Press Releases


Contact:

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

NETSUITE OUTSCORES INTUIT'S QUICKBOOKS PREMIER AND BEST SOFTWARE'S SIMPLY ACCOUNTING 2005 IN INDUSTRY SHOOT OUT

SAN MATEO, Calif.,—July 7, 2005— NetSuite, Inc., the leader in on-demand business management software for small and medium-sized businesses, today announced that NetSuite Small Business received a perfect 5-star rating in a recent detailed product review conducted by The CPA Technology Advisor, beating Intuit and a host of other small business accounting applications. NetSuite's award-winning product offerings include NetSuite, NetSuite Small Business, NetSuite CRM, NetERP and NetCommerce. For more information about the CPA Technology Advisor award, visit www.netsuite.com/cpatechaward.

The CPA Technology Advisor evaluated 10 accounting software packages based on modularity, expandability and scalability; ease of use/basic functionality; available modules/customization for vertical industries; expandability; reporting & management functions; audit trail, integrity and accountant control tools; and help and support options. The review summarizes NetSuite Small Business by stating, "NetSuite Small Business is a scaled-down version of the vendor's self-branded full product, NetSuite. Both versions of the program are completely web-based, having been designed specifically to be offered and operated through a web interface. [NetSuite] Small Business is essentially an enterprise resource planning (ERP) system for smaller concerns, offering considerable functionality and fully integrated modules that include a full accounting system as well as front and back office management functions, sales, HR and payroll, inventory, service, electronic commerce, and web site management."

"NetSuite Small Business continues to revolutionize the software industry by providing the most robust and complete on-demand business management application for the small business market," said Evan Goldberg, founder and CTO of NetSuite. "By combining crucial business applications in one system, NetSuite Small Business continues to lead the field in providing small businesses with the tools they need to stay ahead of the competition."

For information about NetSuite, please go to www.netsuite.com.