FICO Awarded Seven Patents for Predictive Analytics and Decision Management Technology

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MINNEAPOLIS – September 6, 2012 – FICO (NYSE: FICO), the leading provider of analytics and decision management technology, today announced that it has been awarded seven patents by the U.S. Patent and Trademark Office, bringing its patent portfolio to 128 U.S. and foreign patents. These patents were awarded to FICO Labs team members for inventions underlying FICO’s industry-leading predictive analytics for healthcare insurance fraud detection, decision management and credit scoring.

“The next five years will be the growth years for Big Data analytics,” said Dr. Andrew Jennings, chief analytics officer at FICO and head of FICO Labs. “Since 1990, FICO’s research has been a catalyst for analytic innovation worldwide, and the continued growth in our patent portfolio underscores the deep reservoir of potential in our business. The ingenuity of the team at FICO Labs is laying the foundation for years of exciting advances in predictive analytics."

Two of the patents relate to FICO® Insurance Fraud Manager, which detects fraud, waste and abuse in healthcare claims before payment, and identifies suspicious providers as soon as aberrant behavior patterns emerge. These patents cover a method for performing a data-driven grouping of medical procedure codes, which can be used to catch systematic fraud, and techniques for detecting potential fraudulent healthcare insurance claims.

Four of the seven patents were for inventions used in FICO’s decision management tools, sophisticated software for business rules management, model development and decision optimization. These patents included innovations in the construction, review, and comparison of decision logic with graphs and related user interfaces, and rules-based mechanisms to facilitate or implement an application or business process used within FICO® Blaze Advisor® business rules management system.

Additionally, FICO was awarded a patent for an invention related to the FICO® Score, the standard measure of consumer credit risk in the United States. The invention helps determine the conditions in credit scoring in which additional information is needed.

FICO has 95 other patent applications pending in the United States and other countries.

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 FICO: Make every decision count™.

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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, 2011 and its last quarterly report on Form 10-Q for the period ended June 30, 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.
FICO, Insurance Fraud Manager, Blaze Advisor, and “Make every decision count” are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.

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