MINNEAPOLIS—August 10, 2009 – FICO (NYSE:FIC), the leading provider of analytics and decision management technology, announced today that it will change the ticker symbol of its shares on the New York Stock Exchange from "FIC" to "FICO," effective at the start of trading on Tuesday, August 18, 2009. The new symbol reflects the company’s identity, which is widely known and respected among investors, consumers and the industries FICO serves.
“The FICO name stands for empowerment, innovation and value…qualities that we’ve earned over time, that mean a great deal to our shareholders, clients and partners, and that distinguish us in the marketplace,” commented Mark Greene, CEO at FICO. “It seems only fitting that this identity be reflected in our ticker symbol, the shorthand by which the investment community knows us best.”
In recognition of this milestone, Mark Greene and other FICO executives will ring the NYSE closing bell on Monday, August 17.
FICO (NYSE:FIC, soon to be FICO) transforms business by making every decision count. FICO’s Decision Management solutions combine trusted advice, world-class analytics and innovative applications to give organizations the power to automate, improve and connect decisions across their business. Clients in 80 countries work with FICO to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. FICO also helps millions of individuals manage their credit health through the www.myFICO.com website.
Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company’s Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO’s SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2008, and its last quarterly report on Form 10-Q for the period ended June 30, 2009. If any of these risks or uncertainties materializes, FICO’s results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.
FICO is a trademark of Fair Isaac Corporation in the United States and in other countries.