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FAIR, ISAAC: FAIR, ISAAC COMPLETES ACQUISITION OF DYNAMARK

 SAN RAFAEL, Calif., Jan. 4 /PRNewswire/ -- Fair, Isaac and Company Inc. (NASDAQ: FICI) has announced that it acquired the assets of DynaMark Inc. effective Dec. 31, 1992. Fair, Isaac is a leading developer of analytical products and services for consumer credit issuers and other industries. DynaMark, based near St. Paul, Minn., provides database management, data processing and personalized printing services for direct marketers. The transaction is valued at approximately $5.6 million plus an earnout based on DynaMark's performance during the three years beginning Jan. 1, 1993.
 DynaMark will retain its market identity and operate as a separate Fair, Isaac subsidiary. DynaMark founder and president Ken Rapp will continue in his present duties. Said Rapp, "Although Fair, Isaac and DynaMark will, for the most part, operate as separate companies, we believe there are exciting opportunities for joint product and service offerings."
 Larry Rosenberger, president and chief executive officer of Fair, Isaac, added, "The corporate cultures and values of DynaMark and Fair, Isaac are very compatible, and our technologies are very complementary. Working together will allow us to capitalize on many opportunities which neither company could pursue on its own."
 DynaMark was established in 1985 and is a leading provider of database management and data processing services to direct marketers. It has approximately 135 employees. For the 12 months ended Sept. 30, 1992, its income before taxes was $382,000 on revenues of approximately $8.6 million (unaudited).
 Estabished in 1956, Fair, Isaac is a pioneer and world leader in the development of statistically based decision tools and systems. It has about 350 employees in its San Rafael headquarters and branch offices in Delaware, Canada and Europe. In its 1992 fiscal year, it earned $3.92 million on revenues of $42.6 million.
 -0- 1/4/93
 /CONTACT: Peter L. McCorkell of Fair, Isaac, 415-472-2211; or James Schoeller of DynaMark, 612-486-1740/
 (FICI)


CO: Fair, Isaac and Company Inc.; DynaMark Inc. ST: California, Minnesota IN: CPR SU: TNM

TM-SG -- SF005 -- 1433 01/04/93 16:43 EST
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Publication:PR Newswire
Date:Jan 4, 1993
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