Intuit’s QuickBooks Enterprise Solutions Embraces Linux

Thousands of Mid-market Companies Using Open Source to Have Access to Powerful Business Management System


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June 13, 2007– Answering the call for an open source option from Information Technology professionals, Intuit Inc. (Nasdaq: INTU) announced today that businesses will soon be able to operate QuickBooks Enterprise Solutions® from Linux servers. It is the first time the company has made one of its products available to users of open source systems.

The offering will enable the tens of thousands of growing companies that are passionate about using open source environments to take advantage of Intuit’s award-winning mid-market system while maintaining the increased security, manageability and lower total cost of ownership of Linux. The decision to extend the offering beyond Windows, made at the QuickBooks Enterprise Solutions User Conference, is part of Intuit’s effort to continue to meet the needs of more complex businesses.

“IT professionals are an integral part of a mid-market business’ success and have shown real enthusiasm for working with the Linux platform. We are committed to giving them the tools they need to effectively serve their companies, regardless of the computing platform they prefer,” said Angus Thomson, vice president and general manager of Intuit’s Mid-Market Group. “This is a natural progression for QuickBooks Enterprise and a significant step forward for Intuit in serving growing and more complex businesses’ evolving needs.”

Until now, companies running QuickBooks Enterprise over server-based local area networks had to store the system’s database on a Windows server, even if their other applications were running on Linux. This required IT professionals to purchase and maintain a separate server for QuickBooks Enterprise, which was expensive and time-consuming. Using the new, free Linux Database Server Manager application, QuickBooks Enterprise can now reside on the same Linux server as a company’s other applications, enabling IT staff to more effectively manage their technology investments.

Responding to Customer Needs

According to IDC’s May 23, Worldwide Quarterly Server Tracker press release, businesses are increasingly adopting Linux servers. In the first quarter of 2007, Linux servers posted their second consecutive quarter of double-digit growth, with year-over-year revenue growth of 10 percent for a total of $1.6 billion. Linux servers now represent 12.7 percent of all server revenue.

“For the thousands of businesses using or considering Linux, flexibility and interoperability are extremely important as they strive to meet their IT needs with the least amount of complexity,” said Kent Erickson, vice president and general manager of Workgroup Solutions for Novell. “The fact that Intuit – a company with a long and positive track record with small and mid-sized businesses – is giving customers the option to run QuickBooks Enterprise Solutions on Linux servers is another significant indication of the value and credibility Linux brings to business.”

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