Fair Isaac Corporation ( NYSE: FIC ), the leading provider of analytics and decision technology, announced today that Boscov`s, the largest family-owned department store in the United States, is the first retailer to use Fair Isaac`s Netsourced TRIAD™ adaptive control system to implement more profitable, customer-specific credit decisions in its credit card portfolio. Boscov`s - a 93-year-old retailer - and Fair Isaac have agreed to implement Netsourced TRIAD in a unique gain-sharing arrangement, in which the two companies will share in the added return. Netsourced TRIAD combines the proven decisioning power of the TRIAD solution with the affordability, accessibility and convenience of a usage-based system hosted by Fair Isaac. The system enables retailers to send customer data over a secure, Web-based network, and returns recommended actions overnight for immediate implementation in account management and billing systems, without the major investment associated with complex software implementations.

"Boscov`s is committed to achieving new levels of credit sophistication that help us better serve our customers and grow our business," said Dean Sheaffer, Senior Vice President at Boscov`s. "Fair Isaac`s Netsourced TRIAD solution offered what we were looking for-the benefit of a sophisticated risk management solution which allows us to provide higher levels of service and substantially increase our bottom-line. We were also impressed by Fair Isaac`s commitment to and confidence in the product, as demonstrated by their willingness to enter into a gain-sharing arrangement and share the risks and returns from this investment." "This agreement demonstrates the tremendous confidence that both Boscov`s and Fair Isaac have in the growth-enhancing capabilities of TRIAD," said Andrew Jennings, vice president of Prospect and Customer Management Solutions at Fair Isaac. "Netsourced TRIAD can help any retailer, with any size card portfolio, reduce IT burden and achieve a competitive advantage through quick, convenient and cost-effective access to the world`s leading account management system."

With Netsourced TRIAD, lenders can measure account risk and assess opportunities on portfolios of any size. Built-in behavior risk models give clients an accurate assessment of their customer accounts even where portfolio volumes are low or historical data conditions would prohibit custom model development. Fair Isaac`s world-class data center delivers intelligence that helps clients design and implement strategies that tailor the right action to the right customer at the right time.

Fair Isaac strategy consultants also assist Boscov`s with the on-going definition of innovative and effective strategies, which allows the retailer to obtain continuous process and profit improvement in key decision areas such as credit line management and marketing communications.

About Boscov`s
From a single small store opened in Reading, Pa., over 75 years ago, Boscov`s Department Store has evolved into the largest family owned department store chain in the country. Today, Boscov`s has 41 stores covering an area from the Jersey shore to Western Pennsylvania, and from Albany, N.Y. to central Maryland. Boscov`s Online store serves Boscov`s customers across the country. Under family leadership, Boscov`s has increased the sophistication of its systems and processes in order to sustain profitable growth and geographic expansion. Noted as a rewarding and fun place to shop with a deep commitment to local community interests, Boscov`s developed and sustains a reputation for having one of the widest assortments of merchandise of any store; an outstanding collection of famous brands; a strong commitment to great values throughout the store; an equally strong commitment to making shopping fun; and dedication to quality service.

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® scores, the standard measure of credit risk, to manage their financial health.

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 Netsourced TRIAD product offering and the benefits to be derived from this offering, 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, 2004, and Quarterly Report on Form 10-Q for the period ended December 31, 2004. 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, TRIAD 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 the trademarks of their respective owners.

Source: i-Newswire