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| Online Resources Announces Date for 4th Quarter and Year End Results |
MCLEAN, Va. Feb. 13
MCLEAN, Va.--(BUSINESS WIRE)--Feb. 13, 2001--Online Resources Corp. (NASDAQ: ORCC), a leading end-to-end Internet application service provider to 500 financial institutions, will report its 4th quarter and calendar year 2000 earnings on Thursday, February 15, 4:30 p.m. EST.
The quarterly results conference call and live webcast will be conducted at 5:00 p.m. EST.
Matthew P. Lawlor, chairman and chief executive officer, will host the conference call. Joining Mr. Lawlor on the call are Carl D. Blandino, executive vice president and chief financial officer, who will discuss the 4th quarter and calendar year 2000 results; and Raymond T. Crosier, president and chief operating officer, who will review progress on Online Resources' new 5-point initiative to accelerate profitability. Mr. Lawlor will conclude with a discussion of the company's long-term financial goals and strategy.
The dial-in number is 888/792-1075. Ask the operator to be connected to the Online Resources conference call. A live webcast of the conference call is available through the "investors" section of Online Resources' website, www.orcc.com. The call will be recorded and available for playback at 8:00 p.m. Eastern Time on Thursday, February 15 until midnight on Thursday, February 22, 2001. Dial 888/266-2081 or 703/925-2533 and provide the PIN number 4975841 to hear the playback.
Online Resources Corporation (www.orcc.com), a leading Internet application service provider, offers a comprehensive suite of e-financial services. Founded in 1989, the company provides its Quotien(SM) Internet banking, bill payment, customer care and other Web-based financial services to approximately 500 financial institutions with 300,000 consumer and small business end-users. As part of its suite of services, the company processes approximately 9 million bill payments per year, clearing $2 billion. 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.
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. Specifically 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 Form 10-K as filed with the Securities and Exchange Commission.
| Media Contact: Dorothy Thompson of Online Resources, 703.384.5328 dthompson@orcc.com |
| Investors Contact: Carl D. Blandino, CFO of Online Resources, 703.394.5100 cblandino@orcc.com |