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| H&R Block Sued Over Advertisement |
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| Intuit Says Block Violates Intellectual Property of "No More Tax Stores" Ad |
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MOUNTAIN VIEW, Calif. -
April
3,
2006 -
Intuit Inc. (Nasdaq: INTU) today filed suit in federal court against H&R Block seeking injunctive relief and a halt to a Block television advertisement that violates Intuit's intellectual property, among other charges.
The maker of TurboTax says Block in its treatment of a new advertisement willfully infringed on Intuit's copyright of its "No More Tax Stores" ad. Intuit says Block's ad copies the physical appearance, dress and mannerisms of the characters in the TurboTax ad, as well as the set, staging and pace of the advertisement.
"Our advertising for TurboTax has been very effective this season," said Brad Henske, senior vice president and general manager of Intuit's Consumer Tax Group. "So when our competitors inappropriately copy our ads, violating our intellectual property, we will fight to protect it."
In addition, Intuit charges Block with making misleading statements in the ad about services offered by both companies.
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 $2 billion in its fiscal year 2005. 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.
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