Intuit To Introduce New Version Of QuickBooks For Mac

Company Announces Plan to Develop Mac OS X Compatible Version of QuickBooks

MOUNTAIN VIEW, Calif. – August 05, 2002 – Intuit Inc. (NASDAQ:INTU) today
announced a multi-year plan to develop and support a new Mac OS X
compatible version of QuickBooks=AE, the best selling small business
accounting software.

“We listened to our customers and they have spoken loud and clear. They
want a Mac OS X compatible version of QuickBooks,” said Dan Levin, vice
president and general manager of QuickBooks Financial Solutions. “We’re
thrilled to be giving customers what they’ve been asking for.”

Intuit expects to release an updated version of QuickBooks for the Mac in
Q1 2003 due to increased demand for Mac OS X compatibility. QuickBooks Pro
Edition 5.0 for Mac will be built for Mac OS X and will also support Mac OS
9. Additional product details will be disclosed at a later date.
Thereafter, Intuit expects to release a new version of QuickBooks for the
Mac on approximately an annual basis. Intuit last released QuickBooks Pro
4.0 for Mac, which the company continues to support.

“QuickBooks has always been one of the most popular applications for our
small business customers, so we are very excited about Intuit’s plans to
develop a new version,” said Phillip Schiller, Apple’s senior vice
president of product marketing.

While details about the updated product are not available today, Mac
customers can keep up-to-date on new developments and announcements by

About Intuit Inc.
Intuit Inc. (NASDAQ: INTU) is the leading provider of financial software
and Web-based services for consumers, small businesses and accounting
professionals. Its flagship products and services, including Quicken=AE,
QuickBooks=AE, Quicken TurboTax=AE and Quicken Loans=AE simplify personal
finance, small business management and payroll processing, tax preparation
and filing and home loans.

Founded in 1983, Intuit has annual revenue of more than $1 billion and
reaches 25 million customers with nearly 6,000 employees in 13 states and
four countries More information can be found at