ALPHARETTA, Ga., Jan. 4 /PRNewswire-FirstCall/ -- ChoicePoint announced today it has closed its previously announced acquisition of i2, a Cambridge, England-based global provider of visual investigative and link analysis software for intelligence, law enforcement, military and large commercial applications.

The transaction included an initial payment of $90.25 million, with an earn-out of up to an additional $10 million if certain financial performance goals are met. For the full year 2005, ChoicePoint expects the acquisition to be approximately $0.02 accretive to earnings.

In announcing the acquisition last month, ChoicePoint said the addition of i2 enhances the company's analytics and distribution offerings and represents ChoicePoint's strategic expansion into international markets by offering products unrelated to the collection of data.

Founded in 1990, i2's client base includes more than 2,000 organizations in 100 countries. Its solutions are used by leading intelligence and law enforcement agencies throughout Europe, Asia, Africa, Australia and the Americas, including local, state and federal levels in the United States. More than 30 percent of the Fortune Global 100 commercial organizations are also i2 customers.

Product development, support and sales outside the United States will remain at the company's Cambridge location. U.S.-based sales and support staff will continue to be located in the Washington, D.C., area.

About ChoicePoint

ChoicePoint is the leading provider of identification and credential verification services for making smarter decisions in a world challenged by increased risks. Serving the needs of business, government, non-profit organizations and individuals, ChoicePoint works to create a safer and more secure society through the responsible use of information while ensuring the protection of personal privacy. For more information, visit the company's Web site at http://www.choicepoint.com .

Forward-Looking Statements

Certain written statements in this release and oral statements made by or on behalf of ChoicePoint may constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Words or phrases such as "scheduled," "should," "expects" or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include, but are not limited to, the following important factors: delays in the receipt of necessary regulatory approvals, the satisfaction of other closing conditions, the ability to integrate successfully this and other acquisitions, demand for ChoicePoint's services, product development, maintaining acceptable margins, ability to control costs, the impact of federal, state and local regulatory requirements on ChoicePoint's business, including the public records market and privacy matters affecting ChoicePoint, the impact of competition and the uncertainty of economic conditions in general. Additional information concerning these and other risks and uncertainties is contained in ChoicePoint's filings with the Securities and Exchange Commission, including ChoicePoint's Annual Report and Form 10-K for the year ended December 31, 2003. Readers are cautioned not to place undue reliance on forward-looking statements, since the statements speak only as of the date that they are made, and ChoicePoint undertakes no obligation to publicly update these statements based on events that may occur after the date of this news release.