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Americans Unprepared to Document Property Losses in a Disaster; New Quicken Home Inventory Manager Provides Easy, Accurate Way to Track and Protect Belongings.

MOUNTAIN VIEW, Calif. -- Catastrophic property loss - whether from fires, floods, earthquakes, tornados or hurricanes - threatens all Americans. Hurricanes Katrina and Rita alone damaged or destroyed an estimated 350,000 homes. Yet a recent survey revealed only three in 10 homeowners and renters have taken steps that would help them verify their losses to insurers in the event of such a disaster. And nearly seven in 10 have no idea how to begin.

To help people better prepare for disaster and compile an accurate list of their belongings, Intuit Inc. (Nasdaq:INTU) today released Quicken(R) Home Inventory Manager. This new, stand-alone software package, priced at $29.99 is designed to help individuals record and safely store a complete list of their personal property along with photos and other key documentation - all in one place.

The Federal Emergency Management Agency and other government agencies urge people to prepare for property loss and damage by recording their household possessions. Having a complete, accessible record is invaluable in speeding up and receiving accurate insurance claim settlements. Yet only 30 percent of homeowners and renters are heeding this advice, according to the third Annual Quicken Financial Literacy Survey.

Disaster Planning Starts with a List

"One of the key reasons that people are not listening to the advice of FEMA and other government agencies is that they don't have a system that works for them to keep track of everything they own," said Peter Karpas, senior vice president, chief marketing and product management officer at Intuit. "We're excited to deliver Quicken Home Inventory Manager to help make it easy for people to store images and information about their possessions."

Compiling the list - from your television, stereo and jewelry to your daughter's Beanie Baby collection - before disaster strikes is essential. It may be all-but-impossible to do so in the aftermath, making insurance claims difficult.

Turning Tedium into Simplicity

Quicken Home Inventory Manager simplifies the otherwise tedious task of creating an accurate, room-by-room inventory with easy-to-use, drag-and-drop functionality.

--Flexible and easy data entry - Create records by simply pasting images into the inventory list - or create a new inventory item by simply adding the name of the item.

--Drag and drop image import - Easily attach multiple images to your home inventory list to increase authenticity of records. Add up to five images from camera memory cards, computer hard-drive files or Internet locations such as a manufacturer's Web site.

--All in one place and paperless - Scan and attach receipts, warranties and other important supporting documentation electronically. Quicken Home Inventory Manager seamlessly integrates with a scanner to store and group key documents.

--Instantly preview and print reports - The "Value Summary" report shows you at-a-glance what the contents of your entire dwelling are worth. The "Inventory Detail" report gives you a look at each item, including all the information you entered. Simply print the report when filing an insurance claim.

--Synchronization with Quicken Personal Finance Software - Get a more accurate picture of your net worth when the total value of your personal assets are integrated into Quicken Personal Finance Software 2007. You can also seamlessly migrate previously saved home inventory data from Quicken software into Quicken Home Inventory Manager.

--Local and online backup - Easily back up Quicken Home Inventory Manager data locally to your computer, an external hard drive, a flash drive or to the integrated online backup service, available at an extra charge.

Price and Availability

Quicken Home Inventory Manager is now available direct from Intuit at: www.quicken.com for $29.99.

Premium Online Backup Service

--Standard 100MB - $9.99 per year.

--Premium 1GB - $29.99 per year.

--Ultimate 10GB - $149.99 per year.

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(R), Quicken(R) and TurboTax(R) software, 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 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 United States, and offices in Canada and the United Kingdom. More information can be found at www.intuit.com

Intuit, the Intuit logo and Quicken, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.

Note to Editors: For more information about Quicken Home Inventory Manager, including screen shots, box shots and reviewer's guide, please visit: www.intuit.com/pressroom and select "Quicken Home Inventory Manager" from the Virtual Press Kits menu.
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Comment:Americans Unprepared to Document Property Losses in a Disaster; New Quicken Home Inventory Manager Provides Easy, Accurate Way to Track and Protect Belongings.
Publication:Business Wire
Geographic Code:1USA
Date:Aug 1, 2006
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