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

Online Resources Corporation (Nasdaq: ORCC) is the new corporate name of the former Online Resources & Communications Corporation.

The company announced its streamlined name today. Online Resources' stock symbol and Web address remain the same.

The streamlined name reflects the evolution of the company, according to Matthew P. Lawlor, chairman and chief executive officer. "We are an Internet enterprise," Lawlor said. "Clients and consumers increasingly access our services almost entirely via the Web and not private communication networks. We will continue to leverage the standards and efficiencies of the Internet to provide our client financial institutions and their customers the comprehensive suite of financial services and e-commerce payments systems."

Online Resources 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 more than 275,000 consumer and small business 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.