Mountain View, Calif. (July 10, 2003) -- Intuit's Quickbooks Online package grew by more than 200 percent over the past year, and expects to reach 10,000 subscribers by the end of July, the company announced Wednesday.

The company said its research shows that the increase in subscriptions is due partly to strong word of mouth from current users, and that most turn to the Web because they want to have access to their books from multiple locations or give access to more than one person.

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