FICO 8 Credit Score Available at All Three National Credit Reporting Agencies

Customer Development
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MINNEAPOLIS—July 22, 2009—FICO (NYSE:FIC), the leading provider of analytics and decision management technology, today announced that its FICO® 8 credit score will be available at all three national credit reporting agencies by the end of July. FICO noted that since the first credit reporting agency introduced the FICO 8 score early this year, over 400 lenders have begun using or testing FICO 8 scores, including five of the seven largest U.S. banks and four of the five largest credit card issuers.

FICO 8 scores are expected to provide up to twice the improvement in predictive power compared to FICO’s previous revisions to its FICO® scoring model. This improvement will increase the ability of lenders to reduce losses within current portfolios and to acquire more profitable new customers. The strongest improvements in risk prediction over current FICO scores are achieved in key consumer segments such as those opening new accounts or having prior derogatory information. In addition, this newest generation of FICO scores includes refinements to help lenders better evaluate consumers who are comparatively new to credit.

“Now the way is clear for lenders to upgrade and benefit from the improvements made to our newest version of the FICO Score” said Robert Duque-Ribeiro, vice president and general manager of Scoring for FICO. “Independent of which credit reporting agencies a lender works with, it will find in the FICO 8 score the superior quality in rank-ordering of risk and consistent scaling across the three agencies that have helped make the FICO score the industry standard in credit risk management. With this new version, lenders will benefit from the FICO 8 score’s increased predictive power to be able to make better decisions across the lifecycle. We encourage lenders to adopt the new score as soon as possible, and we have designed it to make their upgrade easy, with minimal operational adjustments required.”

To streamline lenders’ conversion to the FICO 8 score, the new model retains the same 300-850® scoring range, score reason codes, minimum scoring criteria, and inquiry treatment as previous versions of the score. In addition, FICO 8 helps lenders protect against authorized-user account ‘piggybacking’ by incorporating new patent-pending technology that materially reduces the potential score impact associated with the abuse of authorized user accounts. By considering authorized user accounts in score calculations, FICO 8 continues to support lenders’ abilities to comply with federal regulations. (This information is not intended to be legal advice; lenders are encouraged to check with their own legal counsel to determine how best to meet regulatory compliance requirements.)

Since its introduction 20 years ago, the FICO score has became the global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. Today FICO scores are in use at more than 90 of the 100 largest U.S. financial service institutions. To meet global demand, the FICO score is available to lenders in 20 countries on five continents.

Businesses seeking more information about the FICO 08 credit score are welcome to direct inquiries to

About FICO

FICO (NYSE:FIC) 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 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 quarterly report on Form 10-Q for the period ended March 31, 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 and 300-850 are trademarks or registered trademarks of FICO, in the United States and/or in other countries. Other product and company names herein may be trademarks or registered trademarks of their respective owners.

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