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Intuit To Add New Web Services To QuickBooks® Site Builder To Help Small Businesses Win On The Web
Eight New Alliances Offer Content, Marketing and Design Tools for Small Business Sites
MOUNTAIN VIEW, Calif. - March 16, 2000 - Intuit Inc. (NASDAQ:INTU) today announced eight new alliances that will extend the capabilities of QuickBooks® Site Builder, the recently launched Web site creation and management tool featured in QuickBooks 2000 accounting and small business management software. The alliances with Critical Path, Internet Names Worldwide, iQ.Com, MadeToOrder.com, Photos to Go, Switchboard, Superfast Label Service and Web Site Pros are designed to provide small businesses with enhanced Web design, content and marketing tools. When released, these tools will help small businesses easily operate, build and promote their business on the Web, potentially resulting in increased revenues from e-commerce products and services.

Intuit has already helped tens of thousands of small businesses get onto the Web since the introduction of QuickBooks Site Builder this past January 5. The new capabilities are expected to make QuickBooks Site Builder sites more powerful e-commerce tools and to help small business owners take even better advantage of the Web. These alliances demonstrate that Intuit is making progress towards its strategy of helping small businesses get onto the Web and use their Web sites to manage communications with customers, suppliers and employees.

"QuickBooks Site Builder is helping small businesses establish themselves on the Web by making it easy to create, edit and maintain a well-designed Web presence," said Dan Nye, vice president of QuickBooks Internet Solutions. "By teaming with these new companies to deliver Web design, content and marketing enhancements to their Web sites, Intuit will provide small businesses with the Internet business tools and services that have traditionally been available only to larger companies."

New QuickBooks Site Builder Services & Features
The new QuickBooks Site Builder services and functionality are expected to be available beginning in the spring and summer. Optional services may require additional subscription or service fees.

  • Direct Marketing Services - Through an exclusive promotional agreement with iQ.Com, Intuit will provide its QuickBooks Site Builder customers with the ability to implement smart marketing solutions to generate customer interaction and brand loyalty with existing and prospective clients.
  • Unique Web Site Address - Branding a business is important to small and big business alike. Working with Internet Names Worldwide (wholly owned by Melbourne IT Limited, a publicly traded entity), QuickBooks Site Builder customers have the ability to research and register a unique Web address (.com, .org or .net domain name) for their small business site.
  • New Professional Designs - Website Pros will provide QuickBooks Site Builder customers with additional Web site designs. These designs are a key component of a broader set of offerings from Website Pros' full-service Web site development and consulting services.
  • Professional Photography - Photos to Go will allow QuickBooks Site Builder customers to customize their Web sites with unique and professional-quality photos and images, including vertical and industry specific images.
  • Maps & Direction Capabilities - Switchboard will allow QuickBooks Site Builder customers to post online maps and directions to their businesses. Additionally, Intuit plans to work with Switchboard to provide QuickBooks Site Builder customers with vertical industry content.
  • Enhanced Email Capabilities - Critical Path will provide one of the most advanced Internet messaging and collaboration solutions including Web-based, POP3, and IMAP4 email, Internet fax services and directory solutions to QuickBooks Site Builder customers. The service may also include integrated calendaring.
  • Web Site Promotional Material - Superfast Label Service will provide promotional labels and accessories that QuickBooks Site Builder customers can use to promote their Web sites to existing and prospective customers.
  • Promotional Products - MadeToOrder.com will provide the leading Web-based solution for purchasing promotional products. The service will allow QuickBooks Site Builder customers to order top brand logo merchandise, through a simple Web interface, and have it delivered in ten days or less.
 
About Intuit
Intuit Inc. (NASDAQ:INTU) is the leader in e-finance, including financial software and Web-based financial services for consumers and small businesses. Intuit develops and markets QuickBooks®, the most popular small business accounting software; Quicken®, the leading personal finance software; and TurboTax®, the best-selling tax preparation software. An innovator in delivering Web-based financial tools, Intuit is the leading provider of online tax preparation and filing and online mortgages.

Intuit's QuickBooks.comTM Web site (www.quickbooks.com) is a leading small business financial site, offering information and tools regarding QuickBooks and small business. Intuit's products and services enable individuals, and small businesses to better manage their financial lives and businesses.

 
This press release includes "forward-looking" statements about future financial results, future products and services or other events that have not yet occurred, including but not limited to statements regarding third-party relationships relating to Intuit's QuickBooks and/or Site Builder software and/or related Web sites ("QuickBooks Properties"). For example, statements in the future tense, and statements such as we "expect," we "anticipate" or we "believe" are forward-looking statements. Investors should be aware that actual results may differ materially from Intuit's expressed expectations because of risks and uncertainties about the future. Intuit will not necessarily update the information in this press release if any forward-looking statement later turns out to be inaccurate. Risks and uncertainties that may affect future results and performance include following: The proposed technology and services still need to be completed and/or integrated with QuickBooks Properties, and are subject to risks and uncertainties involved in the product development process, including technological difficulties and possible delays. The proposed services are subject to competition via other software, the World Wide Web or other traditional means. The anticipated benefits of the proposed services to Intuit will depend on a number of variables, including the rate at which customers upgrade to the QuickBooks 2000 and future versions of the product and/or adopt Site Builder software, customer acceptance of the proposed services, and the level of satisfaction of third party participants. Intuit cannot predict these upgrade, adoption and acceptance rates. Customers may not adopt the services in sufficient numbers, and advertisers may not purchase advertising or sponsorships in sufficient levels, for Intuit to reach anticipated revenue levels. Additional information about factors that could affect future results and events is included in Intuit's fiscal 1999 Form10-K and subsequent reports filed by Intuit with the Securities and Exchange Commission.

Intuit, the Intuit logo, Quicken, QuickBooks, and TurboTax, among others, are registered trademarks or service marks of Intuit Inc.

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