Contact:
Mei Li
Senior VP, Corporate Communications
NetSuite Inc.
Phone: 650.627.1063
E-mail: meili@netsuite.com

NETSUITE CONFERENCE SPOTLIGHTS KEY PARTNERS DRIVING GROWTH OF INDUSTRY'S LEADING CLOUD COMPUTING PLATFORM

Annual Conference to Showcase Latest Third-Party SuiteApps, Detail Major New Program for Channel Businesses Eager to Ride the NetSuite Cloud

Leaders in Cloud Computing to Converge April 14-16 in San Francisco

SAN MATEO, Calif. — March 9, 2010 —NetSuite Inc. (NYSE: N), a leading vendor of cloud computing business management software suites, today announced the details of its upcoming partner conference, SuiteCloud 2010, which will bring together luminaries in cloud computing with a diverse ecosystem of partners — from solution providers to developers to independent software vendors (ISVs) to system integrators (SIs). SuiteCloud 2010 will be held April 14-16 at the InterContinental Hotel in San Francisco and will focus on how the NetSuite cloud ecosystem can power the changing business models for resellers and how it can foster the industry's most sophisticated third-party applications. For more information about SuiteCloud 2010, please visit www.netsuite.com/SuiteCloud2010.

Value-added resellers (VARs) from both the on-premise and Software as a Service (SaaS) worlds will learn how to elevate and modernize their businesses with the mounting strength of cloud computing. Developers can explore new opportunities to reach vertical markets through the cloud and NetSuite's robust, powerful enterprise computing platform. SuiteCloud 2010 will feature sneak previews of upcoming innovations in cloud computing and the NetSuite solution, hands-on best practices instruction, and demos of successful extensions to the NetSuite platform, as well as networking opportunities with the global NetSuite community of partners and experts.

As cloud computing becomes the clear way forward in enterprise software, VARs and solution providers who have built their business around on-premise solutions face shrinking opportunities and a constraining business model. SuiteCloud 2010's goal is to guide channel partners to new strategic options, before outmoded approaches stifle their future business opportunities.

"We believe that this is the year the channel will transition their business model from selling archaic on-premise software to selling cloud-based suites," said NetSuite CEO Zach Nelson. "If traditional VARs don't change to meet the demand for cloud computing solutions, they could go out of business."

NetSuite's cloud computing portfolio offers unique advantages to VARs, ISVs and SIs looking to modernize and grow their business. As the world leader in cloud computing business suites, NetSuite has unmatched depth of functionality, a robust development platform and wide coverage of several key industry verticals. Prospective NetSuite channel partners can discover the significant business opportunities and channel programs available from the vendor of the world's leading enterprise suite cloud platform. Independent developers can preview upcoming technology innovations and future platform enhancements, and strengthen ties with NetSuite sales representative and account executives. Established systems integrators can learn of new consulting opportunities to incorporate the cloud into their process-focused practices. All participants will walk away from the intense three-day session with a deeper understanding of the NetSuite ecosystem.

SuiteCloud 2010 will further demonstrate why NetSuite's approach to cloud computing is gaining increased traction as the preferred deployment model for business applications. Last summer, Gartner Dataquest released figures showing that NetSuite has joined the ranks of North America's top ten ERP vendors by revenue. IDC awarded NetSuite its SMB Excellence Award in Software as a Service and Cloud Computing. Strategic advisory service ISM Inc. recognized NetSuite and NetSuite CRM with a Top 15 CRM Small & Medium Business Software Award for 2009. Customer Interaction Solutions magazine named NetSuite CRM as a recipient of a 2009 CRM Excellence Award. And British businesses named NetSuite the top Enterprise Accounting Software vendor in Sift Media's Software Satisfaction Awards 2009.

For more information about NetSuite Inc., please visit www.netsuite.com.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

 


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