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iPlace Teams With Quicken Loans to Give Homebuyers Access to Neighborhood Home Information.

Business Editors/Real Estate Writers

BRISTOL, Penn.--(BUSINESS WIRE)--June 12, 2000

iPlace's HomeRadar.com Service Links Home Property Values and

Mortgage Information; MapQuest.com To Provide Neighborhood Mapping

iPlace, Inc., a leading Internet Infomediary which provides infrastructure to thousands of web partners including Yahoo!, Microsoft and Intuit, today announced that its HomeRadar.com service has formed a relationship with Intuit's (Nasdaq:INTU) Quicken Loans and MapQuest.com, Inc. (Nasdaq:MQST) to help consumers get the most from their home buying research.

Visitors to Quicken Loans (www.quickenloans.com) will now have direct access to HomeRadar.com's extensive database of home prices. By simply entering the street address and zip code (or city and state) of a home, users will discover what homes are selling for in their current or future neighborhood. This free service helps consumers learn how home values have changed in the last year or check if the asking price is fair for their future home in a specific neighborhood.

Once users determine a loan value or a neighborhood that best suits their needs on HomeRadar.com, they can easily access Quicken Loans to compare a variety of loan options, get pre-approved, and fill out a loan application directly online. Quicken Loans users work directly with a team of mortgage specialists (via email, fax, and telephone) during every step of the process, giving them greater confidence as they make a critical financial decision, while also reducing the time, cost and complexity of the mortgage process.

MapQuest.com, the leader in online destination solutions, is being integrated into HomeRadar.com and Quicken Loans to provide users with the property's physical location. The free mapping service also allows users to view the results of their neighborhood sales data in relation to the search property. Visitors can map up to seven properties at a time, with each property identified by a corresponding number from the search results. Once a map is displayed, visitors can change the scale to see greater detail or view surrounding areas.

"The infrastructure we provide to online companies enables them to better service their own customers. Together with Quicken Loans and Mapquest.com, we are empowering consumers throughout the country with the ability to make better informed home buying decisions," says Stu Siegel, president and CEO of iPlace. "The ability to analyze home prices with demographics, mapping plus mortgage services, provides a vehicle for homeowners to get involved in the purchase of a home with much more information than could be had in the past. That's a win for all involved."

"We are dedicated to providing our customers with a world-class home financing experience," said Daniel Gilbert, CEO of Quicken Loans. "By linking directly to iPlace's HomeRadar.com and MapQuest.com, visitors to Quicken Loans now have a valuable resource to help them research new neighborhoods."

About iPlace, Inc.

iPlace, Inc. is a leading Internet Infomediary, providing the infrastructure for businesses to facilitate transactions by supplying their customers with instant access to their credit, home, neighborhood and other personally relevant content. The company's infrastructure has registered and facilitated transactions for more than one million users to date. In addition, iPlace products are utilized by more than 40,000 affiliate websites and over 65,000 paying business subscribers. Strategic relationships include Yahoo!, Microsoft, Intuit, Wells Fargo, NextCard, E-Loan, CBS Marketwatch, Priceline.com, First Union Bank, Mellon Bank and OnMoney.com, among many others. Through its family of Web products (ConsumerInfo.com, HomeRadar.com, QSpace.com, eNeighborhoods.com and freecreditreport.com), iPlace receives more than three million unique visitors per month. iPlace will soon launch iPlace.com, the web's definitive source for personal information management.

About Quicken Loans

Quicken Loans (www.quickenloans.com), a leading provider of direct-to-consumer home loans on the Internet, offers mortgages in all 50 states and provides a wide variety of home financing options including conventional, sub-prime, home equity, government, and jumbo loans. The company originated nearly $3.5 billion in mortgage loans over the past 12 months.

Quicken Loans uniquely combines cutting-edge technology and high touch personal service to give consumers a convenient one-stop home and mortgage shopping experience on the Internet. At Quicken Loans, consumers can compare a variety of home loan options and receive online pre-approvals based upon their personal financial criteria as well as track the status of their loan application and print loan documents directly from the site. More than 400 experienced loan professionals located in the Quicken Loans' state-of-the-art Web/Call Center work directly with consumers throughout the entire process, while the Web site educates and empowers consumers through timely interactive tools and information related to the home financing process. Quicken Loans is a wholly owned subsidiary of Intuit Inc.

About Intuit

Intuit Inc. (Nasdaq:INTU) is the leader in e-finance, including financial software and Web-based services. Intuit develops and markets Quicken(R), the leading personal finance software; TurboTax(R), the best-selling tax preparation software; and QuickBooks(R), the most popular small business accounting software.

Intuit's Quicken.com(R) Web site (www.quicken.com) is a leading financial Web site, offering a comprehensive set of financial news, information and tools, including insurance, mortgage, investment and tax preparation services. Intuit's products and services enable individuals, small businesses and financial professionals to better manage their financial lives and businesses.

About MapQuest.com, Inc.

MapQuest.com, Inc. is a leading provider of online destination information solutions for businesses and consumers. Through licensing agreements, MapQuest.com helps businesses integrate maps and driving directions into their Internet, intranet and call center applications for improved marketing and customer service functions. MapQuest.com is also a premier supplier of digital mapping products and services. MapQuest.com has a diverse network of over 1000 business partners, including AOL Digital City (NYSE:AOL), CitySearch (Nasdaq:TMCS), Lycos (Nasdaq:LCOS), InfoSpace (Nasdaq:INSP), Excite@Home (Nasdaq:ATHM), Travelocity (NYSE:TSG), Bank of America (NYSE:BAC), Blockbuster and Dayton Hudson (NYSE:DH).

Note to Editors: Intuit, the Intuit logo, Quicken, QuickBooks, QuickBooks Pro, TurboTax, ProSeries, Pocket Quicken and InsureMarket, among others, are registered trademarks and/or registered service marks of Intuit Inc. or one of its subsidiaries. Quicken.com, QuickenStore, QuickenMortgage, Quicken Loans and WebTurboTax, among others, are trademarks and/or service marks of Intuit Inc. or one of its subsidiaries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.
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Publication:Business Wire
Date:Jun 12, 2000
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