Saudi Arabian Company Implements Global FICO(r) Score

Released on = June 26, 2007, 12:09 am

Press Release Author = PIC Solutions

Industry = Financial

Press Release Summary = Dubai, 26 June 2007 - Al Yusr Installment Company, a vehicle
finance organisation based in Riyadh, Saudi Arabia, has selected PIC Solutions to
implement Global FICOŽ Score.

Press Release Body = Fair Isaac Corporation's Global FICO Score rank-orders
consumers according to their credit risk. Designed to be consistently scaled across
credit bureaux and across national borders, Global FICO Score has become the global
standard for consumer credit risk assessment. The Fair Isaac technology underlying
the Global FICO Scoring model enables quick deployment in any country with robust
credit bureaux data.

In addition, the Global FICO Scores are complementary to custom application and
behaviour models, and can be used alongside internal scores at all stages in the
credit lifecycle to improve decisions throughout the lending process, from marketing
and account origination to full portfolio management.

As Fair Isaac's partner for the Middle East and Africa region, PIC Solutions is
dedicated to providing complete credit risk management solutions to clients in the
region. During this assignment, PIC's experienced Middle East consultants will work
closely with Al Yusr Installment Company to ensure the successful implementation of
Global FICO Score.

Homam Hashem, Credit Cycle Manager at Al Yusr Installment Company, comments,
"Through Global FICO Score we gain a clearer understanding of our client's credit
risk and tailor our offerings to suit their different profiles. We selected PIC
Solutions for their understanding of our ever-changing industry and we look forward
to using this scoring solution to enhance our decision making process."

Stephen Leonard, Managing Director of PIC Solutions, adds, "Global FICO Score
provides a highly predictive and consistent risk score to credit grantors wanting to
evaluate consumer risk, streamline decision processes and increase profitability. By
effectively using the predictive power of credit bureaux data, Al Yusr Installment
Company can gain new opportunities for expansion while still controlling and
monitoring their risk."


About Fair Isaac
Fair Isaac Corporation (NYSE:FIC) combines trusted advice, world-class analytics and
innovative applications to help businesses make smarter decisions. Fair Isaac's
solutions and technologies for Enterprise Decision Management turn strategy into
action and elevate business performance by giving organizations the power to
automate more decisions, improve the quality of their decisions, 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. Learn more
about Fair Isaac at www.fairisaac.com.

About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip
organisations. We are experts in the fields of credit, risk and software and have an
established track record of success powered by solutions.

PIC Solutions is the Fair Isaac alliance partner for the Middle East Africa region
and from offices in Cape Town, Dubai and Johannesburg, provides all sales and
support for the entire suite of Fair Isaac products and services. This includes
consulting, project management, integration services, first line software support
and ongoing maintenance.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com

Web Site = http://www.PICSolutions.com

Contact Details = PIC Solutions
Birkdale I
River Park
Liesbeek Parkway
Mowbray
7700
South Africa
Tel: +27 (0)21 680-6000
Fax: +27 (0)21 680-6003
Email: Info@PICSolutions.com

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