Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
NetLedger Expands With 15% Work
Force Growth and 3 New Regional Sales Offices
SAN MATEO, Calif., May 10, 2002 - NetLedger,
the company that powers the Oracle® Small Business
Suite, today announced it is expanding its work force
by 15 percent and opening three new regional sales offices
to accommodate growing demand for its offerings. The
Oracle Small Business Suite has seen triple-digit growth
in adoption and users over the last year.
As part of the expansion, three new regional
sales offices have been opened in Phoenix, Arizona;
Portland, Oregon; and Seattle, Washington -- locations
where small to mid-size businesses represent a large
percentage of the regional economy. Additionally, positions
have been created in all areas of the company's San
Mateo, CA headquarters to meet the demand for the company's
small business management software.
"Small and mid-size businesses everywhere
are finding out that they can run their businesses more
effectively with the Oracle Small Business Suite," said
Evan Goldberg, CEO of NetLedger. "We are growing our
team to meet the increasing demand and continue to provide
an industry-leading service."
About the
Oracle Small Business Suite
The Oracle Small Business Suite is one completely integrated
application to help small businesses manage all their
business processes more efficiently and effectively,
including accounting and finance, sales and service,
Web presence, and employee management. Companies can
save time and money and get unprecedented insight into
their operations by utilizing one centralized and up-to-date
database, ending the headache of using multiple incompatible
applications. With anytime, anywhere Web access, the
award-winning solution is the first and only multi-user,
multi-location complete small business management solution.
For more information about NetSuite
please visit our Web site at www.netsuite.com.
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