,588,187
Investments in available for sale 10,918,497 19,905,929
Accounts receivable, net 2,319,587 1,875,707
Prepaid expenses and other 847,668 946,207
Total current assets 15,394,450 24,316,030
Property and equipment, net 5,419,253 4,616,672
Other assets 276,630 284,473
Total assets $21,090,333 $29,217,175
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable, accrued liabilities and other $2,358,795 $2,293,659
Deferred revenues 515,250 417,926
Current portion of long term obligations 408,781 709,076
Total current liabilities 3,282,826 3,420,661
Long term obligation, less current maturities 297,493 329,480
Total Liabilities 3,580,319 3,750,141
Stockholders' equity 17,510,014 25,467,034
Total liabilities and stockholders' equity $21,090,333 $29,217,175

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Media Contact: Donald W. Schuster of the Torrenzano Group,
212.681.1700, ext. 103,
dwschuster@torrenzano.com
Investors Contact: Carl D. Blandino, CFO of Online Resources,
703.394.5100, ext. 103,
cblandino@orcc.com