Quicken Offers up to $50 Savings; Invitation to Microsoft 'Money' Customers

Offer Will Help 'Money' Customers Continue Meet Their Financial Goals

SAN DIEGO--(BUSINESS WIRE)-- As part of a new promotion, Microsoft Money users can save up to $50 on Quicken desktop personal finance software purchases through July 31, 2009. The offer from Intuit Inc. (Nasdaq: INTU) follows Microsoft's announcement that it is discontinuing "Money," its competing product, at the end of the month.

"We have a permanent home for Money users at Quicken, and we're committed to helping them meet their long-term financial goals," said Todd Stanley, vice president and general manager for Quicken. "People have a lot of choices today when it comes to managing their money. For more than 25 years, Quicken has been the leader in personal finance and we will continue to provide easy-to-use products that help Americans spend smarter and save more."

The limited-time offer includes $20 savings on Quicken Deluxe (available for $39.99 with the discount), $30 on Quicken Premier ($59.99), $30 on Home & Business ($69.99) and $50 on Rental Property Manager ($99.99).

Quicken is working with Microsoft to create and release an easy-to-use file conversion tool so current Money customers can quickly and completely transfer their data into Quicken. That tool should be done by the release of Quicken 2010 in the fall.

Further information on this offer is available at http://www.quicken.com/money.

About Intuit Inc.

Intuit Inc. (Nasdaq: INTU) is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Our flagship products and services, including QuickBooks(R), Quicken(R) and TurboTax(R) , simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries(R) and Lacerte(R) are Intuit's leading tax preparation offerings for professional accountants. Our financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.

Founded in 1983, Intuit had annual revenue of $3.1 billion in its fiscal year 2008. We have approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at http://www.intuit.com.

    Source: Intuit Inc.

Released June 16, 2009