Press Releases

Intuit Teams with Construction Industry CPA Organization to Build National Network of Financial Experts
Intuit Continues to Meet Construction Industry Needs with CICPAC Alliance
SANTA ROSA, Calif. - September 26, 2002 - Intuit Inc. (NASDAQ:INTU), a leading provider of business and financial management solutions for consumers, businesses and accounting professionals, today announced it has entered into a relationship with Construction Industry CPAs/Consultants Association (CICPAC), a national not-for-profit association of CPA firms that specialize in providing financial services and consulting to construction companies. Intuit® Construction Business Solutions and CICPAC have teamed to recruit high-quality independent financial experts to serve the construction industry's financial and business management needs.

"Intuit is committed to the construction industry and committed to working with accountants, making this alliance an ideal match," said Dan Smith, creator of Master Builder and Vice President of Intuit Construction Business Solutions. "CICPAC member firms deliver the expertise and caliber of service we want to offer our customers."

As part of the relationship, Intuit and CICPAC will work together to promote the Intuit Master Builder™ Solution Provider and Certified Professional Advisor programs to CICPAC member firms. These program members are part of a national network of construction and financial experts, which provide sales, training and consulting services to construction companies in their communities. CICPAC members will receive priority application processing and program certification and training discounts.

"We are excited to work with a company like Intuit, that has a long-standing reputation for delivering successful financial management solutions. The power of the Intuit brand is what the construction industry has been waiting for," said John Corcoran, Executive Director, CICPAC. "We are pleased to be working with Intuit to deliver a high-level of expert services to this very important industry."

About Intuit Construction Business Solutions
Intuit Construction Business Solutions offers Intuit Master Builder construction management software. Acquired by Intuit Inc. (NASDAQ: INTU) in November 2001, as part of the company's "Right for My Business" strategy, to deliver small business solutions to vertical markets, Intuit Master Builder software puts contractors in command of their business by organizing it into four integrated steps: estimating, production, accounting and analysis. Designed exclusively for construction, Intuit Master Builder combines industry best practices with trade specific functions in a single integrated solution to help contractors win more profitable bids, complete jobs on schedule and collect money faster. Through a nationwide network of professional advisors, Intuit offers expert technical support, business consulting and ongoing education and training. For more information about Intuit Master Builder, please visit: http://www.sagecre.com/.

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 CICPAC
The Construction Industry CPAs/Consultants Association (CICPAC) is a nationwide network of CPA firms specifically selected for their experience in and commitment to serving the construction industry. CICPAC members combine their expertise to provide the highest-quality services to improve contractor's performance. Pencor, LLC is the managing agent of CICPAC. Pencor helps CPA firms, law firms, insurance agents, and financial planners grow their practices, and manages associations with industry niches such as construction, not-for-profit and manufacturing. For more information about CICPAC, visit http://www.cicpac.com.
 
Intuit and the Intuit logo, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Master Builder and Intuit Master Builder are trademarks of Intuit Inc. in the United States and other countries. Other parties' marks are the property of their respective owners and should be treated as such.