Fair Isaac Corporation
Square Feet: 46,873 Lease Expiration: 2/2018
Fair Isaac is a leading provider of decision management solutions powered by advanced analytics. Fair Isaac solutions make missioncritical business decisions that are precise, consistent and agile.
Thousands of companies in more than 80 companies use Fair Isaac technology to acquire customers more efficiently, increase customer value and retention, reduce fraud and credit losses, lower operating costs and enter new markets more profitably. Fair Isaac was ranked as the 2006 worldwide revenue leader in the Business Rules Management Systems software market by International Data Corporation. Today, Fair Isaac’s solutions, software and consulting services power more than 180 billion smarter business decisions each year for companies worldwide. Fair Isaac clients include: nine of the top ten companies in the Fortune 500, 99 of the top 100 United States banks and half of the top 50 banks in the world, nine of the top ten United Kingdom banks, and more than 400 personal and commercial lines insurers in North America and Europe.
Option to terminate on January 14, 2014 by providing written notice and payment of a termination penalty of $918,918.
Novasoft Information Technology Corporation
Square Feet: 25,544 or the property
Lease Expiration: 2/2018
Novasoft Information Technology Corporation (“Novasoft”) provides full service consulting and outsourcing services to the financial and mortgage lending industries. Products offered by Novasoft include software for mortgage lenders and back office operations services for mortgage lenders and brokers.
Novasoft was founded in 1993 and is headquartered in Conshohocken, Pennsylvania. Novasoft has offices in Bethlehem, Pennsylvania, Des Moines, Iowa, Pleasanton, California and at the Property. Novasoft owns a controlling interest in MortgageHub, a pioneer of web service platforms in the mortgage lending industry. early 2007, through an affiliate, Novasoft acquired additional key assets and products of MortgageHub from Fair Isaac Corporation.
Option to terminate on January 14, 2014 by providing written notice and payment of a termination penalty of $514,404.