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Contact:

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

NETSUITE COMMITS TO THE CHANNEL IN NEW ZEALAND AS CLOUD ADOPTION INCREASES

Key NetSuite Partners—Fusion5, Liberate I.T., Fronde and BPR Solutions—Deliver Cloud-Based Business Management Solutions to Businesses in New Zealand


Auckland, New Zealand—30 July 2013—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that it has committed to growing its channel business in New Zealand, as leading businesses in the region continue to embrace the cloud as a viable business model. A growing number of New Zealand technology leaders are joining the NetSuite Solution Provider Program to add NetSuite's cloud business management suite to their product offerings and strengthen their leadership in cloud practices and integration services. Key technology partners that have joined the NetSuite Solution Provider Program, such as Fusion5, Fronde, Liberate I.T. and BPR Solutions, can provide NetSuite's expanding New Zealand customer base with local specialist support from a combined expert team of more than 120 cloud specialists who can advise, implement and optimise NetSuite's leading cloud-based business management solutions.

Partnering with NetSuite enables New Zealand technology innovators to capitalise on the growing market opportunities in the cloud and gives them access to a full suite of cloud-based business management software solutions and a world-class development platform. These solutions enable New Zealand businesses to run their core business processes in the cloud, such as ERP, CRM, financials, Ecommerce, professional services automation (PSA) and more, while reducing IT hardware demands and providing anywhere, anytime access for remote users. For more information about the NetSuite Solution Provider Program for New Zealand, visit www.netsuite.com/anzpartners.

According to Frost & Sullivan's State of Cloud Computing in New Zealand report (2012), 57 percent of organisations who currently use cloud solutions planned to increase their cloud-based budget significantly over the next 12 months, with 40 percent spending more than 10 percent of their total IT budget on cloud solutions or services and 20 percent spending more than 20 percent.

"The channel has always been an important part of our strategy in New Zealand since we entered the market in 2007, but we are now completely partner focused to keep up with growing demand from New Zealand businesses for the efficiencies, flexibility and cost benefits that cloud computing solutions offer," said Mark Troselj, managing director, Asia Pacific for NetSuite. "The scale and resources required to meet this rapidly expanding market is best met by key selected partners in New Zealand, who offer local support and expertise, backed by competitive revenue share, investment and resourcing models from NetSuite."

NetSuite's key technology partners in New Zealand—Fusion5, Liberate I.T., Fronde and BPR Solutions—are all leaders within their respective fields and are able to offer valuable, local vertical expertise and services to NetSuite's growing customer base.

Fusion5 (www.fusion5.co.nz)
Fusion5 is a leading business application provider established in 2002, with offices in Auckland, Wellington, Christchurch, Sydney, Brisbane, Melbourne, Perth and Adelaide. Focused on ERP, CRM, human capital management, service management solutions and enterprise project portfolio management solutions, Fusion5 works in partnership with NetSuite to offer cloud-based ERP solutions in the New Zealand market. Fusion5 has particular strengths providing business consulting advice and best practice across all industries, including retail, wholesale distribution, manufacturing, as well as offering NetSuite OpenAir professional services automation (PSA) and services resource planning (SRP) software that gives visibility and control for project-based business.

"Fusion5 is proud to be the largest NetSuite Solution Partner across New Zealand," said Rebecca Tohill, managing director of Fusion5. "NetSuite has a unique offering compared to traditional on-premise ERP providers, as it has been developed as a pure cloud-based solution—all the features and benefits are optimised to operate in a real-time, web-based environment. It means we can offer our customers a comprehensive core platform for business management, without the huge costs and manpower required to install, operate and maintain hardware and software systems."

Liberate I.T. (www.liberateit.co.nz)
Liberate I.T. was established in 2011 as a dedicated NetSuite provider. It has grown to become NetSuite's only 3-star partner in New Zealand and was an Asia Pacific Partner of Year finalist this year. With consultants dedicated solely to implementing NetSuite, as well as a team of scripting contractors, Liberate I.T. provides deep knowledge and experience to its customers. It is dedicated to materialising the efficiencies that cloud promises, based on over 30 years' accumulated experience in providing ERP systems to businesses.

"Liberate I.T. exclusively sells NetSuite cloud-based solutions to ensure New Zealand companies can future-proof their businesses," said Paul Beattie, general manager of Liberate I.T. "NetSuite is the most successful integrated business software suite designed for and delivered via the Internet, enabling us to transform the efficiency of many small-to-medium size enterprises in New Zealand using these leading cloud-based solutions. Liberate assists NZ businesses to remove the server from their infrastructure and realise up to 50 percent savings on the total cost of their IT infrastructure ownership."

BPR Solutions (www.bpr.co.nz)
BPR Solutions has been implementing NetSuite since 2002 and was the first NetSuite Solution Partner in New Zealand. BPR specialises in business process improvement, solving business challenges and transforming businesses through the implementation, integration and customisation of cloud-based accounting, CRM, ERP, Ecommerce and web-based solutions from NetSuite.

"Given the depth of our knowledge, experience and proven capability, we recognise and understand the power of software like NetSuite and the value that it delivers for small-to-medium enterprises," said Simon Ede, managing director of BPR Solutions. "It's very rewarding working in partnership with business leaders throughout NZ, enabling and empowering them to streamline, automate, drive efficiencies and to grow their businesses through the successful implementation and adoption of technology."

Fronde (www.fronde.co.nz)
Established in 1992, Fronde is a New Zealand-owned technology company, with over 350 employees across offices in Wellington, Auckland and Sydney. As a cloud integrator, Fronde specialises in business transformation by providing complete CRM, infrastructure, mail & collaboration and ERP solutions to its customers in New Zealand and Australia. It is in a unique position as a long-standing NetSuite customer, utilising NetSuite to operate its financials and core business operations, as well as NetSuite OpenAir for professional services automation. Fronde delivers NetSuite's full suite of cloud-based business management software solutions to businesses and government in New Zealand. In addition, Fronde recently acquired NetSuite's Australian partner OnlineOne (www.onlineone.com.au), which designs and integrates cloud-based business systems for Australian and New Zealand organisations.

"As our clients contemplate painful and costly ERP upgrades, knowing they will need another in three years' time, we are excited to offer them NetSuite cloud-based business management solutions as a means to alleviate these challenges," said Ian Clarke, CEO for Fronde. "We are delighted to bring NetSuite's leading solutions to our clients in the New Zealand market, which allow executives to focus on their business, not on their technology."

Today, more than 16,000 companies and subsidiaries depend on NetSuite to run complex, mission–critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.

 

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Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements relating to expectations, plans, and prospects including expectations relating to the future growth of the cloud computing market. These forward-looking statements are based upon the current expectations and beliefs of NetSuite's management as of the date of this release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements including, without limitation, the risk of continued adverse and unpredictable macro-economic conditions. All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and NetSuite disclaims any obligation to update these forward-looking statements.