Press Releases

Intuit And FedEx Offer Discounted Shipping Services To QuickBooks Customers
Next Release of QuickBooks Software Expected to Include Built-in FedEx Shipping Services
MOUNTAIN VIEW, Calif. - September 18, 2002 - Intuit Inc. (NASDAQ:INTU) today announced an agreement with FedEx Corporate Services, Inc. to offer discounts on select FedEx Express® and FedEx Ground® shipping services to registered users of QuickBooks® and QuickBooks® Enterprise Solutions Business Management Software. In addition to the discount, Intuit plans to integrate FedEx shipping services into the next release of QuickBooks software, which is expected to be available later this year.

"Half of our 2.5 million QuickBooks customers ship on a regular basis, so it's critical to their business," said Dan Levin, vice president of QuickBooks Financial Solutions. "Teaming with FedEx is going to help our customers save potentially hundreds and thousands of dollars each year."

All registered QuickBooks users are eligible for the discount, regardless of whether they've shipped with FedEx before or not. Discounts apply to a mix of U.S. domestic and international services, including the popular FedEx Priority Overnight® and FedEx Ground® services for business-to-business shipping. There are no minimum shipping requirements to earn the discount and no limits on the savings.

"QuickBooks is a solid small-businesses management solution, so the attractive discounts for FedEx shipping services add to the business-management value QuickBooks users want," said David Payton, director of marketing for FedEx. "It also gives them the FedEx reliability and services they need for all domestic and international shipping."

Registered QuickBooks and QuickBooks Enterprise Solutions Business Management Software users can call FedEx at (888) 411-5174 to sign up for the shipping discount program. For more information, visit www.quickbooks.com/services/fedex .

About Intuit Inc.
Intuit Inc. (NASDAQ: INTU) is a leading provider of business and financial management solutions for small businesses, consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing.

Founded in 1983, Intuit has annual revenue of more than $1 billion. The company has over 6,000 employees with major offices in 11 states across the U.S. and offices in Canada, Japan and the United Kingdom. More information can be found at www.intuit.com.
 
About FedEx
With annual revenues of $21 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply-chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second-largest provider of small-package ground delivery service; FedEx Freight, the largest U.S. provider of regional less-than-truckload freight services; FedEx Custom Critical, North America's largest provider of expedited time-critical shipments; and FedEx Trade Networks, a provider of customs clearance, international freight forwarding and trade facilitation.
 
All discounts are off the published base rates and cannot be combined with any other offer or discounts. Savings do not include FedEx SameDay®, FedEx Home Delivery, International Ground, Ground Multiweight (domestic or international), Ground Distribution (Canada) or Ground service options or FedEx First Overnight® services. Savings exclusive of any FedEx surcharges, premiums or special handling fees. Rates are not available to package consolidators.

Registration required. Terms, conditions, pricing, features, and service offerings subject to change.

Intuit, Quicken, QuickBooks, QuickBooks Pro, TurboTax and ProSeries, among others, are registered trademarks and/or registered service marks of Intuit Inc. Quicken.com and QuickBooks.com, among others, are trademarks and/or service marks of Intuit Inc.