MINNEAPOLIS, MN, Oct. 28, 2004 -- Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, today announced the release of Capstone(R) Decision Accelerator, the first of a series of account origination support solutions built upon Fair Isaac's advanced Enterprise Decision Manager(TM) platform.

Specifically designed for new account originations, Capstone Decision Accelerator is ideal for building and maintaining the policies, practices and procedures that define the complex business strategies found in the originations process. Capstone Decision Accelerator leverages the power of Fair Isaac Blaze Advisor to provide companies with proven rules management technology that supports the entire process for designing, building and maintaining rules-based decision applications.

"Capstone Decision Accelerator is a highly flexible and customizable solution that we believe will expand our impact in the originations market," said Roger Ahern, vice president of Enterprise Origination Solutions at Fair Isaac. "Building on the success of both our Capstone Decision Manager and LiquidCredit origination solutions, Fair Isaac's movement towards a widely used platform provides us with the ability to tie together diverse lines of business and various technologies to deliver the industry's most robust origination capabilities."

Fair Isaac's origination solutions help financial institutions, telecom carriers and insurance companies efficiently target and obtain valuable customers while shortening decision cycles and reducing application processing costs. Capstone Decision Accelerator offers state-of-the-art, multi-platform services that can augment or replace current processes, depending on business needs.

The solution includes a Strategy Management Workstation which allows a business user to develop originations strategies by creating and maintaining lending products, rule sets, decision trees and tables. Combined, these components allow credit grantors to realize greater profitability by booking more loans, cutting losses and reducing operational costs and delays through the deployment of consistent strategies and leading predictive analytics.

"Lenders have begun to adopt a holistic approach to originations, in which the loan's genesis is seen as part of a life cycle, rather than as a standalone business process," said Theodore Iacobuzio, vice president of research at TowerGroup. "As a result, lenders are also looking for an integrated approach to origination technology -- an approach that includes decisioning as well as data and that seeks to significantly reduce the time and costs required to incorporate important changes in business priorities into the lenders' decision systems."

Today's announcement is in conjunction with the introduction of Fair Isaac's Enterprise Origination Solutions (EOS) Group. Capstone Decision Accelerator, a core component of Fair Isaac's Enterprise Origination Solutions, is the first of several new origination software versions that will be introduced by Fair Isaac over the next year. Enterprise Origination Solutions is focused on the delivery of the software, analytics and professional services throughout the originations space. It provides an overarching view to the market with respect to the integration of these three areas, while tapping into the power of Fair Isaac's Enterprise Decision Manager platform.

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. The solution integrates proven Fair Isaac decision management tools -- Fair Isaac Blaze Advisor for rules management, Model Builder for model development and Decision Optimizer for improved decisions. It provides any business that makes dynamic, high-impact operational decisions with more complete capabilities for accelerating the development and deployment of decision management applications.

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 www.myfico.com 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 www.fairisaac.com/edm.

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 new Capstone Decision Accelerator product 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 June 30, 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, Capstone, Enterprise Decision Manager, LiquidCredit 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 the trademarks of their respective owners.

Fair Isaac Corporation
Megan Forrester, 800-213-5542 (Investors/Analysts)
John Emerick, 800-213-5542 (Investors/Analysts)
investor@fairisaac.com
Angela Carlson, 415-492-5373 (Media)
acarlson@fairisaac.com