Fair Isaac and Lending Solutions, Inc. Team to Offer Lenders of All Sizes Access to Advanced Loan Origination Decisioning.

Business Editors/High-Tech Writers

MINNEAPOLIS--(BUSINESS WIRE)--June 9, 2004

Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, announced today that it has teamed with Lending Solutions, Inc., the leading provider of lending services and consulting programs for financial institutions across North America. The partnership enables lenders of all sizes to tap the power of Fair Isaac's advanced origination solutions for improved risk prediction and loan origination decisioning.

Under the agreement, Lending Solutions will access Fair Isaac's entire suite of application risk models via the company's LiquidCredit(R) decision engine, including predictive models for consumer, credit card, home equity, and indirect lending. Fair Isaac's pooled consumer models allow lenders to quickly and cost-effectively apply advanced analytics to their consumer loan underwriting processes and make more confident, consistent and accurate credit decisions.

"We are excited about the opportunity to provide our clients with the best analytics available today," said Lee Kolquist, president and CEO of Lending Solutions. "By providing the same modeling techniques that are available in many bank branches, Lending Solutions is now able to offer truly seamless support to our clients and allow them the ability to process applications 24 hours a day with no change in risk management ability."

As a 24/7 lending center operation for more than 400 financial institutions, Lending Solutions provides the conduit to retrieve credit scores and underwrite the loan on behalf of lending institutions. Due to the collective volume provided by the breadth of Lending Solutions' clients, smaller lenders will now be able to implement advanced analytics in a more cost-effective manner than previously possible.

"As a Fair Isaac partner, Lending Solutions is now equipped with the most powerful credit origination scoring models in the industry," said Roger Ahern, vice president of Global Origination Solutions at Fair Isaac. "By leveraging Fair Isaac's consumer origination models, lenders can complete a risk assessment quickly and maximize profitability by confidently approving more credit applications while maintaining or reducing current risk levels."

Developed specifically for use in credit origination decisions, Fair Isaac's pooled consumer origination models allow lenders to take advantage of proven risk assessment quickly, without expensive development costs. The models assess credit risk by evaluating credit application and consumer credit reporting agency data and rank-ordering applicants by score. LiquidCredit decision engine is a browser-based credit origination decisioning tool used by Fair Isaac partners and client lenders to enhance their own origination evaluation systems. By leveraging Fair Isaac decision and analytic technology, they can consistently and automatically make lending decisions that lead to improved business performance.

About Lending Solutions

Lending Solutions, Inc. (www.nlpc.com) has been a leader in providing lending center services and consulting programs for financial institutions across North America since it was founded in 1994 by Rex Johnson. Lending Solutions provides a wide range of delivery channels, application types, and system interfaces to make 24/7 lending easy, convenient, and completely seamless. Its National Loan Processing Center employs only highly-trained underwriters who make expert loan decisions that mirror the financial institutions' guidelines while offering live, back-end support around the clock.

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.

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 LiquidCredit decision engine offering and the relationship described herein, 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, 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.