Intuit Real Estate Solutions Partners with Affordable Housing Specialty Company

CLEVELAND, OHIO -- February 4, 2008 -- Intuit Real Estate Solutions (IRES) has entered into a partnership agreement with Bostonpost Technology, a New Hampshire-based company specializing in comprehensive software, services and support for apartment units funded through affordable housing programs. IRES, a division of Intuit Inc., (Nasdaq: INTU) provides real estate management, portfolio management and accounting software solutions to the global real estate industry.

Through this partnership, IRES will be able to offer its customers a streamlined hosted solution for all of their affordable housing and tax credit compliance and administration. Solutions that are now available to IRES clients include end-to-end property management in real-time for all affordable housing types including HUD Sec 8, 202, 236, 811, USDA RD 515, Tax Credits, HOME and Public Housing units.

“We are excited about our partnership with Bostonpost because it solves a critical business challenge for our customers with affordable housing and tax credit properties,” stated Andrew Rains, vice president of global sales and marketing for IRES. “Bostonpost has provided outstanding customer service, supporting their client’s needs. We look forward to engaging IRES customers and delivering our joint offering to overcome customers' regulatory compliance challenges.”

The Bostonpost software reduces the administrative workload on property managers and increases compliance with any mix of affordable housing funding programs. In addition, it was designed from the start to handle the complex mix of funding programs that is common today, making it intuitive and easy to work with.

It also automates routine administrative processing related to leasing activities while dramatically reducing time spent on compliance enforcement, documentation and reporting to finance agencies and regulators.

Key features include:
• A fully automated tenant certification process complete with a built-in pass/fail reporting system that confirms and validates data as it is entered.
• Intelligent waitlist and turnover processing that maintains compliance by pre-selecting only applicants that are eligible for a given unit.
• Over 200 online reports that can be printed, emailed or exported to Excel, Word, PDF and text files.
• Automatic production of complete resident files and verification forms from a central document library with over 400 document templates that are printed automatically as users complete routine processing tasks.
• Comprehensive maintenance tracking and invoice processing.
• Fully Integrated General Ledger, AP, AR processing.

“As a specialist in affordable housing, all Bostonpost company resources are devoted to delivering a superior package of software and services that address the needs of affordable housing managers,” explained Dean Nicholaides, director sales and marketing at Bostonpost. “As a result, Bostonpost is known as a ‘best of breed’ solution for affordable housing that balances ease-of-use with impressive capabilities and responsive customer support services. We are excited to be joining forces with IRES, one of the best accounting and financial management systems on the market, to deliver a comprehensive solution to our clients.”

About Intuit Real Estate Solutions

Intuit Real Estate Solutions offers business management solutions to the global property management industry as well as corporate real estate managers. Offering the most flexible solutions with both outsourced hosted offerings and packaged enterprise software, Intuit Real Estate Solutions develops long-term successful relationships with its clients. The business currently has more than 4,500 installations on five continents and in 41 countries. For more information, please visit www.realestate.intuit.com. IRES is a division of Intuit, Inc. (Nasdaq: INTU).

About Bostonpost Technology

Founded in 1996, Bostonpost Technology specializes in helping property managers adopt web-based technology to reduce administrative costs associated with managing affordable housing.

About Intuit, Inc.

Intuit Inc. 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. 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. The company’s 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 $2.3 billion in its fiscal year 2006. The company has more than 8,100 employees with major offices in the United States, Canada, the United Kingdom and other locations. More information can be found at www.intuit.com.