MINNEAPOLIS--(BUSINESS WIRE)--Aug. 24, 2004--Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, announced today that Central American credit card transaction processor Grupo Financiero Uno will offer advanced fraud detection capabilities to its clients through a recent implementation of Fair Isaac's Falcon(TM) Fraud Manager.

As part of a five-year agreement, Grupo Financiero Uno has integrated Fair Isaac's market-leading payment card fraud detection system with its processing platform, providing credit card issuers in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama with an improved ability to minimize fraud losses through real-time detection of fraudulent card transactions.

Falcon utilizes neural network technology, extensive rule development capabilities and workflow management to provide highly effective fraud protection for more than 450 million active payment card accounts across six continents, saving card issuers millions of dollars every day.

"Protecting our member card issuers and their customers from fraud losses is one of Grupo Financiero Uno's highest priorities," said Luis Marin, Credit Card Business Director at Grupo Financiero Uno. "This new alliance with Fair Isaac reaffirms our commitment to continual technology innovation and to offering our clients the most secure processing solutions. Fair Isaac's Falcon is recognized worldwide for its ability to maximize fraud detection while minimizing client impact. We expect a significant reduction in fraud cases and related losses and a rapid return on our investment."

"The alliance with Grupo Financiero Uno, a leading transaction processor in the Central American region, reinforces our position as the favored provider of payment card fraud protection on a global level," said Robert Duque-Ribeiro, vice president of International Sales at Fair Isaac. "Falcon continues to provide value to payment card processors and issuers worldwide, and we expect continued growth for our Falcon software offerings in Central and Latin America and worldwide as more card issuers seek to implement the best possible defense against fraud."

Leveraging a combination of sophisticated neural network modeling, patented profiling technology and flexible, user-definable intelligent rules, Falcon provides a powerful combination of advanced analytic tools that constantly monitor cardholder behavior to detect and flag potentially fraudulent activity. Falcon analyzes fraud and transaction data in search of the most subtle signs of fraud and enables issuers to immediately take proactive measures to mitigate losses and protect cardholders from fraudulent activities.

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 powers 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.

About Grupo Financiero Uno

Grupo Financiero Uno: Banco Uno-AVAL is the first financial network completely integrated in Central America, covering Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama.

Forward Looking Statements

Except for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its Falcon Fraud Manager software offering and the benefits to be derived from Falcon or Fair Isaac's relationship with Grupo Uno, 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 June 30, 2004. 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, Falcon 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.

CONTACT:
Fair Isaac Corporation
Megan Forrester, 800-213-5542 (Investors & Analysts)
investor@fairisaac.com
Angela Carlson, 415-492-5373 (Media)
acarlson@fairisaac.com

SOURCE: Fair Isaac Corporation