Senior VP, Corporate Communications
NETSUITE RECOGNIZED AS CRM MARKET
LEADER BY CRM MAGAZINE
San Mateo, CA — September 1, 2004 — NetSuite,
Inc., today announced that CRM Magazine has
recognized NetSuite as a CRM Market Leader in the SMB
suite CRM category for 2004. CRM Magazine today
revealed the winners of its 2004 CRM Leaders awards
during DCI's Customer Relationship Management Conference
& Exposition in San Francisco. NetSuite's award-winning
products include NetSuite, NetSuite Small Business,
NetCRM, NetERP and NetCommerce. To learn more about
why NetSuite is a CRM Market Leader, please go to www.netsuite.com/crmmarketleader.
"NetSuite has enjoyed explosive growth among customers
seeking CRM linked with back-office integration capabilities,"
said Ginger Conlon, editor-in-chief of CRM Magazine.
"It is a one of a kind company that has delivered
a full-featured CRM suite that instantly ties into ERP
and ecommerce to the small and midsized market. It deserves
being named CRM Market Leader in this space."
"CRM Magazine is recognized as one of
the most trusted journals in the industry, and it is
a great honor that they have named NetSuite the 2004
Market Leader," said Zach Nelson, CEO of NetSuite.
"This accolade is another indication that the CRM
applications are maturing from simple forecasting tools
to real business applications that span order management,
ecommerce and back-office functionality."
According to CRM Magazine, CRM
Market Leaders recognizes the top five vendors
in eight categories based on a combination of weighted
criteria, including revenues and revenue growth, market
share, reputation for customer satisfaction, and depth
of functionality. Additionally, they examined how else
these companies had excelled this past year within their
specific categories. The full list of the awards and
winners are featured in the September 2004 issue of
CRM Magazine; it is also available online at