SIGECOM Selects Fair Isaac Telecom Application Decisioning Solutions to Cut Fraud and Credit Risk.

Business Editors/High-Tech Writers

SAN RAFAEL, Calif.--(BUSINESS WIRE)--Oct. 17, 2003

Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, today announced that communications provider SIGECOM, LLC has selected its industry-proven application decisioning solutions to reduce credit and fraud risk during the customer acquisition process.

SIGECOM, an Evansville, Ind.-based fiber-optic network provider serving residential and business customers in Southern Indiana, will implement a pre-integrated solution that combines the advanced analytics of Fair Isaac's LiquidCredit(R) service for Telecom and identity theft solutions with the capabilities of COMX(TM), an operations support and billing solution provided by Telution, Inc. Telution, an operations support systems (OSS) provider for the communications and cable industries, has formed an integration and distribution partnership with Fair Isaac that allows Telution customers to leverage Fair Isaac's analytic capabilities and streamline the application decisioning process while managing fraud and credit risk for both consumer and commercial applicants.

"Fair Isaac's application decision technology gives us a unique ability to improve our level of efficiency by making more consistent and profitable decisions," said Gaylene Mount, Credit and Collections Manager at SIGECOM. "The combination of their LiquidCredit and identity theft solutions allows us to leverage advanced analytics to accurately decision and price each offer, avoid booking fraudulent accounts and reduce our fraud verification costs, which will translate into significant savings for us and better value for our customers."

SIGECOM will utilize LiquidCredit technology to connect to consumer credit bureaus and perform credit decisioning on new service applicants. The Web-based application decisioning service verifies the application data, obtains a credit bureau report, evaluates the application according to the pre-defined decisioning criteria, and returns an accept/decline decision in real time.

"LiquidCredit provides a tremendous value proposition to telecom providers," said Roger Ahern, vice president of business management in Fair Isaac's Global Originations Solutions business unit. "By tapping our industry-leading analytics and decisioning technology, SIGECOM can streamline its entire application decisioning process, increase its speed to market and improve the bottom-line while reducing the overall IT investment."

LiquidCredit for Telecom is the leading application decisioning solution in the telecom industry. It is part of Fair Isaac's complete suite of intelligent software, services and technologies that help more than 80 telecommunications service providers worldwide maximize customer value by acquiring new customers, expanding relationships with existing customers, reducing fraud and credit risk, and building customer loyalty.

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 more than 25 billion 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.

About SIGECOM

SIGECOM, LLC is a total communications provider that offers analog and digital cable television service, high speed Internet and data services, and advanced local and long-distance telephone services to commercial and residential customers on a fiber-rich broadband network. The company is a joint venture between Evansville-based Vectren Corporation and Utilicom Networks of Franklin, Mass. For more information, visit www.sigecom.net.

About Telution

Telution, Inc. is an operations support systems (OSS) software firm for today's leading communication service providers. COMX, Telution's cohesive suite of customer management, order management, service request management, and billing and collections management applications, is an award-winning software platform that unites service providers with their customers, networks, and business partners. Telution is funded by M/C Venture Partners and Draper Fisher Jurvetson and was the winner of TeleStrategies' 2003 Billing Excellence Awards for "Best Company." Telution is also a recipient of Deloitte and Touche's 2003 Chicagoland "Technology Fast 50" award. More information on Telution can be found on the Internet at www.telution.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 LiquidCredit service and identity theft offerings, and the benefits to be derived from this offerings, 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 offerings, the risks that customers will not perceive material benefits from the offerings, failure of the products to deliver the expected results, the possibility of errors or defects in the offerings, the company's ability to recruit and retain key technical and managerial personnel, the maintenance of its existing relationships with key alliance partners, 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, 2002, and Form 10-Q for the period ended June 30, 2003. 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 trademarks of their respective owners.