Senior VP, Corporate Communications
NETLEDGER GOES TO AUSTRALIA WITH
Leading CRM and ERP Application
Service Provider Partners with Net Return to Deliver
NetSuite to the Australian Business Market
Sydney, Australia, May 15, 2003 - NetLedger, Inc.,
makers of Oracle® Small Business Suite, today announced
a strategic partnership with Net Return, the leading
online service provider in Australia, to bring NetLedger's
on-line business management applications to Australia.
NetSuite's entry into Australia will provide the first
integrated front-office and back-office application
service for the Australian business market. The Oracle
Small Business Suite name is used under license from
Oracle Corporation (Nasdaq: ORCL).
NetSuite is the world's most widely used on-line application software. NetLedger has expanded outside the U.S. through strategic partnerships. Going to Australia is the second international initiative that NetLedger has taken since it entered the U.K. through its partnership with BT last fall. Under the terms of the agreement with Net Return, NetSuite will be customized to meet the specific needs of the Australian business environment; and Net Return will host the product in Australia. As part of the aggressive marketing and distribution plan, Net Return will act as a master distributor targeting broad reseller channels in Australia to deliver NetSuite to end-user companies.
"The old way of implementing business solutions
- buying applications from different vendors and struggling
to integrate them - is quickly dying," said Zach
Nelson, president and CEO of NetLedger. "Our partnership
with Net Return will bring the benefits of a modern
integrated business application to companies that want
to streamline their operations."
Stuart McLean, managing director for Net Return said,
"NetSuite makes business life easier for SME's
- improving staff productivity, business decision making
and customer service. Our objective is to reduce the
time businesses spend on laborious but essential business
processes, increasing the time they have to focus on
staying ahead of the competition. NetSuite levels the
playing field for SMEs."
About Net Return
Net Return is one of Australia's leading online services
companies, working with corporations and governments
to develop integrated and effective online solutions
that deliver a measurable return.
Net Return's solutions leverage opportunities across
the complete online spectrum including email, Internet,
extranet and intranet. Services include strategy and
planning, project management, information architecture,
user interface design, content development, technical
design and development, and online direct marketing
communications. Net Return's clients include: AGL, AMP,
AusAID, Australian National Training Authority, Commonwealth
Bank of Australia, Air New Zealand and Australian Rugby
Union. The company produced and directed the official
Web sites of the Sydney 2000 Olympic and Paralympic
Games. Olympics.com became the most trafficked Web site
Net Return is majority owned and managed by Stuart
McLean and Phil Kiely, former Oracle Corporation senior
Further information about Net Return is available at
For more information about NetSuite please visit our
Web site at www.netsuite.com.
Oracle is a registered trademark of Oracle Corporation
and/or its affiliates.