IBM Selects Fair, Isaac Decision System to Power Its New Global Credit Solution

IBM Global Financing (IGF) intends to deploy the solution to support IBM's global credit operations. Decision System, one of Fair, Isaac's Strategy Machine(TM) solutions, will be a component powering IBM's credit origination and credit review decisions.

"We are very pleased that IBM has chosen Fair, Isaac's Decision System as the best-of-breed strategy engine to support its Global Credit Solution," said Fair, Isaac CEO Tom Grudnowski. "I believe that our experience in analytics and business lending enabled us to demonstrate clearly to IBM that we understand their unique issues and have proprietary technologies that can address these challenges on a worldwide basis. As a result, I believe that we can and will provide real value to IBM in its credit management process throughout the world," he said.

IBM plans to use Decision System to implement analytics and automate the company's business policies, procedures and rules for financing activities in the markets where it does business. Decision System provides IBM with the flexibility to design their business rules once, deploy them in a phased geographical rollout, and easily manage them across the regions served by its Global Credit Solution.

John Palermo, director of IGF Global Financial Systems, said, "The integration of Fair, Isaac's Decision System into the IGF strategic solution is part of the many investments we have made to improve our customer satisfaction and operational efficiencies."

First introduced in early 2001, Fair, Isaac Decision System allows businesses in any industry to deploy, manage and improve their unique customer relationship strategies across product lines, delivery channels and software platforms. Users can quickly design and implement analytically driven decision engines that can be executed in real time to consistently, accurately and automatically make complex business decisions that lead to improved business performance.

Currently, more than 20 clients in the financial services, insurance and retail industries use Fair, Isaac Decision System, which is available as client/server end-user software and in ASP mode. Decision engines created using Decision System can be deployed across the enterprise, on mainframe, AS/400, Unix and Windows 2000 platforms. In this way, an enterprise can house their business strategies in a common architecture regardless of target applications or execution environments. Decision System is also embedded in a range of Fair, Isaac's business solutions, including the latest release of TRIAD(TM) adaptive control system, ClickPremium(TM) system, LiquidCredit(R) service and myFICO(SM) service.

About Fair, Isaac

Fair, Isaac and Company is the preeminent provider of creative analytics that unlock value for people, businesses and industries. The company's predictive modeling, decision analysis, intelligence management and decision engine systems power more than 14 billion decisions a year. Founded in 1956, Fair, Isaac helps thousands of companies in over 60 countries acquire customers more efficiently, increase customer value, reduce risk and credit losses, lower operating expenses and enter new markets more profitably. Most leading banks and credit card issuers rely on Fair, Isaac's analytic solutions, as do insurers, retailers, telecommunications providers and other customer-oriented companies. Through the Web site, consumers use the company's FICO(R) scores, the standard measure of credit risk, to manage their financial health. For more information, visit wwwfairisaac.com.

About IBM Global Financing

As the largest information technology financier in the world, IBM Global Financing offers customers in more than 40 countries leasing and financing solutions for hardware, software and services acquired from IBM and other vendors. With more than $46 billion in annual financing originations in 2000, IBM Global Financing also provides flexible commercial financing for inventory, accounts receivable and other working capital requirements. In the United States, IBM Global Financing customers are served by IBM Credit Corporation. The final financing rate that a customer receives depends on the customer's credit rating and the term of the lease, among other factors. More information can be found at www.ibm.com/financing.

Except for historical information contained herein, the statements contained in this press release 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 company's ability to derive expected revenues from new contracts, recruit and retain key technical and managerial personnel, the maintenance of its existing relationships with key alliance partners, its ability to continue to develop new and enhanced products and services, competition, 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, 2001. Fair, Isaac disclaims any intent or obligation to update these forward-looking statements.

Note to Editors: Fair, Isaac, Fair, Isaac Decision System, Strategy Machine, TRIAD, ClickPremium, LiquidCredit, myFICO and FICO are trademarks or registered trademarks of Fair, Isaac and Company, Inc., in the United States and/or in other countries. Other product or company names herein may be the trademarks or registered trademarks of their respective owners.

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