Edcon Maximises Opportunities through PIC Solutions Strategy Support

Released on = August 1, 2007, 10:58 pm

Press Release Author = PIC Solutions

Industry = Financial

Press Release Summary = Cape Town, 02 August 2007 - Edcon, Africa's largest fashion
retail group, has built on the successful partnership with PIC Solutions by signing
a strategy consulting agreement to support its TRIADTM adaptive control system.

Press Release Body = The TRIAD system, from Fair Isaac Corporation, continues to be
the global standard in account and customer management solutions for consumer credit
grantors as it provides sophisticated risk management functionality in the credit
limit management, collections and marketing communications environments. Edcon
recently upgraded their TRIAD adaptive control system to version 8 and this strategy
consulting contract provides Edcon with the skilled resources to ensure that the
TRIAD system continues to deliver the most efficient and immediate benefits to
Edcon's bottom line profitability.

During this assignment, PIC Solutions strategy consultants will develop and
implement profitable credit line strategies that comply with the new National Credit
Act and also ensure that Edcon continues to maximise new opportunities.

Ian Wood, Group Financial Services Executive at Edcon, states, "Market forces and
customer behaviour continue to change and we need to refine our strategies to meet
these challenges. The functionalities of TRIAD 8 provide us with the ability to make
successful strategic decisions that enhance our bottom line. Through this consulting
contract, PIC's strategy consultants will provide extensive support to ensure that
our new strategies are implemented smoothly and comply with the requirements of the
Act."

Stephen Leonard, Managing Director of PIC Solutions, comments, "PIC Solutions has
been involved in implementing and managing TRIAD since it was first implemented in
Edcon and we look forward to strengthening our relationship with them. Edcon's
strategies will continue to change and grow with the company and this makes TRIAD
the ideal solution for them. TRIAD 8 allows Edcon to develop account management
strategies that meet the challenges of the National Credit Act and successfully grow
their customer base."

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 Africa Middle East 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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