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Online Resources Announces Date For First Quarter 2005 Earnings And Annual Shareholder Meeting
CHANTILLY, Va., March 22, 2005
Online Resources Corp. (Nasdaq: ORCC), a leading Internet financial services provider, today announced it will provide first quarter 2005 earnings results after the close of market on Wednesday, April 20, 2005. Management will host a conference call to discuss the results at 4:15 p.m. ET the same day.
In addition, the Company announced its Annual Shareholder Meeting will be held on Wednesday, May 4, 2005 at 2 p.m. ET at the Harvard Club in New York, New York. More information is available in the "Investors" section of Online Resources web site at www.orcc.com and will be included in the Company's proxy statement to be distributed in early April.
1Q 2005 Earnings Call Access Information
The conference call dial-in number is (800) 938-1087 for domestic participants and (706) 679-7266 for international participants. Alternatively, a live web cast of the call will be available through the "Investors" section of Online Resources' web site at www.orcc.com.
The call and web cast will be recorded and available for playback from 8:00 p.m. ET on April 20 until midnight on Wednesday, April 27. For the conference call playback, dial (800) 642-1687 for domestic participants and (706) 645-9291 for international participants and enter code 4696828. For web cast replay, go to the "Investors" section of www.orcc.com.
About Online Resources
Online Resources powers Internet financial services for 700 firms nationwide. The Company's proprietary account presentation, payment and relationship management services are branded to its client banks, credit unions, card issuers and payment acquirers. The Company serves over three million consumer end-users and processes over $10 billion in payments annually. Founded in 1989, Online Resources (Nasdaq: ORCC, Website: www.orcc.com) has been widely recognized as one of the nation's fastest growing technology firms.
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, latest 10-Q, and S-3 as filed with the Securities and Exchange Commission. These factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements.
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Media Contact: Beth Halloran,
Director, Corporate Communications
703.653.2248
bhalloran@orcc.com
Investor Contact: Catherine Graham,
EVP & Chief Financial Officer
703.653.3155
cgraham@orcc.com
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