Fair Isaac Allies with Millennium Information Services to Provide P&C Insurers with Advanced Underwriting Analytics
August 3, 2005 - (Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE: FIC), the leading provider of analytics and decision technology, announced today that it has formed a strategic alliance with Millennium Information Services, Inc., a property inspection and insurance underwriting process outsourcing company, to provide advanced underwriting analytics and automation to the property insurance industry.

Fair Isaac has developed Property PredictR™ - A Fair Isaac® Insurance Score that leverages Millennium's comprehensive database of property inspection data. The score helps property insurance providers more accurately predict the amount of risk a property represents. By better understanding risks, insurers can improve the profitability of underwriting decisions and lower underwriting costs. The property score will be delivered to P&C insurers via Millennium's Automated Property System (MAPS™), a platform for new, renewal and re-underwriting property processing.

"Partnering with the pioneer of the world's leading risk assessment technologies will take the underwriting decision component of MAPS to an even higher level," said Steve Pietrzak, president and CEO of Millennium. "Fair Isaac's techniques and experience in providing custom scoring models and credit-based insurance scores are unmatched in the insurance industry. This alliance will help boost our customers' success by providing the tools they need to better assess risk and grow their business more profitably."

"This alliance truly enhances our current business in the property insurance market," said Cheri St John, vice president of Fair Isaac's Global Scoring Solutions Group. "Tapping Millennium's capabilities in underwriting support services creates a new way for P&C insurers to leverage the power of Fair Isaac insurance risk analytics. Insurers are now able to better assess applicant and customer quality, improve policy underwriting, book management decisions, and gain a competitive edge."

Property PredictR scores may also be used in conjunction with Fair Isaac's credit-based insurance scores, as a component of Fair Isaac's custom predictive scoring models, or as part of a decision process automated with Fair Isaac Blaze Advisor.

Millennium's MAPS manages all aspects of property insurance-to-value (ITV) processes, from distributing and managing inspection orders in the field, to providing replacement cost calculations, detailed underwriting analysis and rules-based referrals. The MAPS platform allows for seamless integration of third party data (such as credit or historical loss information), and provides a number of output packaging options (including electronic forms imaging and archiving).

Fair Isaac analytics have powered decisions for more than 400 personal and commercial lines insurers in North America and Europe, including nine of the top 10 U.S. P&C insurance carriers and more than half of U.S. state workers' compensation funds. In addition to credit-based insurance scores and custom analytic offerings, the company offers a wide range of capabilities to the insurance industry for making faster, more profitable decisions in marketing, underwriting, customer management, claims and medical bill review.

About Millennium
Millennium Information Services, Inc. is an insurance outsourcing company that provides property inspections along with an array of risk information and underwriting support services to property and casualty insurance companies and their agents. Millennium's various processes allow companies to capture otherwise unrecognized premium dollars by obtaining current and accurate data on the insured risks. By employing the latest technology in all of its activities, Millennium is able to significantly reduce its clients' expenses associated with policy information maintenance. Millennium's products also help increase internal efficiencies by reducing or eliminating paper forms and reports, thereby providing a more manageable working environment. The company works with many of the top regional and national property and casualty companies in the country. For more information, visit www.millinfo.com.

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 power 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.

Fair Isaac 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 Custom Insurance Analytic offering and the benefits to be derived from the 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 issues involving the marketing and distribution arrangements for Fair Isaac's products, any unforeseen technical difficulties related to the implementation, use and functionality of Fair Isaac's product offerings, the risks that customers will not perceive material benefits from the offerings, failure of the products to deliver the expected results, the possibility of errors or defects in the offerings, 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 March 31, 2005. 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 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.

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