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Major UK Financial Services Group Deploys SPSS Predictive Analytics for Credit Risk Management Operations; SPSS Replaces SAS.

CHICAGO -- SPSS Inc. (NASDAQ:SPSS), a leading worldwide provider of predictive analytics software, today announced that Alliance & Leicester Plc, one of the leading financial services organizations in the United Kingdom, has implemented SPSS for its credit risk management operations. In replacing existing SAS licenses, SPSS predictive analytical software will enable Alliance & Leicester to improve its approach to data analysis.

SPSS technology reduces time-consuming programming tasks and will enable the credit risk department to better focus on its key objective -- managing credit risk.

"Extracting key information quickly from our data is vital to the risk management activities of the department," said Simon Baum, director of credit and risk at Alliance & Leicester. "With SPSS we will be able to move toward standardized analysis, giving the most accurate view of information and being best positioned to make well-informed decisions. SPSS has worked with us to demonstrate that its predictive analytics software is an appropriate tool for our needs in terms of both functionality and cost."

"It's great to see such a major industry player recognize the value SPSS can add to its organization," said Adrian Carr, vice president of EMEA sales at SPSS. "We believe Alliance & Leicester will see a great return on its investment as a result."

About Alliance & Leicester

Alliance & Leicester Plc is one of the UK's major financial services groups, and is a member of the FTSE 100 index.

About SPSS Inc.

SPSS Inc. (NASDAQ:SPSS) is a leading worldwide provider of predictive analytics software and solutions. The company's predictive analytics technology connects data to effective strategic action by drawing reliable conclusions about current conditions and critical future events. More than 250,000 commercial, academic, and public sector customers rely on SPSS technology to help increase revenue, reduce costs, improve important processes, and detect and prevent fraud. More than 95 percent of the Fortune 1000 companies are SPSS customers. Founded in 1968, SPSS is headquartered in Chicago, Illinois. For additional information, please visit www.spss.com.

Safe Harbor Statement

This press release contains forward-looking information made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements can be identified by phrases such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "could," "designed," "should be" and other similar expressions which denote expectations of future events rather than statements of fact. These forward-looking statements involve factors that are subject to risks and uncertainties. These risks and uncertainties, which may not be currently ascertainable and many of which are beyond the Company's control, may cause the Company's actual results, performance or achievements to be materially different than the results, performance or achievements expressed in or implied by the forward-looking statements. These risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission ("SEC"). Copies of these filings are available either on the SEC's website at www.sec.gov or from the Company's investor relations department. In light of these risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that any future results, performance or achievements will be attained. These forward-looking statements speak only as of the date on which they are made. The Company assumes no obligation to update the forward-looking statements contained in this press release.
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Comment:Major UK Financial Services Group Deploys SPSS Predictive Analytics for Credit Risk Management Operations; SPSS Replaces SAS.
Publication:Business Wire
Geographic Code:1USA
Date:May 22, 2006
Words:548
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