Magnum Communications to Distribute Fair Isaac's FICO Expansion Score

Release Documentation
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(Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE:FIC) and Magnum Communications, Limited today announced that Magnum will distribute Fair Isaac's FICO® Expansion® credit risk score to financial institutions.

FICO Expansion score assesses the credit risk of consumers who have minimal or no credit history on file by tapping non-traditional sources of consumer data not found at the national credit reporting agencies. By using FICO Expansion score for these consumers - including recent immigrants and young adults - businesses can make more financial services available to more people who have missed out on opportunities simply because they lack a traditional credit history.

"Through this strategic relationship with Fair Isaac, Magnum clients gain a new tool for making better decisions and confidently expanding into the traditionally credit-underserved market," said Carl Eikhoff, CEO for Magnum. "Lenders of all sizes can use Magnum's powerful technology solutions and services to easily tap into the widely respected FICO scoring services to make smarter credit risk decisions."

Under the agreement, lenders will use Magnum's robust credit data acquisition system, CREDICHECK IV, and a secure web interface to access the FICO Expansion score. The scoring data has been pre-mapped to Magnum's RapUp data analysis tool, enabling Magnum to bring the score online quickly for easy client implementation.

"Industry results show that the FICO Expansion score delivers the same highly predictive, objective risk evaluation for credit-underserved consumers that businesses have come to expect from the industry-standard FICO score," said Tom Quinn, vice president of Global Scoring for Fair Isaac. "Providing access to our score through Magnum, a highly respected value-add platform provider, helps lenders quickly and confidently incorporate FICO Expansion score into their current origination decision strategies."

FICO Expansion score aligns with Fair Isaac's industry-standard FICO score for quicker adoption by lenders and combined coverage of as many as 50 million more American consumers than can be addressed by any competing credit risk model. Lenders nationwide are using FICO Expansion scores today to better control their risk when extending credit opportunities to new consumers.

About Magnum Communications
Founded in 1976 as Magnum Communications, Limited, Magnum is a leader in credit data access, analysis and decision management. The company offers a wide variety of products and services that enable lenders to make informed, automated decisions regarding risk. Using Magnum's powerful tools, clients can easily access and retrieve relevant data from a broad range of U.S. and international consumer and commercial data sources. Magnum enables its clients to maximize the value of this data to control both scoring characteristics and decision criteria. For additional information about Magnum, please contact Ray Bridenbaugh at (770) 952-4940 or visit the company's Web site at

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 also helps millions of individuals manage their credit health through the website.

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 FICO® Expansion® score and the benefits to be derived from this offering, and the relationship described herein 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 unforeseen 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 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.

Fair Isaac, FICO, FICO Expansion, and myFICO are trademarks or registered trademarks of Fair Isaac Corporation, in the United States and/or in other countries. Other product and company names herein may be the trademarks of their respective owners.

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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