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

NETSUITE NAMED BEST CLOUD APPLICATION AT UK CLOUD COMPUTING WORLD SERIES AWARDS

LONDON —12 August 2010 —NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that NetSuite has been awarded Best Cloud Application at the Cloud Computing World Series Awards 2010, which took place recently in London. NetSuite was voted the best cloud application by a panel of leading independent experts, beating out several other vendors to win the award. For more information about NetSuite's awards, please visit www.netsuite.com/awards.

The Cloud Computing World Series Awards are designed to showcase the full cloud computing supply chain, including vendors, suppliers, integrators and end-users to offer a complete view of the industry. Hundreds of entries were received for this year's awards, with a shortlist of three decided upon for each category by an independent panel of judges, including leading journalists and analysts from the IT community. For more information on the awards, please visit: http://cloudwf.com/awards.

Cloud Computing World Series Award judge, John Chapman, Editorial Director for IT Europa, commented that NetSuite is "a real market leader."

The criteria for the Best Cloud Application award examined the extent to which an application's architecture leverages the cloud, eliminating the need to install and run the application on the customer's own computers, thus alleviating the burden of software maintenance, ongoing operation and support.

"The UK technology industry has once again recognised NetSuite a leading choice for cloud-based business software," said Steve Sydes, Managing Director for UK and EMEA, NetSuite. "Given the breadth of experience of the judging panel, and the calibre of the other nominees, we're extremely proud to have won this award. It demonstrates just how well the NetSuite application has grown and evolved over the years to meet the needs of our customers."

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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