Senior VP, Corporate Communications
NETSUITE AND BRENNAN PARTNER TO BRING ON-DEMAND SOFTWARE SUITES TO THE MID-MARKET IN AUSTRALIA AND NEW ZEALAND
SAN MATEO, Calif. — September 16, 2008 — NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for mid-market enterprises and divisions of large companies, today announced the details of a multi-million dollar OEM ( original equipment manufacturer) agreement with the Brennan Group, a leading managed hosting and mid-market solutions provider in Australia. The partnership terms call for Brennan to extend NetSuite's integrated business management software suite — which includes customer relationship management (CRM), enterprise resource planning (ERP) and Ecommerce functionality — and launch a jointly branded solution aimed at helping mid-sized businesses in Australia and New Zealand lower IT costs and optimize their business processes.
"This OEM partnership with Brennan is key to helping NetSuite build on its position in the mid-market, where trusted vendor relationships are a critical factor influencing decision-making," said Dean Mansfield, President, Worldwide Sales and Distribution at NetSuite. "In our experience, many mid-sized businesses prefer to deal with a single trusted partner that can manage the effective delivery of a complete business solution — from customization to installation and integration — with other aspects of their operations."
"We reviewed the market carefully, and NetSuite in our view is the only vendor offering a complete and integrated on-demand business management solution that includes all of the functionality mid-sized businesses need to better manage their operations," said Dave Stevens, Managing Director of Brennan. "The integrated nature of the product is a real plus for mid-sized businesses, which often do not have the budgets or resources to effectively manage and integrate data from multiple applications. This often leads to application fragmentation and an inability to efficiently automate processes from end to end across the business, compromising growth and profitability. NetSuite solves these problems. The NetSuite partnership is an integral part of our focus on business solutions."
Founded in 1997, the Brennan Group comprises a number of technology and technology-related businesses that deliver fit-for-purpose business solutions built around the needs of the mid-market (50-500 seats). Leveraging its business expertise, deep IT capability and partnership approach, Brennan is uniquely positioned to offer the mid-market the strategic value of a business consultant, combined with the cost effectiveness, accountability and peace of mind of dealing with one provider for all their IT and telecommunications needs. Brennan's solutions include a complete range of fully managed and secure IT and telecommunication solutions, consulting and project services, technology sourcing, infrastructure integration, software development and tailored financing packages. For more information visit www.brennanit.com.au.
NetSuite Inc. is a leading vendor of on-demand, integrated business management software suites for mid-sized businesses and divisions of large companies. NetSuite enables mid-market companies to manage core business operations in a single system, which includes accounting/enterprise resource planning (ERP), customer relationship management (CRM), and ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information. For information about NetSuite Inc., please visit www.netsuite.com.au.
NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite, Inc. Other marks are the property of their respective owners.