Precision Information Selected by Intuit to Provide New Investor's Reference Guide for Quicken 2003 Premier Software - Market Leaders Set Sights on Growing Need for Financial Education

August 22, 2002 (Madison, Wis.) - To help fill the growing demand of financial education in today's volatile investing climate, Precision Information (www.precision-info.com), a leading provider of financial education materials, announced today that it has developed a new interactive Investor's Reference Guide with Intuit Inc. (NASDAQ: INTU), the leading provider of financial software and Web-based services for small businesses, consumers, and accounting professionals, which will be included in certain of Intuit's Quicken® 2003 software products.

Created by Precision Information, the new Investor's Reference Guide, will be a key feature in Intuit's new Quicken 2003 Premier and Quicken 2003 Premier Home & Business software products. Quicken 2003 Premier helps users optimize their investment portfolios with insightful and effective tools. Quicken 2003 Premier Home & Business contains everything found in Quicken 2003 Premier and provides additional tools to help users better manage their business finances. The Guide offers instant access to Precision Information's easy-to-use and informative interactive investment education tutorials to help make investors more aware and knowledgeable of investing and the investment process.

"Many people simply don't understand the financial markets well enough to make informed investing decisions," said Roy Rosin, general manager, Quicken. "In the current challenging economic climate, that lack of knowledge has caused many costly mistakes significantly impairing investors' portfolio returns and net worth."

Ed Harris, a co-founder of Precision Information agrees. "When it comes to managing your money effectively, what you know can make the difference between a great return and a big loss. The Investor's Reference Guide we developed for Intuit helps provide people with the knowledge needed to make wise investment decisions."

Precision Information provides interactive financial education materials and tools to market-leading clients like Intuit, Ameritrade, New York Life, Morningstar, and Bob Brinker's Money Talk. Precision Information's flagship software product The Encyclopedia of Personal Finance^TM contains thousands of interactive tutorials, articles, and an extensive glossary of terms. The customizable Encyclopedia is the most comprehensive source of financial education materials available today. Content from the Encyclopedia was used to develop the Investor's Reference Guide for Intuit.

"In the late 1990s, millions of people opened new accounts and began trading aggressively. They bought lots of tech stocks, saw huge gains, and figured they knew what they were doing," Joe Saari, President / CEO / co-founder of Precision Information, said. "Then came the tech blow-out, followed by recession, and the recent stock market tumble. Suddenly, these investors realize that they need a lot more know-how if their portfolios are going to survive and thrive in the future."

Saari, a Registered Investment Advisor and member of the Governor's Task Force for Financial Education in the State of Wisconsin, started Precision Information with Harris in 1998. Saari says he was inspired to create Precision Information because of the lack of comprehensive, objective, and easy-to-use information resources for investors.

"There's a lot of information out there, but it's spread out all over the place. What's more, much of it is either too complex for most investors to understand, or it is colored by somebody's personal opinions or biases," he said. "Intuit and Precision Information are trying to do something about it."

The Investor's Reference Guide will be available to all Quicken 2003 Premier software customers. For a limited time, Quicken Premier users can also receive $20.00 off the The Encyclopedia of Personal Finance^TM when they order it online at www.precision-info.com/intuit.

About Precision Information

Precision Information (PI) is a rapidly growing personal finance software company devoted to developing and distributing innovative educational software and online applications for the financial services market. PI provides efficient, effective, and affordable financial education tools and learning systems to serve the needs of financial service firms, financial professionals, students, individual investors, and independent learners alike.

For more information about Precision Information or the The Encyclopedia of Personal Finance^TM call Precision Information at 888-345-1285, or log on to the company's Web site at www.precision-info.com. Intuit and Quicken, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.