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Contact:

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

NETLEDGER ANNOUNCES SECOND ANNUAL PARTNER CONFERENCE

Application Service Provider Holds Conference to Provide Partners an Opportunity to Learn How to Thrive for Profitability

SAN MATEO, CA, April 9, 2003—NetLedger, Inc., makers of Oracle® Small Business Suite, today announced that Partnering For Profit, its second annual partner conference, will be held at the Oracle Conference Center in Redwood Shores, California, April 28-29. The conference will provide NetLedger partners/resellers an opportunity to network and gain insights on strategy and direction in extending NetLedger application services to maximize profitability and efficiencies. NetLedger is the first hosted solution provider to establish a formal channel program. NetLedger Channel Programs are a series of three levels of partnerships - Solution Provider, Certified Consultant and Trusted Advisor - to enable influencers, advisors and resellers to offer NetLedger's widely-used hosted application services including NetSuiteT, NetCRMT and Oracle® Small Business Suite. The Oracle Small Business Suite name is used under license from Oracle Corporation (NASDAQ: ORCL). Interested partners and resellers can register for this conference at www.netledger.com/partnerconference or call 1-877-672-7827.

More than 100 partners/resellers have already registered for Partnering For Profit. Highlights will include addresses by industry luminaries and NetLedger's leading visionaries. The keynotes will include Barton Goldenberg, president of ISM Guide; Bob Scott, editor-in-chief of Accounting Technology; Michael Vizard, editor-in-chief of CRN; Evan Goldberg, founder, CTO and chairman of NetLedger; and Zach Nelson, president and CEO of NetLedger. Additionally there will be a wide range of sales, marketing and technical sessions for partners/resellers to learn more about NetLedger applications.

"Partnering For Profit is designed to provide attendees with insight into how the ASP business model can help them succeed in any business climate," said Zach Nelson, president and CEO of NetLedger. "This forum provides a great opportunity for NetLedger partners to see how they can benefit from offering next generation Web-based applications to their existing customers and future prospects."

For more information about NetSuite please visit our Web site at www.netsuite.com.

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