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Online Resources Posts Second Quarter 2005 Results

Consolidated Balance Sheets
(In thousands)

  JUNE 30, 2005 DECEMBER 31, 2004
ASSETS
Current assets:
  Cash, Cash Equivalents and Short-term Investments $ 50,897 $ 6,291
  Accounts Receivable, Net 7,457 8,516
  Deferred Implementation Costs 534 461
  Prepaid Expenses and Other Current Assets 920 2,635
    Total Current Assets 59,808 17,903
Property and Equipment, Net 13,663 13,100
Goodwill 16,452 11,273
Intangible Assets 2,606 1,570
Deferred Implementation Costs, Less Current Portion 507 420
Other Assets 526 351
    Total Assets $ 93,562 $ 44,617
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
  Accounts Payable, Accrued Expenses and Other Current Liabilities $ 4,321 $ 4,972
  Deferred Revenues 1,723 973
  Deferred Rent Obligation 158 158
  Capital Lease Obligation 29 11
    Total Current Liabilities 6,231 6,114
Deferred Revenues, Less Current Portion 678 379
Deferred Rent Obligation, Less Current Portion 1,728 1,525
Other Long Term Liabilities 38 133
    Total Liabilities 8,675 8,151
Stockholders' Equity 84,887 36,466
    Total Liabilities and Stockholders' Equity $ 93,562 $ 44,617

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Media Contact: Beth Halloran,
Director, Corporate Communications
Online Resources Corporation
703.653.2248
bhalloran@orcc.com

Investor Contact: Catherine Graham,
EVP & Chief Financial Officer
703.653.3155
cgraham@orcc.com