FICO Expands European Fraud Leadership with Two Key Appointments

LONDON—October 27, 2010—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced that two leaders of the European fraud solutions market have joined FICO in Europe. Paul Eagles, who has worked extensively for both SAS and Visa Europe, has joined FICO’s fraud professional services team as a senior consultant, while Brian Kinch, most recently of Lloyds Banking Group, has joined FICO as a senior partner working with FICO’s global fraud clients. Both executives will be based in the UK.

Paul Eagles has extensive knowledge of the cards and retail banking industry, and most recently served as principal fraud consultant for SAS Institute. From 2000 to 2005, he worked for Visa Europe Ltd, first as a senior manager in product risk and due diligence and then as the head of product risk and fraud services. Eagles also worked for HNC Software Inc., the creator of the industry-leading FICO™ Falcon^® Fraud Manager solution for card account fraud; HNC merged with FICO in 2002.Prior to that, he spent 12 years at HSBC, both in fraud and in branch operations.

Brian Kinch has spent the last three years with Lloyds TSB and Lloyds Banking Group, initially designing and implementing the bank’s fraud management target operating model, and most recently as head of customer account fraud. From 2005-2007, he worked for FICO, and served as global fraud consulting director. He spent 2001-2005 with Visa Europe’s risk management group with specific responsibilities for driving reductions in both issuing and acquiring fraud across the region, and previously spent 15 years at HSBC Card Services.

“Banking leaders across Europe are prioritizing fraud prevention, and we’re building our fraud team in Europe with the best talent around,” said Mike Gordon, FICO managing director and vice president for Europe, the Middle East and Africa. “Paul Eagles and Brian Kinch know the fraud schemes, know the issues, know the technology and know our clients. They bring immeasurable insight and innovation to our fraud team and our clients’ challenges.”

“Brian Kinch and Paul Eagles are seasoned fraud managers in the European banking industry,” said Robert Littas, a senior fraud consultant who works with leading financial services providers in Europe. “FICO has added two top-quality fraud managers to its team with these two appointments.”

FICO is a leader in the global fraud solutions. More than 2 billion card accounts worldwide are protected by the FICO™ Falcon^® Fraud Manager system, the world’s leading card fraud system. In addition, the company offers fraud consultancy, custom fraud analytics and the FICO™ Card Alert Service, which helps banks protect themselves and their customers by identifying and flagging fraudulent ATM and debit card activity for 10,000 institutions in the US.

About FICO
FICO (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.

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 last quarterly report on Form 10-Q for the period ended June 30, 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.

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