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Technology Stocks : Intuit -- What's Its Future? -- Ignore unavailable to you. Want to Upgrade?


To: robert scheb who wrote (1189)5/28/1998 2:15:00 AM
From: chirodoc  Respond to of 1546
 
MOUNTAIN VIEW, Calif., May 26 /PRNewswire/ -- Marimba(TM), Inc. today announced that Intuit Inc. (Nasdaq: INTU), a world leader in financial software and Web-based services, has selected Marimba's Castanet(TM) application distribution and management (ADM) technology for use with certain products as Intuit expands the Internet-related products and services it offers to millions of customers worldwide. As a comprehensive ADM solution, Castanet was created to help companies worldwide overcome the challenges they face in deploying and maintaining applications, data and services over any network, to any endpoint.

Marimba's Castanet is a field-proven solution that allows companies, such as Intuit, to quickly and easily extend the reach and capabilities of existing or planned applications. It effectively exploits the potential of the Internet as a platform for distributing, managing and updating software. Both Intuit and Marimba will announce specific applications and functionality at a future date.

"We selected Marimba's Castanet software as an important part of our commitment to continue to deliver the best personal financial management solutions that allow people to make the most of their money," said Bill Harris, executive vice president of Intuit Inc.

"Intuit has an established reputation as a company that has revolutionized the way people manage their financial lives," said Kim Polese, president and CEO of Marimba, Inc. "As Intuit looks to the future and for new ways to leverage the inherent immediacy of the World Wide Web in its products, we are delighted to have been selected as their technology partner



To: robert scheb who wrote (1189)5/29/1998 1:08:00 AM
From: chirodoc  Read Replies (1) | Respond to of 1546
 
Quicken InsureMarket Continues Nationwide Roll Out of Advanced Internet Auto Insurance Service
Business Wire - May 28, 1998 10:47

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 28, 1998--
Missouri, Indiana Part of Select Group of States With Access; Illinois, Ohio To Get Service Within Weeks

Intuit, Inc. (NASDAQ: INTU) announced today that its Quicken InsureMarket(TM) Web site (http://www.insuremarket.com) is now providing online auto insurance purchasing services in Indiana, Missouri, Nebraska and Wisconsin, continuing the national roll out of the service. Consumers in these states are part of the second group in the nation to receive access to the service, which was first introduced in Alabama in February.

"Quicken InsureMarket's auto insurance service represents the next generation in online insurance because it offers more than just rate quotes or the ability to submit an online application -- it allows consumers to complete an application and proceed through a transaction to accept and pay for coverage," says Steven Aldrich, president of Intuit's Interactive Insurance Services (IIS) subsidiary. "We expect to expand the service into many new states throughout the summer and fall, as well as add several new insurance carriers."

Illinois and Ohio are expected to be among the states where Quicken InsureMarket's online auto insurance purchasing services will be introduced next. The introduction is scheduled to occur within several weeks.

Travelers Property Casualty, through Travelers Indemnity and its affiliates, is the first carrier to introduce auto coverage through the Quicken InsureMarket service. Electric Insurance Company and InsureDirect have also announced plans to begin offering auto insurance on the site later this year.

In order to offer its auto insurance services, the Quicken InsureMarket service interacts with an insurer's database to produce an individualized rate quote in real-time; verifies driving records with states while a transaction is being processed online; facilitates online payment; provides immediate notification to approved consumers (when the conditions set by each insurer are met); and enables coverage to commence as soon as after midnight of the following business day.

Quicken InsureMarket is the leading insurance site on the Internet, with participation from major, national insurance carriers, and the ability to offer real-time rate quotes and online payment options, which can speed the process of buying insurance. The full-service site also features a library of educational material so consumers can learn more about insurance, as well as interactive insurance planning tools and information from independent insurance experts.

Insurance providers participating in the Quicken InsureMarket service include: the Allstate Insurance Company, Electric Insurance, InsureDirect, John Hancock Financial Services, Lincoln Benefit Life, MetLife, Ohio National Financial Services, Prudential Insurance, State Farm Insurance, Transamerica Occidental Life Insurance Company, Travelers Property Casualty and Travelers Life & Annuity, UNUM and Zurich Direct.

Intuit's IIS subsidiary or its designated employees are licensed as insurance agents for life and health in 50 states and Washington, D.C., and as agents for property and casualty in 49 states and Washington, D.C. IIS also associates with licensed resident agents in those states where insurance transactions must be conducted with or through resident agents.

Quicken InsureMarket is part of Quicken.com (http://www.quicken.com), which provides individuals with information and software tools to help them make better financial decisions. It then provides links to leading financial service providers so consumers can implement those decisions more conveniently than ever. Quicken.com content is also offered at some of the most widely accessed sites on the Internet, as the exclusive provider of personal financial tools on such sites as CNNfn (http://www.cnnfn.com/quickenonfn) and Excite (http://quicken.excite.com). Quicken InsureMarket is also a primary source of content and programming on the Insurance Center on America Online.