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January 22, 2008
(Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced a new forward-looking decision tool kit for lenders. The Fair Isaac Risk Management Suite, available in 2Q08, provides deeper insight into the future debt sensitivity and default risk of individuals, as well as more precise understanding of default risk across entire loan portfolios. The suite includes the latest FICO® 08 Score plus a new Credit Capacity™ Index score, Portfolio Stress Testing analytics, and educational modules known as Fair Isaac Insights.
"Our clients are experiencing unprecedented pressure to identify, understand and manage risk amid today's fast-moving, uncertain economic conditions," said Dr. Mark Greene, CEO of Fair Isaac. "As the industry leader, we are responding with a far-reaching set of innovative resources that extend lenders' ability to predict and manage credit risk effectively."
The Fair Isaac Risk Management Suite consists of:
"In challenging times, it falls to the leaders to stay the course and produce innovations that restore equilibrium and growth," said Mike Campbell, Chief Operating Officer for Fair Isaac. "As a leader in analytics and decision technology for 50 years, we take our responsibility seriously, and will continue to work closely with our clients and partners to develop the products they need to be successful."
Fair Isaac is accepting inquiries now for the Risk Management Suite. For more information, email email@example.com, call (800) 777-2066 (Option #1) or contact a Fair Isaac representative directly.
About Fair IsaacFair Isaac Corporation (NYSE:FIC) combines trusted advice, world-class analytics and innovative applications to help businesses make smarter decisions. Fair Isaac's solutions and technologies for Enterprise Decision Management turn strategy into action and elevate business performance by giving organizations the power to automate more decisions, improve the quality of their decisions, and connect decisions across their business. Clients in 80 countries work with Fair Isaac to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. Fair Isaac also helps millions of individuals manage their credit health through the www.myFICO.com website.
Fair Isaac Statement Concerning Forward-Looking InformationExcept for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its FICO® score, FICO® 08 Score, Fair Isaac Credit Capacity Index or Fair Isaac Portfolio Stress Testing and the relationships described herein, and the benefits to be derived from the offerings, 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 any unforeseen technical difficulties related to the implementation, use and functionality of the offerings, the risks that customers will not perceive material benefits from the offerings, failure of the products to deliver the expected results, the possibility of errors or defects in the offerings, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2007. Forward-looking statements should be considered with caution. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Fair Isaac's results could differ materially from Fair Isaac's expectations in these statements. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.
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