NETLEDGER EXPANDS VERTICAL MARKET SOLUTIONS THROUGH EASY INTEGRATION WITH THIRD PARTIES
Redwood Shores, CA—Partnering for Profit Conference—April 29, 2003—NetLedger, Inc., makers of Oracle®
Small Business Suite, today announced integration partnerships
with leading vertical industry software providers targeting
markets including biotech, agriculture, residential
sales and construction, document management, and electronic
data interchange (EDI). These relationships extend NetLedger's
integrated ERP/CRM application suite to meet the specific
needs of unique industries with a pay-as-you-go utility
software model. The announcement was made today at the
company's second annual partner conference. The Oracle
Small Business Suite name is used under license from
Oracle Corporation (NASDAQ: ORCL).
"Nine months ago, NetLedger created a program to enable
partners to share in our rapid growth. To do this, we
opened our business model and technology architecture
to enable third-parties to leverage the wide-acceptance
of NetSuite," said Zach Nelson, president and CEO of
NetLedger. "These new partnerships allow us to continue
making NetSuite the world's strongest integrated ERP/CRM
solution, while enabling industry experts to extend
NetSuite for the specific needs of vertical markets."
Delivered as online services, NetLedger's NetSuite enables companies to manage all key business processes in a single, integrated system. There is no hardware to procure, no large, up-front license fee, no maintenance fees associated with hardware or software, and no complex set-ups.
In 2000, NetLedger announced first XML standard specifically
for the small to medium businesses: smbXML. This standard
allows NetLedger and other business applications to
exchange information in a common language, thus seamlessly
integrating their products to deliver greatly enhanced
business solutions. Both in-house applications developed
by customers and commercial software applications from
3rd parties can exchange real-time information securely
over the Internet with NetSuite and NetLedger's other
Leveraging smbXML, NetLedger's award-winning NetSuite
will be integrated with other industry specific solutions
and will be available to the following vertical markets:
- Agriculture - NetLedger has partnered with
Ryburn, Inc. based in Salinas, Calif., a leading provider
of technology in the agricultural vertical market.
Ryburn's extensive solutions are widely used in the
agricultural market and include specific produce inventory
management technology, cooler and logistics management,
electronic control systems, Electronic Data Interchange/XML
integration, and Satellite Systems installations (Internet-based)
with over 23 commercial satellite installations in
North America, including Mexico. Together, NetLedger
and Ryburn provide the most powerful and robust Web-based
business management application services tailored
to the agricultural industry.
- Residential Sales and Construction - NetLedger
has partnered with BuildTopia, located in Rockville,
Md. to deliver a completely integrated business management
solution to residential builders. BuildTopia provides
an online, real-time, integrated system allowing builders
to coordinate business processes and manage projects
on the Internet, and also allows them to coordinate
processes and communications with vendors, subcontractors,
architects, engineers, superintendents, sales staff,
leads, prospects and homebuyers.
- EDI - NetLedger has entered the EDI market
by partnering with Shannon Systems LLC based in Braintree,
Mass. Shannon Systems provides EDI and E-Commerce
services to end user organizations. Its flagship product,
B2BGateway.org provides organizations with a simple
and cost effective way of developing an e-commerce
solution. Through this integration, NetLedger and
Shannon Systems allow NetSuite users to conduct business
in real-time with the world's largest retailers and
- Document Management - NetLedger has teamed
up with Carlsbad, Calif.-based Document Sciences Corporation
(Nasdaq: DOCX), which delivers real-time, interactive
content processing services that content-driven organizations
depend on to realize productivity benefits, cut costs,
and increase competitiveness. Approximately 650 customers
worldwide use Document Sciences products in insurance,
banking and financial services, managed-care, telecommunications,
utilities and commercial print service bureaus. Customers
include more than 60 Fortune 500 companies.
- Biotech - NetLedger has formed an alliance
with LifeSci Technologies, located in San Clemente,
Calif., a leading supplier of information technology
based solutions to healthcare and life sciences companies.
LifeSci Technologies designs and deploys key software
infrastructure for science and regulatory compliance
solutions. The areas of science supported range from
Bioinformatics, Cheminformatics, Proteomics, and Clinical
trials to 21 CFR Part 11 and HIPAA compliance, meeting
the unique needs of each organization, enabling them
to gain a competitive advantage in their chosen markets.
Combined with LifeSci Technologies' expertise, NetSuite
can be customized and extended to meet the needs of
the biotech vertical market.
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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