Online Resources Named To Fortune Small Business 100
Online Resources Named To Fortune Small Business 100
CHANTILLY, Va., June 28, 2006 Online Resources Corporation (Nasdaq: ORCC), a leading provider of web-based financial services, today announced that it has been named to the 2006 FORTUNE Small Business 100, a list of Americas fastest growing public companies. Online Resources ranked 57th."I am proud of our track record of high growth, and look forward to continued robust consumer adoption of our web-based account presentation and billpay services, said Matthew P. Lawlor, chairman and chief executive officer for Online Resources.
To compile the sixth annual list, FORTUNE Small Business asked financial research firm Zacks to rank public companies with revenues less than $200 million and a stock price of more than $1, based on their percentage growth in earnings, revenue, and stock performance over the past three years. Banks and real estate firms were excluded.
Lawlor added, We expect to complement strong organic growth with acquisitions, and are pleased to report that our acquisition of Princeton eCom is proceeding smoothly and is being well received by their clients and partners.
The Company recently announced a definitive agreement to acquire Princeton eCom. Combined with Princeton, Online Resources will serve 3800 financial institutions and billers, more clients than any other bill payment processor.
The complete Fortune Small Business 100 list appears in the July/August issue of FORTUNE Small Business and is available online at www.fsb.com.
About Online Resources
Online Resources powers web-based financial services for over 800 firms nationwide. It provides a suite of proprietary banking and payment services that are branded to its client financial institutions. The Company serves over 4 million consumer end-users and processes $15 billion in payments annually. Founded in 1989, Online Resources (Nasdaq: ORCC, Website: www.orcc.com) is a recognized leader in financial technology services
Source: Online Resources
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