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March 12, 2010
BEIJING—March 12, 2010—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced the addition of three top analytic scientists to its Greater China Analytic Services team.
These individuals – Robert Tsou, Jenny Liu and Li Li – have joined FICO from Experian, where they led and managed consulting services for the Asia Pacific, Japan and China regions. Their arrival boosts FICO’s already strong capabilities in the region, which are increasingly in demand as Chinese banks race to implement analytics tools and applications ahead of competitors.
“Our clients come to us not only for the world’s best analytics tools and applications, but also for the depth of our industry expertise,” said Cliff Wu, managing director for FICO Greater China. “Our Analytic Services team enables us to reduce implementation times and boost the impact of FICO solutions – ultimately giving our clients an important competitive advantage.”
“These talented scientists bring exceptionally rare, high-quality experience in the banking, insurance and retail industries,” said Richard Stewart, senior vice president for professional services at FICO. “Their choice to be at FICO is very good news for our clients, and validation of our growing stature in China.”
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. 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, 2009. 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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