FICO Acquires Infoglide, a Leading Provider of Entity Resolution and Social Network Analysis

SAN JOSE, Calif. —April 1, 2013 — FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced it has acquired Infoglide Software, a leading provider of entity resolution and social network analysis solutions, used primarily to improve fraud detection, security and compliance. The transaction is closed.

Infoglide’s solutions expedite fraud investigations and will further differentiate FICO’s industry-leading fraud solutions in banking, insurance, retail and healthcare, as well as enabling FICO analytics to be applied to fraud, security and compliance challenges across multiple industries, including telecommunications and cyber-security.

Established in 1996 and headquartered in Austin, Texas, Infoglide is a privately held company with clients in the banking, insurance, government, retail and healthcare industries, including the U.S. Department of Homeland Security, JP Morgan Chase, Citi and the U.S. Transportation Security Administration (TSA). Infoglide has been a close partner of FICO, and the Infoglide Identity Resolution Engine (IRE) is already integrated with FICO fraud management applications, including FICO^® Insurance Fraud Manager.

“Infoglide’s technology is the best at finding suspicious information in an insurance claim or financial transaction, then making links with other transactions to expose otherwise invisible patterns,” said Will Lansing, FICO CEO. “We chose Infoglide because it brings to our fraud analytics three important and distinctive capabilities: entity resolution, link discovery and network visualization. These capabilities will be fully integrated with FICO’s advanced predictive models and flexible business rules to give all of our clients – and every legitimate customer of theirs – the best possible protection. With this acquisition, we also gain a strong foothold in the government sector for our integrated fraud management solutions, and can extend our advanced analytics into the areas of network risk assessment, security and compliance.”

“No company compares with FICO for sophisticated fraud detection,” said Mike Shultz, president and CEO of Infoglide Software. “Like FICO, we invested in innovation and we have more than 20 patents on our technology to prove it. Our partnership over the last two years has been an excellent trial run that demonstrated the value clients place on our combined offerings.”

Infoglide offers an advanced identity resolution and social network analysis software package that enables users to understand the relationships between their organization, customers, events, and third-party actors. The IRE solution enables an organization to perform real-time searches across their enterprise data to find, match, and link similar entities and uncover hidden relationship between people, places and things. The IRE can intelligently search across disparate data sources and receive very accurate results, without moving, cleaning or normalizing the data. The Infoglide technology has the industry’s most advanced identity resolution/fuzzy matching logic with powerful ‘false positive/negative’ tuning. This enables FICO solutions to identify non-obvious relationships between entities, and assess the collective risk of associated individuals, devices, transactions and events.

Banks, insurance companies and government agencies use this technology to expose money laundering schemes, uncover criminal rings, detect insider fraud, enhance securing screening processes, understand and uncover terrorist networks, and investigate crime. For example, if an insurance claim looks suspicious, Infoglide software searches for matching phone numbers or addresses in other databases to find connections that may indicate a fraud ring. One client, the Maryland Automobile Insurance Fund, reported that it would take investigators almost 30 days to pull together all the paper files they needed to connect information on a possibly fraudulent claim. After the implementation of Infoglide IRE, they now connect this information the same day, and start investigating the most suspicious cases immediately.

The Infoglide acquisition further extends FICO’s leadership in enterprise fraud management. The company’s solutions include FICO^® Falcon^® Fraud Manager, which protects more than 2.5 billion payment accounts worldwide; FICO^® Insurance Fraud Manager and FICO^® Application Fraud Manager. FICO was recently awarded “best-in-class” status by CEB TowerGroup for card fraud and enterprise fraud management, and named a leader in the Q2 2013 report The Forrester Wave™: Enterprise Fraud Management.

For more information, visit www.fico.com/infoglide.

About FICO
FICO (NYSE:FICO) delivers superior predictive analytics solutions that drive smarter decisions. The company’s groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO’s innovative solutions include the FICO^® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world’s top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. FICO also helps millions of individuals manage their personal credit health through www.myFICO.com. FICO: Make every decision count™.

For FICO news and media resources, visit www.fico.com/news.

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, 2012 and its last quarterly report on Form 10-Q for the period ended December 31, 2012. 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.

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