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To: GREATMOOD who wrote (25722)6/12/2001 8:04:30 PM
From: GREATMOODRead Replies (2) | Respond to of 118717
 
InteliData Discusses Financial Outlook

* Growth and Strength in Recurring Revenue Model Provides Revenue And Earnings Visibility

* Previous Guidance for 2001 and for Profitability in the Second Half Of 2002 is Maintained

* Financial Guidance is Provided for 2002 With Ranges for Revenues And Earnings Per Share Based on the Current Business Outlook

RESTON, Va., June 12 /PRNewswire/

-- InteliData Technologies Corp. (Nasdaq: INTD), a pioneer in electronic banking and bill payment technology, today discussed the Company's current financial outlook. The following forward-looking statements are based on current expectations and are subject to risks and uncertainties. Actual results may differ materially. For purposes of guidance:

* InteliData maintains previous guidance for 2001 revenues in the $18-$21 million range with expected cash operating loss per share in the (0.37) to $(0.53) range

* InteliData maintains that they expect to become profitable in the second half of 2002

* For purposes of guidance for 2002, InteliData anticipates revenue growth of 50-75% or approximately $28-37 million and loss per share in the $(0.14) to $(0.03) range.

* Assuming a revenue growth rate consistent with 2002, InteliData expects 2003 to be profitable.

Commenting on the Company's current business outlook, InteliData President and CEO, Al Dominick, said, "We are proud and pleased with the strength of the InteliData business model, and look forward to taking our story to the analyst and investment community beginning this week.

A copy of the current presentation can be found at the Investor Relations portion of our web site at

intelidata.com

Click on "Overview"

Click on "Click here for the road show presentation"

I'll give you guys a hint:

The numbers they gave out were conservative, conservative, conservative. They do not include any future revenues from impending contracts that have not yet been announced.

Electronic bill paying is in the news daily. There has been more progress in the last 18 months than there has been in the last 15 years!

There are 18 billion bills presented each year, and INTD gets paid "per click" on a recurring revenue model. They are ruthlessly managing their expenses, their margins are outstanding, and they have leveraged their technology so revenue growth will not require additional hiring.

If you are interested in 50% growth, I think that you ought to at least follow this great story for a quarter or so and monitor their progress.

GM