Press Releases

Quicken 2005 For Mac Helps Manage Finances, Organize Lives
Express Setup Knocks Down Barriers to Using Personal Finance Software
MOUNTAIN VIEW, Calif. - August 11, 2004 - Intuit Inc. (Nasdaq: INTU) has knocked down the No. 1 barrier to using personal finance software: the time and effort associated with getting started.

Quicken 2005® for Mac introduces Express Setup, a feature that means fewer set up steps and faster downloads for customers. The product also includes a new Home Inventory feature that enables users to easily keep a digital photo catalog of their belongings. These and other new and improved features make Quicken 2005 the best tool for managing finances, as well as organizing other important aspects of life for the Mac user.

The prospect of setting up accounts and manually entering transactions has prevented many people from automating their finances. Express Setup makes setting up accounts as easy as visiting a financial institution's Web site. There are no paper statements to gather, and no tedious columns of figures to enter. Data from checking, savings, and credit card accounts downloads automatically into the program. In just minutes, users can begin tracking income and expenses, balancing accounts, paying bills and more.

Responding to Customer Requests
"We created Express Setup in response to one of the top requests of our customers: Make it easier to get up and running with Quicken," said Anouk Holleran, Intuit business leader, Macintosh products. "It also makes it easier for more financial institutions to support Quicken for Mac and offer download to their customers."

By compiling and aggregating data from multiple accounts and institutions, Quicken 2005 for Mac provides a more complete financial picture. Financial institution Web sites typically only offer an overview of individual or linked accounts, such as checking and savings.

Quicken for Mac connects readily with more than 1,100 financial institutions nationwide and provides the "big picture" needed to control personal finances. Quicken 2005 for Mac also includes an updated tax planner that easily estimates tax liabilities, helping prevent surprises on April 15. Full integration with TurboTax® (sold separately) makes transfer of relevant financial data to state and federal tax forms a breeze.

"The renowned ease of use, reliability and breakthrough performance of Mac OS X allow for an outstanding user experience," said Ron Okamoto, Apple's vice president of Worldwide Developer Relations. "With Quicken 2005 for Mac, managing your personal finances has become even easier, creating a more efficient and organized financial life for Mac OS X users."

Home Inventory is a (Digital) Snap
In addition to minding financial assets and tax liabilities, Quicken 2005 for Mac helps organize other important aspects of a customer's life. The Home Inventory feature works with Apple's iPhoto to create and maintain a photographic inventory of valuables and other non-financial assets. This utility makes cataloguing possessions as simple as snapping digital images and doing a bit of drag-and-drop. Exclusive to Quicken 2005 for Mac, this feature can help expedite insurance claims and help ensure adequate reimbursement in the event of a loss.

Product Availability and Pricing
Quicken 2005 for Mac will be widely available in retail stores on Aug. 11, 2004 or directly from Intuit at http://www.Quicken2005.com. The suggested retail price is $69.95.

 
About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses, consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax® software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation software suites for professional accountants.

Founded in 1983, Intuit had annual revenue of more than $1.6 billion in its fiscal year 2003. The company has nearly 7,000 employees with major offices in 13 states across the U.S. and offices in Canada and the United Kingdom. More information can be found at www.Intuit.com.

 
Intuit, the Intuit logo, Quicken, and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.

iPhoto is available separately from Apple as part of iLife '04.