New Fair Isaac Enterprise Decision Manager provides powerful toolkit for building advanced, customized decision systems

Configurable Software Solution Allows Companies to Define, Control and Execute More Consistent and Precise Automated Decisions

MINNEAPOLIS, MN, July 19, 2004 -- Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, today announced the immediate availability of its Enterprise Decision Manager(TM) software solution. Enterprise Decision Manager gives organizations in multiple industries unprecedented control of their automated decisions and significantly reduces the time and costs required to incorporate important changes in business priorities into their decision systems.

Enterprise Decision Manager is the first software solution that combines industry-leading predictive analytics, business rules and business user control into a complete platform for managing decisions across an enterprise. It integrates proven Fair Isaac decision management tools -- such as Fair Isaac Blaze Advisor for rules management, Model Builder for model development and Decision Optimizer for improved decisions -- that have been successfully used by more than 250 organizations. Combined and extended, these tools provide any business that makes large numbers of dynamic, high-impact operational decisions with more complete capabilities for accelerating the development and deployment of decision management applications.

"With Enterprise Decision Manager, we have leveraged road-tested analytic software tools to give businesses a single, integrated product they can use to build their decision infrastructure and enhance their competitive advantage by consistently making the best decisions at the right time," said Tom Grudnowski, CEO of Fair Isaac. "It's the next step in our roadmap to empower businesses to build their own highly customized applications using the same tools that we use to develop the world's leading predictive models and decision management solutions."

Enterprise Decision Manager leverages a company's existing technology investments in data warehousing and business application systems to enable consistently smarter decisions fueled by Fair Isaac analytics. The software is available on a number of platforms ranging from Windows laptops to IBM Mainframes, while also available on all the leading J2EE application servers as well as Linux and .Net environments. Because the software is database independent, businesses also can leverage their Oracle, DB2 and SQL Server-based data stores.

In addition, Enterprise Decision Manager creates automated decisions that can be accessed by third-party business applications and by Fair Isaac Strategy Machine(TM) solutions. For example, Enterprise Decision Manager can be used in conjunction with Fair Isaac's leading customer and account management solution TRIAD(TM) adaptive control system to create custom automated decisions and improve the precision of existing decision areas through more advanced calculation of characteristics and scores.

"We designed Enterprise Decision Manager to help organizations realize increased revenues while minimizing costs and operational risk," said Lori Sherer, group vice president of Enterprise Decision Management at Fair Isaac. "Businesses in multiple industries can tap into our sophisticated predictive modeling capabilities to make important strategic decisions -- such as whether to accept a new customer, how to price a product, or how to effectively target marketing promotions -- and then ensure those strategies are quickly implemented and reflected in their automated decisions."

Enterprise Decision Manager makes many important decision functions easier, including the ability to view and manage complete decision processes from a single graphical interface. Users can flexibly combine rules, models, scores, strategy trees and other critical elements into decisioning applications. The software includes a wizard for importing predictive analytics from model development. There's no need for programmers to code the models, because at runtime the software automatically generates the code required to execute the model process in target operational environments, whether real-time or offline. In addition to importing the model algorithm, characteristics, weights and reason codes, it incorporates complete variable generation as well. After deployment, users can change decision components or sequence at any time, with changes immediately available to all business applications. The net effect is the ability to deploy predictive models four to 10 times faster than previously possible.

"Organizations require greater consistency in the way decisions are made," said Henry Morris, group vice president for applications and information access software research at IDC. "This is important for competitive reasons and, increasingly, regulatory compliance reasons. Companies must demonstrate that decisions are not arbitrary but rather that they follow established procedures. Fair Isaac is notable among analytic application providers in delivering high value in industry-specific, decision-centric applications. With its Enterprise Decision Manager platform, Fair Isaac is well-positioned to extend into new industries and new domains."

Businesses can take advantage of customized Fair Isaac services associated with Enterprise Decision Manager, which are designed to ensure customers receive optimal performance and value from their decision management technology investments. Fair Isaac offers a comprehensive six-step decision automation process that helps to identify a company's needs and design, develop, deploy and refine their automated decision systems. This process can apply to businesses in any industry, including financial services, insurance, healthcare, government and telecommunications.

About Fair Isaac

Fair Isaac Corporation (NYSE:FIC) is the preeminent provider of creative analytics that unlock value for people, businesses and industries. The company's predictive modeling, decision analysis, intelligence management, decision management systems and consulting services power billions of mission-critical customer decisions a year. Founded in 1956, Fair Isaac helps thousands of companies in over 60 countries acquire customers more efficiently, increase customer value, reduce fraud and credit losses, lower operating expenses and enter new markets more profitably. Most leading banks and credit card issuers rely on Fair Isaac solutions, as do insurers, retailers, telecommunications providers, healthcare organizations, and government agencies. 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

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 Enterprise Decision Manager offering and the benefits to be derived from this 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 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 on Form 10-K for the year ended September 30, 2003, and quarterly report on Form 10-Q for the period ended March 31, 2004. 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, Enterprise Decision Manager, Strategy Machine, TRIAD and FICO 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 trademarks of their respective owners.

Fair Isaac Corporation
Investors & Analysts:
Megan Forrester, 800-213-5542
Angela Carlson, 415-492-5373 

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