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August 16, 2006
Based in Fair Isaac's Singapore office, Mr. Pook will be responsible for leading the development and execution of Fair Isaac's strategic growth initiatives in Asia-Pacific, including Australia, New Zealand, China, Taiwan, India, Malaysia, Singapore, Indonesia, Korea, and the Philippines. He also will be responsible for establishing and growing successful relationships with the company's local clients and strategic partners, as well as leading all aspects of the company's operations and staff based in the region.
"Asia-Pacific and other emerging markets around the world continue to offer tremendous opportunities for Fair Isaac," said Paul Perleberg, general manager of international operations at Fair Isaac. "Mr. Pook's proven track record for implementing go-to-market strategies while managing a company's rapid rate of growth in the Asia-Pacific region will be critical assets as we continue to expand our direct presence and impact of our enterprise decision management technologies in this strategically important market."
Mr. Pook has over 20 years of technology industry experience in Asia-Pacific. Prior to joining Fair Isaac, Mr. Pook served as vice president for Business Objects in Singapore and Shanghai, where he led the development and execution of the company's strategic growth plan in Asia-Pacific, and subsequently with focus on the Greater China area. Mr. Pook also served in leadership positions for Onyx Software, NetFrame Systems and Texas Instruments in Asia-Pacific. He holds graduate diplomas in financial management and marketing management from the Singapore Institute of Management and a Bachelor of Science degree in computer science and mathematics from the National University of Singapore.
"I am very much looking forward to helping Fair Isaac identify and capitalize on growth opportunities in this critical market," said Mr. Pook. "Demand for the world's most advanced analytic and decision management technologies is growing rapidly among Asia-Pacific's leading financial institutions, and the time is clearly right to bring the value of our EDM technology and solutions closer to existing and new customers there."
Fair Isaac and its distributors have been serving the Asia-Pacific region for many years, providing advanced analytics and decision management technology to more than 50 clients in the financial services, telecommunications and other industries across 13 countries.
About Fair IsaacFair Isaac Corporation (NYSE:FIC) makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Founded in 1956, Fair Isaac powers hundreds of billions of decisions per year in financial services, insurance, telecommunications, retail, consumer branded goods, healthcare and the public sector. 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 press release that relate to Fair Isaac and 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 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, 2005, and quarterly report on Form 10-Q for the period ended June 30, 2006. 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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