Call for Entries: FICO Decision Management Awards

MINNEAPOLIS, May 2, 2012 /PRNewswire/ -- FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced the call for entries in its second FICO Decision Management Awards. These awards honor FICO clients that have achieved outstanding results from their use of analytics and decision management technology to grow their businesses, manage risk and reduce costs.

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Nominations are due August 1, 2012, and winners will be announced October 1. To enter a nomination, visit www.fico.com/dmawards.

This year, awards will be presented in four categories: credit risk management, fraud control,  insurance claims management and analytic innovation. Winners will receive recognition at FICO's annual conference, FICO™ World, which will be held in Miami from April 30-May 3, 2013. Winning implementations will be featured in conference activities, and two representatives of the winning company will receive complimentary conference passes. In addition, a $1,000 contribution will be made to the charitable organization of each winner's choice.

An independent panel of judges will evaluate nominations based upon measureable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. This year's judges include Douglas Blakey, editor of Retail Banker International; Karen Pauli, a research director at CEB TowerGroup; James Taylor, CEO of Decision Management Solutions; and Dan Vesset, program vice president of IDC's Business Analytics research.

"Our clients are breaking new ground in the applications of Big Data analytics to improve business decisions," said Mike Gordon, FICO's banking practice lead and managing director for Europe, the Middle East and Africa. "These awards recognize the best of the best, and show where the industry is heading."

The winners of the first FICO Decision Management Awards were China's Bank of Communications (credit risk management), Highmark (insurance claims management) and Lloyds Banking Group (fraud control).

For additional information and a nomination form, visit www.fico.com/dmawards.

About FICO
FICO (NYSE:FICO) delivers superior predictive analytics solutions that drive smarter decisions. The company's groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO's innovative solutions include the FICO® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world's top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. FICO also helps millions of individuals manage their personal credit health through www.myFICO.com. Learn more at www.fico.com. FICO: Make every decision count™.

For FICO news and media resources, visit www.fico.com/news.

Statement Concerning Forward-Looking Information

Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business 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 success of the Company's Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2011 and its last quarterly report on Form 10-Q for the period ended December 31, 2011. If any of these risks or uncertainties materializes, FICO's results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.

FICO and "Make every decision count" are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.

SOURCE FICO