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Fair Isaac's Blaze Advisor 6.5 Offers Greater Agility Throughout the Business Rules Lifecycle.


Latest Version of Market-Leading Business Rules Engine Offers Improved Support for Managing Rules and Analytics from Development Through Deployment

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, today announced the release and immediate availability of version 6.5 of 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, a core offering in Fair Isaac's roster of technologies for Enterprise Decision Management (EDM (Engineering Data Management) An information system that maintains the details of all engineering data while the product is in the design and concept phase. This includes geometry and changes to geometry. See PLM.

EDM - Electronic Data Management
). Designed to help organizations increase the precision, consistency and agility of their critical, high-volume decisions, Blaze Advisor 6.5 software provides businesses with enhanced support for managing rules and analytics from development through deployment.

Industry-leading Blaze Advisor software allows non-programmers to design, deploy, execute and maintain business rules and policies as part of an automated business application. The software incorporates 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.
 that helps organizations manage large amounts of data and execute rules faster and more efficiently than other rules management systems.

Blaze Advisor 6.5 integrates new features to help business users better verify and validate the completeness and consistency of rules across the rules lifecycle, significantly increasing the accuracy and reliability of the inferencing process.

According to Stephen D. Hendrick, group vice president for industry analyst firm IDC's Application Development and Deployment research group, "The business rule management systems market is poised for rapid growth due to the compelling value proposition of inferencing." While inference engines provide a high level of flexibility, "the reliability of the inferencing process is a function of how complete and consistent the business rules are. Most vendors provide few or no capabilities to verify and validate the completeness, consistency and coherence of the business rules" ("Business Rule Management Systems: Addressing Referential Rule Integrity," IDC #201262, April 2006).

New capabilities include enhanced verification of rules and procedural logic, such as user-defined functions to identify gaps and overlaps. Users also can validate rules through regression testing against expected values. The publication process including these verification and validation Verification and Validation (V&V) is the process of checking that a product, service, or system meets specifications and that it fulfills its intended purpose. These are critical components of a quality management system such as ISO 9000.  steps as well as stakeholders' approval is managed by Blaze Advisor 6.5 in the new Rules Lifecycle service. Projects can be promoted from development to production according to documented and automated processes.

In addition, version 6.5 features tight integration with Model Builder for Predictive Analytics 3.5, Fair Isaac's software platform for developing and deploying predictive models. The integration allows for greater transparency and enables the swift and flexible movement of models from data analysis into effective decision management via Blaze Advisor's enhanced Predictive Model Markup Language The Data Mining Group (DMG) is an independent, vendor-led group which develops data mining standards, such as the Predictive Model Markup Language (PMML).

PMML is an XML-based language which provides a way for applications to define statistical and data mining models
 (PMML PMML Predictive Modeling Markup Language
PMML Predictive Mining Markup Language (Oracle)
PMML Predictive Model Markup Language
) import capabilities. PMML is the most widely deployed data-mining standard for describing statistical transformations and predictive models.

A scorecard, regression or neural network model built in Model Builder can be directly deployed within Blaze Advisor rules flows without recoding Noun 1. recoding - converting from one code to another
coding, steganography, cryptography, secret writing - act of writing in code or cipher
. Any authorized business user can apply analytics as an essential decision element that can be seen, easily modified and combined with other decision elements prior to execution, in a single process.

"Blaze Advisor 6.5 integrates innovative and industry-proven capabilities that further improve our clients' critical, high-volume decisions," said Carole-Ann Matignon, vice president of Enterprise Decision Management Technologies at Fair Isaac. "From comprehensive support for moving business rules from development to production, to helping businesses manage predictive models as part of their rules repository, this latest version is designed to turn companies into truly agile organizations that can intelligently adapt operational decisions to the ever-changing demands of their business."

Companies in many industries and countries rely on Fair Isaac's Blaze Advisor to support some of their most complex business applications. The software 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 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, and COBOL for z/OS mainframes.

About Fair Isaac

Fair Isaac Corporation (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/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 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 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 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, and its quarterly report on Form 10-Q Form 10-Q

See 10-Q.
 for the period ended December 31, 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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:Apr 5, 2007
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