Global FICO Score to Set New Credit Risk Scoring Standard in India

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(Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced a ground-breaking alliance with High Mark Credit Information Services of India to introduce Fair Isaac's global-standard FICO® credit risk scoring technology to Indian lenders.

The flexible design of Global FICO® Score will enable High Mark to mitigate challenges in the rapidly evolving Indian marketplace that today hamper empirical developments of credit bureau scores. Global FICO Score is a scalable solution for both mature and emerging credit markets where the volume and depth of credit bureau data are evolving at an accelerated rate. As India's credit reporting system expands, Fair Isaac will leverage that growth in future versions of Global FICO Score to continue offering maximum risk assessment power to High Mark's members.

"By bringing together the cutting-edge technology of High Mark, India's newest credit bureau, with our own deep analytic experience and innovation, this alliance will create the breakthrough risk management solutions that Indian lenders need for rapid growth," said Lisa Nelson, vice president of Global Scoring for Fair Isaac. "Fair Isaac scientists designed Global FICO Score for quick implementation in new markets. That makes it an ideal solution for Indian lenders at this stage in their market's rapid evolution. Working with High Mark, we expect to set the standard for credit risk assessment in India for many years to come."

Lenders will be able to use Global FICO® Score at all stages in the consumer credit lifecycle to improve decisions throughout the lending process, from account acquisition and account origination to full portfolio management.

"High Mark's new Global FICO Score will make optimal use of Indian consumer credit data using Fair Isaac technology tailored for our nation's credit industry," said Dr. Anil M. Pandya, Executive Chairman of High Mark Credit Information Services, which is awaiting its certificate of operation from the Reserve Bank of India. "Such a powerful tool, along with training and consulting support from Fair Isaac's experts, will help our members to significantly sharpen their evaluation of consumer risk, streamline their decision processes, and increase their profitability. We have seen rapid development by many Indian lenders who now have sophisticated analytical and decision-making capabilities. Global FICO Score will enhance their existing toolsets with unique technology, allowing them to take their risk management capabilities to an even higher level."

Global FICO® Score also may assist Indian lenders to meet their Basel II and other regulatory compliance requirements. The scores are complementary to custom application and behavior models and can be used alongside internal scores at all stages in the credit lifecycle.

This is Fair Isaac's third alliance with a credit bureau partner in Asia. The company previously announced agreements with DP Information Group based in Singapore and with Korea Credit Bureau based in the Republic of Korea. In addition, Asian lenders are using Global FICO® score in Taiwan and Thailand. In Europe and the Middle East, Fair Isaac's score has been implemented in Poland, Saudi Arabia, Sweden and Turkey. In Latin America, lenders in Brazil, Mexico, Peru and Panama are adding Global FICO® score to their risk management operations. The score also is currently being evaluated by other institutions across Europe, the Middle East, Africa, Asia-Pacific, and Latin America.

Fair Isaac's Global FICO® Score applies the company's industry-standard FICO® credit risk scoring technology to rank-order consumers according to their credit risk. Designed to be consistently scaled across credit bureaus and across national borders, the score has established a global standard for consumer credit risk assessment. The Fair Isaac technology underlying the scoring model enables rapid deployment in any country with credit bureau data.

About High Mark Credit Information Services
High Mark brings a new-generation technology platform to the Indian market to help financial institutions make better credit decisions. It is a young, entrepreneurial, dynamic, customer-focused, professionally managed company, set up to provide the best-in-class advanced risk-management solutions. Using superior data management and data mining architecture and technology, High Mark will help its membership increase their asset productivity and improve regulatory compliance. Its customers will make fast and effective credit decisions, deter concurrent borrowers, spot defaulters early, and detect fraud. Borrowers will better manage their credit and negotiate lower interest rates. High Mark has assembled a world-class team of exceptionally qualified, highly experienced professionals who are busy with project launch activities from their corporate office in Mumbai, while awaiting its Reserve Bank of India license.

About Fair Isaac
Fair Isaac Corporation (NYSE:FIC) combines trusted advice, world-class analytics and innovative applications to help businesses make smarter decisions. Fair Isaac's solutions and technologies for Enterprise Decision Management turn strategy into action and elevate business performance by giving organizations the power to automate more decisions, improve the quality of their decisions, and connect decisions across their business. Clients in 80 countries work with Fair Isaac to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share.

Fair Isaac Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its Global FICO® score, and the relationship described herein, and the benefits to be derived from the offering, 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 any unforseen technical difficulties related to the implementation, use and functionality of the offering, the risks that customers will not perceive material benefits from the offering, failure of the product to deliver the expected results, the possibility of errors or defects in the offering, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2007. Forward-looking statements should be considered with caution. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Fair Isaac's results could differ materially from Fair Isaac's expectations in these statements. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.

Media contacts


Katie O’Connell
+1 510-621-9832

Europe, Middle East & Africa

Darcy Sullivan
+44 (0) 7808-777-339

Asia Pacific

Saxon Shirley
+65 6422-7795

Latin America

Marisa Arribas
+1 786 482 7231

América Latina

Milla Delfino
+55 11 97673-6583

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