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

NETSUITE® RECEIVES 2006 PRODUCT OF THE YEAR AWARD FROM COMMUNICATIONS SOLUTIONS

NetSuite Honored for Outstanding Innovation

SAN MATEO, Calif. — May 10, 2007 —NetSuite announced today that Technology Marketing Corporation's (TMC) Communications Solutions (www.tmcnet.com/comsol) has named NetSuite as a recipient of a 2006 Product of the Year Award. This is another award added to the growing list of industry accolades NetSuite has received this year. For more information on NetSuite's board of directors please visit: www.netsuite.com/awards.

"NetSuite has been recognized with a 2006 Product of the Year Award for their excellence in technological advancement and application refinement," said Rich Tehrani, TMC President and Group Editor-in-Chief of Communications Solutions. "NetSuite has proven they are committed to quality and excellence in solutions that benefit the customer experience as well as ROI for the companies that use them. I am pleased to honor their hard work and accomplishments and look forward to more innovative solutions from them in the future."

The seventh annual Communications Solutions Product of the Year Award recognizes the vision, leadership and attention to detail that are the hallmarks of the prestigious award. The most innovative products and services brought to market in 2006 have been selected as recipients of this year's Communications Solutions Product of the Year Award for their groundbreaking achievement.

The 2006 Product of the Year Award winners can be found on the Communications Solutions Web site.

NOTE: NetSuite and the NetSuite logo are service-marks of NetSuite, Inc.

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