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Intuit Unveils First National Brand Ad Campaign For TurboTax
SAN DIEGO - January 08, 2004 - Intuit Inc. (Nasdaq: INTU) has launched a multi-million dollar brand advertising campaign to educate taxpayers on the benefits of using TurboTax® software. The commercials, which begin airing this week, are created around the theme "Taxes Made Easy. Taxes Done Right." The 30-second network and cable television and radio spots focus on ease of use and accuracy, two main concerns of consumers considering using tax preparation software.

Last year, the company tested similar ads and saw a measurable lift in retail sales in those markets.

"We know that once people understand the benefits of TurboTax and how it works, they are far more likely to buy the product," said Rick Jensen, vice president of Intuit's consumer tax division. "This brand ad campaign, the first of its kind for TurboTax, is one of our major strategies for customer acquisition and growth."

Four different radio spots are tailored to target segments of potential TurboTax customers including families with children and younger males.

Consumers can see the TV ads in primetime on ABC, CBS and NBC on shows such as "The West Wing", "60 Minutes" and "NYPD Blue", as well as during national network morning shows and nightly news programs. The ads also will run on cable networks including Bravo, the History Channel and TBS. The ads also can be viewed at www.turbotax.com.

TurboTax products for 2003 are now available at retail stores nationwide including Staples, Costco, Office Depot, Office Max, Best Buy, CompUSA, Circuit City, Fry's, SAM'S CLUB, Wal-Mart, Target, Amazon.com, Safeway and Albertson's.

 
About TurboTax
Now in its 20th tax season, TurboTax continues to be the nation's No.1-selling tax preparation software program, achieving a 71 percent share of units sold at retail in 2002, according to NPD Intelect. Its Web-based counterpart, the TurboTax for the WebSM service, is also the most popular site for online tax preparation and filing services. Last year, the TurboTax family of products saved time and money for about 10 million Americans.
 
About Intuit
Intuit Inc. (Nasdaq: INTU) 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.

 
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the securities laws, including statements regarding our radio and television advertising. Actual results and events may differ materially from our expectations. Risks and uncertainties that may affect future results and events include, but are not limited to, the possibility that our advertising may not be as effective as we anticipate, causing us to modify or cancel the advertising campaign. Additional information about factors that could affect future results and events is included in our fiscal 2003 Form 10-K and subsequent reports that we have filed with the Securities and Exchange Commission. We disclaim any duty to update the information in this press release.

Intuit, the Intuit logo, and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

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