Kevin Deveau Appointed Head of FICO Canada

TORONTO, June 18, 2014 /CNW/ - FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced that it has appointed Kevin Deveau to lead FICO's Canadian operations. Deveau, a native of Quebec City, has 30+ years of experience providing information technology solutions to clients in the financial services, insurance, health care, retail and government sectors. Since Deveau joined FICO in 2010, he has been one of the company's top client partners, securing more than $50 million (CAD) in new business.

In his new position, Deveau will lead the team responsible for growing FICO's Canadian market share and strengthening relationships with FICO's clients. Deveau will work with existing and potential clients to help them leverage FICO's technologies and solutions, which utilize innovative analytic applications to provide a competitive advantage and enable better decision-making.

"Kevin has achieved a tremendous amount of success during his four years at FICO, and his experience with clients in financial services, FICO's core business sector, is invaluable," says David Vonk, vice president of client services at FICO. "In his new role, he will lead our team in providing advanced predictive analytics and decision management solutions that will help our clients thrive in an increasingly competitive marketplace."

"FICO is poised for dramatic growth in Canada as the adoption of Big Data analytics becomes more widespread," said Deveau. "FICO works closely with a range of Canadian clients, from the major banks to insurers to leading retailers, helping them gain an analytic advantage over their competitors."

Prior to joining FICO, Deveau was the chief operating officer for ICOD Inc., a provider of cloud-based business and technology solutions to the global financial services industry. He was instrumental in growing the small company from less than $500,000 to $15 million in annual revenue.

FICO has been operating in Canada for more than 20 years, providing decision management solutions, analytic tools and scores. The FICO^® credit score, administered by Equifax and TransUnion, is the top scoring platform for Canadian lenders.

About FICO
FICO (NYSE: FICO) is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. The company's groundbreaking use of Big Data and mathematical algorithms to predict consumer behavior has transformed entire industries. FICO provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. Many of our products reach industry-wide adoption. These include the FICO^® Score, the standard measure of consumer credit risk in the United States. FICO solutions leverage open-source standards and cloud computing to maximize flexibility, speed deployment and reduce costs. The company also helps millions of people manage their personal credit health. FICO: Make every decision count^™. Learn more at www.fico.com.

For FICO news and media resources, visit www.fico.com/news.

FICO and "Make every decision count" are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.

SOURCE: FICO

Media: Jean François Thibault, Kaiser Lachance for FICO, 647-725-2520 x208, [email protected]; Investors/Analysts: Steven Weber, FICO, [phone], [email protected]