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January 28, 2009
Fair Isaac® Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced that Deborah Kerr will join the company on February 2 as executive vice president, chief technology and products officer. She will be responsible for leading global product management and development functions for Fair Isaac's portfolio of decision management solutions.
Kerr joins Fair Isaac from HP, where she spent the past four years, most recently as chief technology officer of EDS, an HP company. She previously served as SVP-product delivery for Peregrine Systems, leading product marketing and management, R&D, shared technology, technology alliances, enablement and operations. Kerr began her career with NASA / Jet Propulsion Laboratory (JPL), where she served as a mission operations manager.
"Deborah is an outstanding technology executive with strong vision and a proven record of successful execution across all areas of product development," said Mark Greene, CEO of Fair Isaac. "Her breadth of experience beyond development, ranging from product strategy and marketing to P&L management and delivery, make her an ideal fit for this important role. I'm confident Deborah's expertise will help accelerate the realization of our vision of connected decisions through the delivery of next-generation Decision Management solutions."
"I'm excited to be joining Fair Isaac at a time when so many businesses are recognizing the power of analytics to drive profitable growth," said Kerr. "The decision management solutions that Fair Isaac provides for risk- and account management have never been more relevant. I look forward to playing a major role in delivering them to market."
About Fair Isaac Fair Isaac Corporation (NYSE:FIC) transforms business by making every decision count. Fair Isaac'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 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.
Statement Concerning Forward-Looking InformationExcept for historical information contained herein, the statements contained in this news release that relate to Fair Isaac 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 Fair Isaac's SEC reports, including its Annual Report on Form 10 K for the year ended September 30, 2008. If any of these risks or uncertainties materializes, Fair Isaac's results could differ materially from its expectations. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.
Fair Isaac is a registered trademark of Fair Isaac Corporation in the United States and in other countries.
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