X/Net Associates Teams Up With Fair, Isaac and Company in a Joint Marketing Alliance

28 September 1998 (San Rafael, California, USA) — Fair, Isaac and Company, Inc. (NYSE: FIC) today announced the signing of a joint marketing agreement with X/Net Associates, Inc. Under the agreement, X/Net will provide specified installation and enhancement services to Fair, Isaac's CreditDesk® and Small Business Scoring Service-CreditDesk® customers in the U.S.

"Fair, Isaac is committed to providing our CreditDesk and SBSS-CreditDesk customers with the highest level of support," said Robin McHale Guptill, product manager for the CreditDesk® product family at Fair, Isaac. "We look to X/Net to play a key role in delivering installation/upgrade onsite support, especially in those instances where customers lack in-house technical resources."

"We are pleased to formalize our alliance with Fair, Isaac," said Gregg Olin, president of X/Net Associates, Inc. "X/Net has been providing various technical assistance to CreditDesk® customers for over three years now. We have touched on virtually all the technologies that are in use by the financial services market, and we think this experience makes us ideally suited to helping Fair, Isaac deliver more value to their customer base."

Examples of the enhancements and services delivered in the past year by X/Net Associates to the CreditDesk customer base include Btrieve® database installation and updates, workstation and LAN/WAN configuration for a variety of operating systems, new installations, version updates, migrating existing CreditDesk installations to new servers, a complete web-based front end for both consumer and small business versions of CreditDesk, a data archiving product integrated with an optical storage subsystem, a contract tracking and payment remittance subsystem, an inbound high-volume fax routing system, and network capacity and performance engineering audits.

"The technical environment in the financial services industry is evolving rapidly," added Guptill. "Technologies that were not even contemplated a few years ago are now central to a lender's daily business. We see X/Net as a valuable partner in helping our CreditDesk clients make the most of their technical environments."

"The business arena requires increasingly swift response and more complete systems integration," said Alex McNeily, executive vice president of X/Net. "Lenders need integration support to help them cover all the bases. Examples of X/Net's integration services include: reengineering of departmental software applications to adapt to Internet, Intranet and client/server technology; custom applications software development; packaged software implementation; contract programming services; LAN/WAN/Telecom design and implementation; and technical software support."

Since 1956, Fair, Isaac has helped businesses maximize the value of data for strategic decision making. The company pioneered the use of credit scoring in consumer and commercial lending. Today, Fair, Isaac provides data-driven decision-making solutions including data management and data mining, analytics, software, and consulting to businesses in financial services, direct marketing, personal lines insurance, retail, and healthcare.

Headquartered in San Rafael, Calif., Fair, Isaac employs more than 1450 people in 16 offices worldwide. For the fiscal year ended September 30, 1997, the company reported revenues of $199.0 million, a 28 percent increase over the prior year. For more information, call Fair, Isaac at 1-800-999-2955 or visit the company website at www.fairisaac.com.
X/Net Associates, Inc. of Fairport, NY, founded in 1995, is a high-end systems integrator and consulting services provider with a strong focus on the financial services sector. The company offers its clients a broad range of technology and management consulting services designed to leverage their current and planned investment in information technology components. Services range from specific custom programming solutions using a rapid application development methodology to advising clients on strategic technology plans. For more information, X/Net Associates, Inc. can be reached at (585) 425-7047 or visit the company web site at www.xnai.com. 

Media Contact:
Rick Hughes
Tel: (585) 425-7047
Fax: (585) 425-2455
Email: rhughes@xnai.com