The dominant provider of electronic payment options to government entities reported Thursday that during 2001 it realized a 59% increase in its client base and a 73% surge in the number of payment services provided on behalf of those clients. Official Payments Corporation reported 1,177 total clients at the end of 2001 and 1,988 total payment services as of Dec 31. Revenues for the fourth quarter were $4.3 million, a 37% increase over 4Q/00. The net loss on a GAAP basis for the current quarter was $9.4 million compared to a net loss of $6.1 million for the fourth quarter ended Dec 31, 2000. Net loss on a GAAP basis for 2001 was $41.3 million. Revenues increased 21% to $31.4 million for the fiscal year 2001. During the fourth quarter, the company underwent a corporate restructuring intended to reduce significantly the company’s operating expenses and use of cash. For complete details on OPC’s 4Q/01 results visit CardData ([www.carddata.com]).