LexisNexis Risk Management and Intelligent Results to Collaborate on a New Hosted Solution for the Collections Industry

LexisNexis(R) Risk Management, a leading provider of legal, news,business information and risk management services, and IntelligentResults, a pioneer in customer analytics software for financialservices companies, today announced an alliance to create a hostedsolution for the collections industry that will speed operationalefficiencies and increase agency revenue streams.

The $15 billion collections industry faces unprecedentedchallenges, including rising costs and deteriorating debt portfoliosthat are eroding margins for collections agencies. One way to reversethis trend is to provide agencies with comprehensive and reliable dataalong with analytics and modeling capabilities to increase theprobability of successful portfolio collections.

LexisNexis is a leader in information services and works with morethan 14,000 financial institutions to provide collection and recoverysolutions that help customers increase revenue and reduce the risksassociated with conducting business. Intelligent Results, which workswith five of the top 10 banks and leading collections agencies, offersboth an integrated analytics and decision management platform calledPredigy(TM) and a series of specialized Action Applications(TM) forcollections.

The hosted solution will combine data amassed by LexisNexis andIntelligent Results strategy software. The LexisNexis(R) data includesinformation on individuals, businesses, assets and more. LexisNexisRisk Management is licensing key components of Intelligent Results'Predigy platform to provide a decision management solution for thecollections industry -- from real-time what-if analysis, strategydevelopment and predictive modeling all the way through execution,deployment, and reporting.

While analytics and strategy development software has typicallybeen used by the largest players in the industry, the hosted solutionwill also enable small to mid-size agencies to have the samecapabilities.

The agreement enables LexisNexis Risk Management to providecollections customers with end-to-end solutions that combine data andanalytics to improve operational efficiency. The alliance enablesIntelligent Results to extend its capabilities to LexisNexis RiskManagement's broad customer base across the industry.

The hosted solution is scheduled for release before the end of theyear, with a jointly developed collection score scheduled for releaseduring the third quarter.

"Collections agencies are facing increased pressure on theirmargins and need cost-effective solutions to help them determine howto speed up and optimize their business," said Dane Mauldin, vicepresident, collections markets for the LexisNexis Risk Managementbusiness unit.

"LexisNexis has an extensive data repository of intelligence,helping our customers drastically improve contactability andcollectability. With Intelligent Results, we can now offer ourcustomers the ability to incorporate analytics linked directly tooperational decision making to improve their top and bottom lines."

"Intelligent Results' mission is to enable companies to makesmarter decisions and take action based on those decisions as quicklyas possible," said Stan Shull, vice president of business developmentfor Intelligent Results. "By aligning with LexisNexis, we believe wecan help change the economics and performance of the collectionsindustry."

About LexisNexis

LexisNexis (www.lexisnexis.com) is a leader in comprehensive andauthoritative legal, news and business information and tailoredapplications. A member of Reed Elsevier Group plc (NYSE:ENL)(NYSE:RUK)(www.reedelsevier.com), the company does business in 100 countrieswith 13,000 employees worldwide.

For more than 30 years, LexisNexis has been a pioneer in securedata, and information policy. Through its risk management flagshipproducts, Accurint(R), Banko(R), and RiskWise(R), LexisNexis helps tolocate people and assets, authenticate identity, enable commerce,conduct background screening, and support national securityinitiatives. Customers include almost every federal government agency,the top 100 law firms, and Fortune 500 companies in the fields ofnational security, financial services, collection and recovery,insurance, telecommunications, e-commerce and retail.

About Intelligent Results

Intelligent Results(R) enables companies in the financial servicesindustry to run their businesses more dynamically with a new standardin customer analytics and decision management. The Intelligent ResultsPredigy software platform allows companies to better understand andpredict customer behavior and then quickly plan and operationalizetargeted strategies. This empowers companies to improve the customerexperience, allocate resources more effectively and produce profitableresults.

Intelligent Results' approach, platform and applications resultfrom 20 years of work that began in the national labs. IntelligentResults was founded by leading thinkers in predictive analytics withreal-world experience at forward-thinking companies such asAmazon.com. As the company has grown, it has added executives andstaff with extensive financial services experience. Since the launchof the beta version of Predigy, over two dozen new customers andpartners have chosen to work with Intelligent Results.www.intelligentresults.com.