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MCLEAN, Va., Sept. 13

Online Resources & Communications Corp. (Nasdaq: ORCC), a leading provider of Internet banking and bill payment services to financial institutions, today announced that its annualized transaction run rate is now more than 30 million and that the number of end users enrolled for its service has reached 275,000 consumers.

Matthew P. Lawlor, chairman and chief executive officer of Online Resources, said, "Because our business model is based on recurring user fees spread over relatively fixed costs, continuing strong transaction and user growth are measurable indicators of Online Resource's accelerating progress toward sustainable profitability and increased shareholder value."

The company reported 275,000 end-users compared to approximately 100,000 at this time last year. Approximately 55 percent of these users subscribe to the company's bill payment processing services.

In August, the company processed 2.8 million transactions, a 166 percent increase over August 1999 and a 26 percent increase over the monthly average for the second quarter 2000 (2Q00). On an annualized basis, the company processed 33 million transactions versus a 12 million run-rate the prior year.

Transactions in the month of August included:

Banking transactions include balance inquiries, account statement reviews, and transfers. Bill payments are processed and settled by the company. Customer care includes contacts with the company's call center and emails (of which 72 percent were requests for service expansion). Other transactions include EFT authentications and other e-finance services.

Online Resources & Communications Corporation (http://www.orcc.com), a leading Internet application service provider, offers a comprehensive suite of e-financial services. The company provides its Quotien(SM) Internet banking, bill payment, customer care and other Web-based financial services to over 450 financial institutions with over 275,000 end-users. An integrated database enables seamless user support, targeted marketing, and personalization. Clients and users benefit from a simple yet powerful Internet solution, backed by an end-to-end service quality guarantee and bundled pricing advantages. Online Resources was founded in 1989 and has 400 employees.

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 and the Company's Form 10-K as filed with the Securities and Exchange Commission. SOURCE Online Resources & Communications Corp.