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May 2, 2006
As part of Fair Isaac's solutions and technologies for Enterprise Decision Management (EDM), Blaze Advisor 6.1 for .NET enables businesses to incorporate rules-based decisioning software that cooperates with and upgrades existing applications, regardless of platform or programming language. Microsoft and Fair Isaac customers will be able to leverage the Blaze Advisor system for the .NET environment to modernize existing systems and deploy new services to their enterprise systems.
"We're excited to see that Fair Isaac is furthering its support for Microsoft's platform technologies through the release of Blaze Advisor 6.1," said Tim O'Brien, group manager, Platform Strategy Group at Microsoft. "Blaze Advisor's support of .NET demonstrates Fair Isaac's commitment to meeting our customers' need for a more flexible application development platform."
Blaze Advisor 6.1 for .NET delivers the power of Rete III, Fair Isaac's exclusive rules execution technology that is optimized for data and rules-intensive problems. Combined with Blaze Advisor capabilities, Rete III provides a decision management engine that processes and executes complex, high-volume business rules faster and more efficiently than other rules management systems in both batch and interactive applications.
"Blaze Advisor for .NET offers unmatched performance, an enterprise-class repository, excellent support for business ownership and much more, all on the .NET Framework," said Carole-Ann Matignon, vice president of product management for Enterprise Decision Management technologies at Fair Isaac. "This release ensures that .NET customers have the business rules management system they need for their most demanding decisioning problems."
Fair Isaac and Microsoft are working together to provide institutions with new opportunities in renewing channels. Today, many banks, insurance companies and capital market firms are focusing on integration as well as updating a host of decentralized channels - such as the branch, storefront advisor, independent agent, call centers, the internet, interactive voice response, mobile banking and others - to achieve better cost base management and cross-channel consistency. Using the companies' complementary business rules and .NET technologies, institutions can create reusable business components when renewing any one channel, so that those components can be leveraged for renewing all channels. In addition, businesses can improve experiences by treating customers more consistently across channels, and by helping internal staff share and employ best practices for customer service across channels.
Blaze Advisor for .NET also offers COBOL and Java variants, further extending Fair Isaac's cross-platform development suite.
"Fair Isaac has the strongest multiplatform features," noted John R. Rymer, vice president at Forrester Research, in a report entitled "Fair Isaac Is the Deepest Business Rules Platform," published by Forrester Research, Inc. in January 2006. Developers can use the same rules language and modeling tools to generate applications for Java, .NET, and mainframes (in COBOL). Fair Isaac also offers a strong range of server deployment modes and can be deployed on a wide range of operating systems."
Fair Isaac's business rules technology can support many of Microsoft's platform technology programs. Microsoft's Managing Director of Worldwide Banking, David Vander, will address Microsoft's Channel Renewal focus in a presentation at Fair Isaac's InterACT conference, which runs through May 3 in San Francisco.
About Fair IsaacFair Isaac (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, including statements regarding its Fair Isaac Blaze Advisor version 6.1 for .NET product offering and the relationship described herein, and the benefits to be derived from this product offering, 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 offering, the risks that customers will not perceive material benefits from the offering, failure of the product to deliver the expected results, the possibility of errors or defects in the offering, 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, 2005, and its quarterly report on Form 10-Q for the period ended December 31, 2005. 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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