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Consumers Now Can Give FICO Reports As Gifts At

Business Editors/High-Tech Writers

SAN RAFAEL, Calif.--(BUSINESS WIRE)--Dec. 9, 2002

Digital Gift Certificates for any myFICO Product Help Friends,

Family Members Discover Their Credit Standing, Including

Their FICO scores and Tips On How to Improve Them

Fair, Isaac and Company, Incorporated (NYSE: FIC) today announced that, for the first time, U.S. consumers can purchase myFICO(SM) products as gifts to help others see their credit standing as lenders see it.

Once a gift purchase is made on Fair, Isaac's consumer Web site,, the company sends a digital gift certificate to each recipient with instructions for redeeming his or her gift. Customers also have the option of printing a paper gift certificate in their choice of themes to present to the recipient directly. The recipient can register on at any time to gain immediate, private access to the credit information gift.

"This is the industry's first gift service for online credit information, and it comes at a wonderful time for U.S. consumers," said Sue Simon, Fair, Isaac vice president for myFICO. "Credit is on people's mind for a lot of reasons, from budgeting your family's Christmas gift shopping for December, to planning for big ticket items like home refinancing or buying a 2003 automobile. For the first time, people now can help their friends and family members see their own FICO(R) scores, understand how they are viewed by lenders, and work to improve their credit outlook over the long run. MyFICO gift certificates are one more step in our continuing push to bring consumers the knowledge and tools they need to gain true credit empowerment."

Today, people can purchase gift certificates for the Score Power(TM) report and myFICO Credit Advantage subscription service. The Score Power report is the only credit score delivery product to include Fair, Isaac's industry-standard FICO credit risk score and an Equifax credit report, plus a personalized explanation of your FICO score and suggestions for improving it over time. MyFICO Credit Advantage offers six separate Score Power reports during a one-year membership that includes historic tracking of your FICO score over time and quarterly reminders to check the service for your current FICO score.

The FICO score is a snapshot of a consumer's credit risk potential at that moment, and is used to make billions of credit decisions each year, including more than 75 percent of mortgage loan originations. In addition, more than 40 of the nation's 50 largest financial institutions rely on the FICO score to determine an individual's credit worthiness.

About Fair, Isaac

Fair, Isaac and Company, Incorporated (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 Web site, consumers use the company's FICO(R) scores, the standard measure of credit risk, to manage their financial health. As of August 5, 2002, the business of HNC Software Inc., a leading provider of high-end analytic and decision management software, is part of Fair, Isaac. For more information, visit

Forward-Looking Statements

Some of the information contained in this press release 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 the company's ability to recruit and maintain key technical and managerial personnel, the maintenance of its existing relationships with key alliance partners, its ability to continue to develop new and enhanced products and services, competition, regulation 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 2002. These forward-looking statements speak only as of the date hereof. Fair, Isaac disclaims any intent or obligation to update these forward-looking statements.

Fair, Isaac, FICO, myFICO and HNC are trademarks or registered trademarks of Fair, Isaac and Company, Incorporated, in the United States and/or in other countries. Other product and company names herein may be trademarks of their respective owners.
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Publication:Business Wire
Date:Dec 9, 2002
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