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Intuit Real Estate Solutions’ Zhen Tao Joins OSCRE’s Board of Directors

CLEVELAND — May 14, 2009 — Zhen Tao, vice president of global product management for Intuit Real Estate Solutions, has joined the board of directors at the Open Standards Consortium for Real Estate.

Tao currently leads the global product management group at IRES, a division of Intuit Inc. (Nasdaq: INTU) that develops innovative real estate management software solutions for the global real estate industry. OSCRE establishes global standards for exchanging electronic real property information and gaining their adoption.

As a member of OSCRE since its inception, IRES has long recognized the organization’s value and has had an employee on the board since its founding.

“Today’s global real estate industry is exceedingly complex,” said Tao. “Different companies have different software from different providers. We must bridge these differences and efficiently communicate not only across continents, but across technologies. Like OSCRE, I’m committed to making that happen in a way that benefits both the service providers and those who buy their systems. That’s how we’ll help the industry continue growing.”

Tao has more than 13 years of experience leading enterprise software product, service and marketing organizations. His previous experience includes positions at Audatex, a leading insurance software provider, and Softbook/Gemstar-TV Guide. Before that, Tao was a development manager with Oracle/PeopleSoft and a lead consultant with Techexcel, where he provided software architecture and application development consulting for ADP, Lockheed Martin and Harbinger.

Tao holds an MBA in management and finance from the Wharton School, University of Pennsylvania, a master’s degree in computer science from Kansas State University and a bachelor’s degree in physics and computer science from Peking University.

About Intuit Real Estate Solutions
Intuit Real Estate Solutions offers business management solutions to the global property management industry as well as to 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.

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 $3.1 billion in its fiscal year 2008. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom and other locations. More information can be found at www.intuit.com.

Intuit was named the “World’s Most Admired Software Company” by Fortune Magazine in 2009, in addition to being named “America's Most Admired Software Company,” from 2005 – 2008. In January, Intuit was named to Fortune’s “100 Best Companies to Work For” list for the eighth consecutive year.

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