Press Releases


Contact:

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

NETSUITE AWARDED PERFECT SCORE

NetSuite Outscores Intuit's QuickBooks in Industry Shoot-out Of 10 Accounting Products Reviewed Only NetSuite Receives Perfect 5-Star Score in All Categories

SAN MATEO, Calif.—July 22, 2004—NetSuite, Inc., today announced that NetSuite Small Business (formerly Oracle Small Business Suite) 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. Out of ten accounting software packages, NetSuite was the only product that won 5 stars in every category reviewed. NetSuite's award-winning product offerings include NetSuite, NetSuite Small Business, NetCRM, NetERP and NetCommerce. For more information about the CPA Technology Advisor award, please go to www.cpatechadvisor.com.

The CPA Technology Advisor evaluated 10 accounting software packages based on modularity, expandability and scalability; ease of use; help and training; reporting; audit trail; integrity and accountant control tools. The review summarizes NetSuite Small Business by stating "NetSuite, Inc. has combined front and back office operations into a sophisticated program that is affordable and suitable for small businesses. NetSuite listens to its users, incorporating customer suggestions throughout this latest version. With 24/hour, 7-day-a-week support, this is a company that doesn't forget its users once the product is purchased."

"It's clear that in the next-generation of application software, the best-of-breed business management application will be an on-demand, integrated suite," said Stephen Wolfe, senior vice president of product management at NetSuite. "When building a business application that automates every aspect of a business, all the modules—back-office, front-office and Ecommerce—need to be rich and deep. This accolade is another indication of how we continue to move NetSuite's functionality forward on all fronts."

For more information about NetSuite visit: www.netsuite.com.

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