FICO Acquires CR Software, a Leading Provider of Collections and Recovery Solutions to Multiple Industries

  FICO Acquires CR Software, a Leading Provider of Collections and Recovery
                       Solutions to Multiple Industries

Expands footprint across multiple industries with enterprise-class collections
and recovery solutions

PR Newswire

MINNEAPOLIS, Nov. 26, 2012

MINNEAPOLIS, Nov. 26, 2012 /PRNewswire/ --FICO (NYSE: FICO), the leading
provider of analytics and decision management technology, today announced it
has acquired CR Software, LLC, a leading provider of enterprise-class
collections and recovery solutions for credit issuers, government
organizations, collection agencies, retailers, healthcare providers and other
enterprises. The transaction has closed, and terms are not being disclosed.


Established in 1984, CR Software has more than 28 years' experience
implementing collections and recovery solutions. CR Software currently
supports more than 300 public and private organizations, including the State
of Oregon, the State of Mississippi, the State of Maryland, NCO, Schumacher
Group, Sallie Mae, and Genpact.

CR Software's principal product, the Titanium ORE™ (Open Receivables
Environment) solution, offers business-user driven configuration,
industry-specific functionality, scalability and security unlike any other
software provider. Titanium serves as a System of Record (SoR), a true
extension of the user's host system, and simplifies, automates and coordinates
collections and recovery operations across the enterprise, leading to higher
returns. Titanium's modern architecture enables real-time data integration
with virtually any client system. Organizations using Titanium run the gamut
from large organizations with many thousands of concurrent users to companies
with just a few active users, and these clients have consistently achieved a
high ROI with the Titanium solution.

"CR Software is the ideal company to help FICO extend our analytics-based
collections and recovery offerings to multiple industries, as well as credit
grantors of all sizes," said Will Lansing, FICO CEO. "Collections efforts are
increasingly being viewed as part of the customer experience, with the quality
of customer treatments affecting not only short-term results but also
long-term retention. Given our domain expertise in this area, businesses
across industries routinely approach us for advice and best-in-class
solutions. Now, when combined with our Adeptra customer engagement
capabilities and our robust analytics tools and models, CR Software's products
and people will help us meet this demand and extend beyond our strong position
in financial services."

"FICO has long been a pioneer in providing advanced collections and recovery
solutions to the financial services industry, with solutions built around FICO
Debt Manager," said Martin Germanis, CR Software CEO. "Today, organizations
such as governments, healthcare entities, agencies and retailers are demanding
the same kind of enterprise-strength solutions as financial services
institutions, but tailored to their specific needs. CR Software complements
FICO's strengths and expands FICO's portfolio with a solution that yields
superior ROI in multiple industries, the public sector and smaller collections

For more information, visit

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 Learn
more at FICO: Make every decision count^™.

For FICO news and media resources, visit

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,
2012. 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.


Contact: Media, Jeff Scott, IQ PR for FICO, +1-408-884-4017,, or Investors, Steven Weber, FICO, +1 800-213-5542,
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