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April 29, 2010
MINNEAPOLIS—April 29, 2010—FICO (NYSE: FICO), the leading provider of analytics and decision management technology, today announced the appointment of Matt Androski as Vice President for Sales in the Americas. Mr. Androski will lead the team that has full revenue responsibility for all industries and market segments in North, Central and South America, FICO’s largest markets. Mr. Androski comes to FICO with extensive experience selling complex software and services in multiple markets and industries. Prior to joining FICO he spent seven years with BEA Systems (now Oracle), most recently as Sales Vice President and General Manager for the Western Region. He previously held executive sales positions with Adobe, Microsoft and several early-stage companies, as well as running his own software-consulting firm, mSA International. "Matt is the ideal executive to lead our growth efforts in the US, Canada and Latin America," said Charles Ill, executive vice president, Sales & Marketing for FICO. "He brings a renewed sense of purpose to these markets, at a time when the economic recovery positions our scores and Decision Management solutions for accelerated growth. Matt’s experience with both top software firms and early-stage companies gives him the insight to understand our clients’ challenges and bring them solutions that produce measureable value.""This is a critical time for FICO’s clients across banking, insurance, health care and retail," said Mr. Androski. "FICO’s solutions go straight to these businesses’ top priorities, acquiring and retaining the best customers amid fierce competition, while profitably managing risk. We have a considerable opportunity to make a big impact, and I’m excited to be here for it.”About FICOFICO (NYSE:FICO) 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 www.myFICO.com website. FICO 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 initiative, 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, 2009, and its quarterly report on Form 10-Q for the period ended December 31, 2010. 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 is a trademark or registered trademark of Fair Isaac Corporation in the United States and other countries.
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