-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CinGC0/+ZrI7czjFAcKCrUDA08JDHwcr/MEgMSqayZrdTFs+X5rOSoo+XoN04B1E lgKs8fNr9rM017iZNWfSLg== 0001104659-08-039154.txt : 20080611 0001104659-08-039154.hdr.sgml : 20080611 20080611092756 ACCESSION NUMBER: 0001104659-08-039154 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080610 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080611 DATE AS OF CHANGE: 20080611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EQUIFAX INC CENTRAL INDEX KEY: 0000033185 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320] IRS NUMBER: 580401110 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06605 FILM NUMBER: 08892252 BUSINESS ADDRESS: STREET 1: 1550 PEACHTREE ST NW CITY: ATLANTA STATE: GA ZIP: 30302 BUSINESS PHONE: 4048858000 MAIL ADDRESS: STREET 1: 1550 PEACHTREE ST NW CITY: ATLANTA STATE: GA ZIP: 30309 FORMER COMPANY: FORMER CONFORMED NAME: RETAIL CREDIT CO DATE OF NAME CHANGE: 19760222 8-K 1 a08-16421_18k.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 


 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported):   June 10, 2008

 

EQUIFAX INC.

(Exact name of registrant as specified in Charter)

 

Georgia

 

001-06605

 

58-0401110

(State or other jurisdiction
of incorporation)

 

(Commission File
Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

1550 Peachtree Street, N.W.
Atlanta, Georgia

 

30309

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (404) 885-8000

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

o    Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 7.01   Regulation FD Disclosure.

 

On June 10, 2008, Equifax Inc. (“Equifax”) and Fair Isaac Corp. (“Fair Isaac”) issued a press release announcing that they have established a partnership to develop and sell advanced analytics and scoring solutions for businesses and consumers. Under the agreement, the two companies will leverage Equifax’s consumer credit data and Fair Isaac’s scoring technology, and will jointly market and sell new FICO® analytic products.  Terms of the agreement were not disclosed.

 

The companies are also working together to accelerate testing and roll-out of the FICO® 08 model for Equifax’s customers.

 

Separately, Fair Isaac has agreed to dismiss Equifax as a defendant in Fair Isaac’s previously disclosed lawsuit against VantageScore LLC and the three national credit reporting companies.  Under the Settlement and Release Agreement, Fair Isaac agreed to release and discharge its claims against Equifax that were the subject of the lawsuit and to dismiss Equifax from the lawsuit with prejudice. The Settlement and Release Agreement is subject to the approval of the U.S. District Court for the District of Minnesota.

 

A copy of the press release issued by Equifax is attached to this report as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01.   Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit
Number

 

Description

 

 

 

99.1

 

Press release dated June 10, 2008.

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

EQUIFAX INC.

 

 

 

 

 

By:

/s/Kent E. Mast

 

Name:

Kent E. Mast

 

Title:

Corporate Vice President and
Chief Legal Officer

 

 

 

Date: June 11, 2008

 

 

 

3



 

Index to Exhibits

 

Exhibit
Number

 

Description

 

 

 

99.1

 

Press release dated June 10, 2008.

 

4


EX-99.1 2 a08-16421_1ex99d1.htm PRESS RELEASE DATED JUNE 10, 2008

Exhibit 99.1

 

[Equifax logo]

 

[Fair Isaac logo]

 

NEWS RELEASE

 

 

Contact (Media):

 

Contact (Investors):

 

 

 

Dianne Bernez

 

Jeff Dodge

Equifax

 

Equifax

(404) 885-8325

 

(404) 885-8804

dianne.bernez@equifax.com

 

investor@equifax.com

 

 

 

Craig Watts

 

John Emerick

Fair Isaac Corporation

 

Fair Isaac Corporation

(415) 492-5399

 

612-758-5560

craigwatts@fairisaac.com

 

johnemerick@fairisaac.com

 

Equifax and Fair Isaac Enter Partnership to Accelerate
Development and Delivery of New Analytic Solutions

 

ATLANTA and MINNEAPOLIS, June 10, 2008 – Equifax Inc. (NYSE: EFX) and  Fair Isaac Corp. (NYSE: FIC) announced today that they have established a partnership to develop and sell advanced analytics and scoring solutions for businesses and consumers. Under the agreement, the two companies will leverage Equifax’s consumer credit data and Fair Isaac’s scoring technology, and will jointly market and sell new FICO® analytic products.

 

The companies are also working together to accelerate testing and roll-out of the FICO 08 model for Equifax customers.

 

Separately, Fair Isaac has agreed to dismiss Equifax as a defendant in its lawsuit against VantageScore LLC and the three national credit reporting companies.

 

“Equifax and Fair Isaac have worked closely for many years, developing industry-leading credit tools. This new agreement further solidifies our working relationship and allows both companies to provide better solutions to their customers,” said Richard F. Smith, Chairman and CEO, Equifax.

 

“Our longstanding partnership with Equifax is entering a new phase – one that will drive rapid development and distribution of advanced analytic solutions,” said Mark Greene, CEO, Fair Isaac.

 



 

“When the world’s leading provider of analytics and decision management solutions aligns with one of the world’s leading information technology companies, the customers of both companies win.”

 

On the consumer side, Equifax and Fair Isaac have a long history of providing products that combine the Equifax credit report with the FICO Score, including the delivery of ScorePower™ and ScoreWatch™ through Equifax’s Personal Information Solutions business at Equifax.com, as well as through Fair Isaac’s myFICO.com web site. This new agreement creates additional opportunities for developing better tools and delivering them directly to consumers for use in managing their credit reputation and relationships.

 

About Equifax Inc. (www.equifax.com)

 

Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, employment and income verification and human resources business process outsourcing services, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.

 

Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability.  Businesses – large and small – rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, HR/payroll services, and much more.  We empower individual consumers to manage their personal credit information, protect their identity and maximize their financial well-being.

 

Headquartered in Atlanta, Georgia, Equifax Inc. employs approximately 7,000 people in 14 countries throughout North America, Latin America and Europe.  Equifax is a member of Standard & Poor’s (S&P) 500® Index.  Our common stock is traded on the New York Stock Exchange under the symbol EFX.

 

Equifax Statement Concerning Forward-Looking Information

 

Certain statements in this release relating to Equifax may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements are made on the basis of Equifax’s views and assumptions regarding future events and business performance as of the time the statements are made.  Equifax does not undertake any obligation to update these statements.  Actual results may differ materially from those expressed or implied.  Such differences may result from actions taken by Equifax, including restructuring or strategic initiatives, as well as from developments beyond its control, including but not limited to changes in worldwide and U.S. economic conditions that materially impact consumer spending, consumer debt and employment, changes in demand for its products and services, its ability to develop new products and services, pricing and other competitive pressures, its ability to complete and integrate acquisitions and other investments, changes in laws and regulations governing its business, including federal or state responses to identity theft concerns, and the outcome of pending litigation.  Additional factors are described from time to time in Equifax’s reports filed with the SEC, including those set forth under Item 1A, “Risk Factors” in Equifax’s Annual Report on Form 10-K for the year ended December 31, 2007 and Quarterly Report on Form 10-Q for the period ended March 31, 2008.

 

2



 

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 or its business 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 the success of the Company’s Decision Management strategy, its ability to recruit and retain key technical and managerial personnel, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, competition, regulatory changes applicable to the use of consumer credit and other data, the possibility that the anticipated benefits of acquisitions, including expected synergies, will not be realized 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.

 

###

 

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