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Contact:

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

NETSUITE WINS 2008 CODIE AWARD FOR BEST ECOMMERCE SOFTWARE

 

SAN MATEO, Calif.—May 27, 2008—NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for small and midsized businesses and divisions of large companies, today announced that it has won the Software & Information Industry Associate (SIIA) 2008 CODiE Award in the software category for "Best Ecommerce Solution." For more information please visit http://www.siia.net/codies/2008/finalist_detail.asp?id=12

The 23rd Annual CODiE Awards are t he only peer reviewed awards within the software and content industries. SIIA and industry partners recognized winners in 76 categories. O ver 1,000 applications were received for this year's CODiE awards.

The SIIA CODiE Award for Best Ecommerce Solution recognizes the best software solution designed to enhance efficiency across a wide range of ecommerce business functions, including personalization tools, shopping carts, comparison bots, order forms, and delivery processes, as well as other innovative features.

More than 1,000 global companies have standardized their Ecommerce business operations on NetSuite for their core operations — from Google Keyword-to-Purchase tracking and search engine optimization, to email marketing campaigns, to shopping cart, to inventory and warehouse management, to orders and fulfillment.

NetSuite Ecommerce provides etailers with a host of sophisticated capabilities including:

  • Unique shopping cart conversion tools — reporting on what items were abandoned by each shopper, and sending email marketing campaigns to those shoppers
  • Innovative up-sell tools — dynamically recommending up-sell products based on a company's actual sales history
  • Enhanced shopping cart flow — PayPal Express Checkout, pictures in cart, displaying shipping rates prior to checkout, and multi-language capabilities.

NetSuite's customer support capabilities help ecommerce business operations with a customer self-service area that displays a shopper's lifetime purchase history, package tracking information, customer support communications and one-click re-ordering capacity. NetSuite's multi-channel selling capabilities allow merchants to manage all of their online and offline channels with one system — managing all of their orders, inventory and customers in one place. Additionally, NetSuite gives mid-sized companies a customizable solution for managing complex Ecommerce sites for global organizations with multiple companies, subsidiaries, currencies and languages. NetSuite also supports managing multiple websites tied to one back-end — each with its own domain name, products, and look and feel.

"It's an honor for NetSuite's 2007 software to be recognized by our industry peers," said Mini Peiris, VP of Product Marketing at NetSuite. "The CODiE Awards are highly coveted and we are pleased to be singled out for NetSuite Ecommerce, which is part of NetSuite's one system that enables companies to run their core end-to-end business operations in real-time."

"The CODiE Awards recognize those companies providing the best new technology products and services across a broad array of industries," said SIIA President Ken Wasch. "The awards and their winners are a testament to the power of technology to deliver innovative solutions to American businesses and consumers. SIIA congratulates all of the CODiE Award winners and nominees, whose innovation is essential for continuing America's leadership in the global knowledge economy."

For information about NetSuite Inc., please visit www.netsuite.com.

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