Fair Isaac's Blaze Advisor Wins IDG's InfoWorld Award for Best Business Rules Management System.Latest Version of Industry-Standard Rules Engine Recognized for Exemplary Speed and Agility in Business Rules Processing MINNEAPOLIS -- Fair Isaac Fair Isaac Corporation (NYSE: FIC), founded in 1956 by engineer Bill Fair and mathematician Earl Isaac, provides consulting services and enterprise decision management systems. Corporation (NYSE NYSE See: New York Stock Exchange :FIC FIC First International Computer FIC Fogarty International Center (John E. Fogarty International Center for Advanced Study in the Health Sciences; National Institutes of Health) FIC Fellowship for Intentional Community ), the leading provider of analytics and decision management technology, announced today that IDG's InfoWorld, the leading integrated media brand for strategic technology decision-makers, has honored Fair Isaac with the 2007 Technology of the Year Award for Best Business Rules Management System (BRMS BRMS Business Rule Management Systems BRMS Backup and Recovery Media Service BRMS Backup Recovery and Media Services ). Fair Isaac's Blaze Advisor A system for adding rules-based processing into an application from Fair Isaac Corporation, Minneapolis, MN, (www.fairisaac.com). Blaze Advisor is a Java-based rules engine that enables Windows, Solaris and OS/390 applications to be more easily revised by making changes in the rules [TM] business rules management system is an industry-leading software package that allows design, deployment, execution and maintenance of business rules and policies as part of an automated business application, helping businesses reach new levels of agility in an increasingly complex, competitive and regulated global economy. InfoWorld's annual Technology of the Year Awards recognize the top technologies that made the greatest impact on enterprise IT strategies during the past year. They also identify the products that best exemplify the implementation of those technologies. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the InfoWorld Test Center analysts and editors, "Blaze Advisor has always been one of the most friendly of the BRMS tools to business users, providing pleasant graphical development environments and understandable rule flow charts, decision tables, rules trees, and object models. Version 6.1, thanks to the incorporation of Rete III, now moves Blaze into the front of the pack in performance." Fair Isaac's Blaze Advisor system gives business analysts policy control of implementing new legislation, while its flexible standards-based architecture simplifies development efforts by seamlessly integrating with existing systems and data. The latest release of Blaze Advisor includes the advanced Rete III inference engine The processing program in an expert system. It derives a conclusion from the facts and rules contained in the knowledge base using various artificial intelligence techniques. inference engine - A program that infers new facts from known facts using inference rules. for best-in-class performance within complex, enterprise-class deployments and powerful rules management capabilities. "InfoWorld's recognition of Blaze Advisor as the top enterprise business rules management system is a testament to an increasing appreciation for the system's unique capabilities and the measurable business benefits it delivers," said Carole-Ann Matignon, vice president of product management, Enterprise Decision Management Technologies at Fair Isaac. "More businesses are realizing the value of a more sophisticated, enterprise-level approach to their critical decision processes, and Blaze Advisor provides a strong foundation for a decision management approach that drives improved efficiency and greater profitability." Blaze Advisor 6.1 is part of Fair Isaac's software and solutions for Enterprise Decision Management, which combines data analytics, modeling, and policy-level control to let companies define and manage their automated business systems with increased agility, consistency and precision. With a centralized enterprise repository for business rules, powerful query and update tools, multi-platform and multi-lingual support, and documented best practices, Blaze Advisor gives organizations a clear process for quickly replicating their decision strategies across business systems to improve business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . Fair Isaac also was recently recognized by leading analyst firm IDC as the worldwide revenue leader in the Business Rules Management Systems software market ("Worldwide Business Rules Management Systems Software 2006-2010 Forecast and 2005 Vendor Shares," IDC #203627, September 2006). Blaze Advisor is used by many of the world's leading companies. It is the first rules engine to support Java, .NET and COBOL COBOL: see programming language. COBOL in full Common Business-Oriented Language. High-level computer programming language, one of the first widely used languages and for many years the most popular language in the business community. deployment of the same rules. The multi-platform solution supports Web Services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. and SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. , Java 2 Enterprise Edition (J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. ) platforms, Microsoft .NET See .NET. , and COBOL for z/OS mainframes. Complete details on InfoWorld's 2007 Technology of the Year Awards can be found at http://www.infoworld.com/4841 and the January 1 print edition of InfoWorld. About Fair Isaac Fair Isaac (NYSE:FIC) makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Founded in 1956, Fair Isaac powers hundreds of billions of decisions per year in financial services, insurance, telecommunications, retail, consumer branded goods, healthcare and the public sector. Fair Isaac also helps millions of individuals manage their credit health through the www.myfico.com website. Visit Fair Isaac online at www.fairisaac.com. 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 Blaze Advisor business rules management system, and the benefits to be derived from this offering, are forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 offerings, 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended September 30, 2006. 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 and Blaze Advisor 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. |
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