Nalimtas Looqat

PayNet and Fair Isaac Introduce the New SBSS PayNet 1.0 Model Suite

SKOKIE, Ill. & MINNEAPOLIS-- June 02, 2008 --PayNet, Inc. and Fair Isaac Corporation (NYSE:FIC) today announced the launch of the new SBSS PayNet 1.0 scoring models. This model suite combines PayNet's powerful commercial database with Fair Isaac's statistical and analytical expertise. Fourteen of the 20 models support term loan/line of credit lending and six models support leasing. The SBSS PayNet 1.0 model suite has been proven in testing to be highly effective in enhancing existing risk processes to predict the potential delinquent behavior of small business accounts. The solution allows the small business lender to achieve greater profitability through increased acceptance rates and decreased losses providing lenders different data sources to evaluate risk. The scores are available through the latest release of LiquidCredit® service 6.6.1 from Fair Isaac.

"Small business is the engine that drives the U.S. economy, and with the economy now under severe pressure, lenders and lessors who serve small businesses are looking for new ways to improve profitability while mitigating risk," said Marcus Bishop, Vice President Product Management, Fair Isaac Corporation. "The newest release of Fair Isaac LiquidCredit, which includes new SBSS PayNet models, is exactly what these businesses need to compete and win."

Tom Ware, PayNet's Senior Vice President of Analytics & Product Development, added "We have heard for a long time that both banks and finance companies wanted a comprehensive scoring solution based on 'comparable' term credit data, rather than just on trade data, and that they wanted it as part of the time-tested and trusted Fair Isaac SBSS model suite, so that it can be used immediately. This new release of SBSS now provides banks and finance companies with this more powerful solution."

About PayNet

PayNet provides world-class commercial leasing/lending solutions for equipment financing based on its exclusive combination of proprietary term-debt database, state-of-the-art scoring science and commercial-lending expertise. These dynamic solutions have proven to enhance every aspect of commercial-lending portfolios from profitability and risk management to credit-decisioning procedures and operating cost-control. PayNet's extensive capabilities include its Strategic Business Review - a comprehensive analysis of a lender's business, including credit quality and default rate analyses of existing portfolio, current originations, and potential markets, based on peer benchmarking against industry competitors. These solutions span every segment of commercial equipment lending and leasing from Transportation, Construction and Agriculture to Healthcare and Retailing. Learn more about PayNet at www.paynetonline.com.

About Fair Isaac

Fair Isaac Corporation (NYSE:FIC) transforms business by making every decision count. Fair Isaac's Decision Management solutions combine trusted advice, world-class analytics and innovative applications to give organizations the power to automate, improve and connect decisions across their business. Clients in 80 countries work with Fair Isaac to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. Fair Isaac also helps millions of individuals manage their credit health through the www.myFICO.com website. Learn more about Fair Isaac at www.fairisaac.com.

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 LiquidCredit product offerings, and the benefits to be derived from these offerings, 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 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, 2007, and its quarterly report on Form 10-Q for the period ended March 31, 2008. 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.

Contacts

PayNet, Inc.
Doug Cleveland
847-745-6065

# posted by Nalimtas Looqat @ 2:00 PM