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AW Perry Gains Efficiencies with MRI Commercial

CLEVELAND, OHIO -- July 23, 2007 -- AW Perry, Inc., an owner/manager of commercial space in the Boston-area for more than a century, has implemented Intuit Real Estate Solutions (IRES) MRI Commercial software solution to consolidate critical information into one system while standardizing their accounting practices. IRES, a division of Intuit Inc., Nasdaq: (INTU), develops property management software for the global real estate industry.

In addition to MRI Commercial, AW Perry will utilize a number of IRES solutions including Accounts Payable, General Ledger, JobCost, ForeSight budgeting tool, ViewPoint (an asset management module) and Corporate Accounts Receivable.

“This installation takes our accounting capabilities to a new level,” said Mark Flaherty, chief financial officer of AW Perry. “Before this, our varied properties were managed through a number of disparate systems. IRES’ program, on the other hand, captures everything we need in one place.

“We evaluated several other programs on the market, but nothing met our needs like IRES. We were drawn to the depth and breadth of this solution,” Flaherty said, “including the budgeting and forecast modules, property management tools and general ledger package. It all works for us.”

AW Perry can now follow the process all the way through forecasting and billing to financial statements and receivables.

Tenant rolls, for instance, now provide an up-to-date view of what space is occupied. “Because the SQL database in MRI Commercial presents all of AW Perry’s information in real-time, we can be confident in the data and make smarter and faster decisions.

“The powerful reporting in this system also enables us greater access to information on the building level, something we weren’t able to easily capture before,” added Flaherty.

The quality service provided by IRES’ consulting team has been just as beneficial to AW Perry as the solution itself.

“The consulting team is very knowledgeable; they truly understand our business. During installation and start-up, they frequently utilized creative thinking to determine how the IRES solution could be sculpted to meet our needs for all aspects of our business. It has been a very positive experience,” Flaherty concluded.

“AW Perry demonstrates that software and services need to work in conjunction to help property management companies achieve the highest value from their solutions,” said Jeff Thompson, division president of IRES. “We combine deep software functionality to work the way our clients do along with a highly-experienced consulting team that tailors the software to their business operations. It’s a win for everyone.”

For more information about IRES or to schedule an interview with an IRES executive, contact Don Canfield or call (303) 684-0300 Ext.123.

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 AW Perry

A.W. Perry is a privately owned real estate firm that has provided the highest level of quality, service and value to its clients for over 120 years. Known for establishing and nurturing long-standing business relationships, Perry maintains a reputation of strength, stability and integrity. Using its capability and experience to interpret trends and identify opportunities, A. W. Perry has established a portfolio of commercial and industrial property, as well as a significant inventory of developable land. Perry properties are chosen to serve business needs over the long term and to accommodate the growth required to maintain an enduring competitive edge. Perry also has a proud history in residential development. Please visit www.awperry.com. for more information.

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.

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