NETSUITE NAMED CRM MARKET LEADER BY CRM MAGAZINE FOR SECOND CONSECUTIVE YEAR
SAN MATEO, Calif. — September 30, 2005 — NetSuite, Inc. today announced that CRM Magazine has recognized NetSuite as a CRM Market Leader in the SMB Suite CRM category for the second consecutive year. CRM Magazine recently revealed the winners of its 2005 CRM Leaders awards in San Francisco. NetSuite's award-winning products include NetSuite, NetSuite CRM, NetSuite CRM+, NetSuite Small Business and NetSuite Ecommerce. For more information about this award and others, please visit www.netsuite.com/CRMaward2005.
"NetSuite deserves being named a market leader in the SMB Suite CRM category for its contributions to helping SMBs thrive," said David Myron, editor-in-chief of CRM Magazine. "These customers seek an integrated offering that ties CRM to the back office, which allows these customers to run their company, not their software."
"We are honored to receive the CRM Market Leader award for the second year in a row from CRM Magazine, a foremost authority in the CRM industry," said Zach Nelson, CEO of NetSuite. "With tremendous growth in customers seeking CRM linked with back-office functionality, NetSuite is well-poised to take the momentum behind NetSuite CRM and NetSuite CRM+ into 2006."
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 October 2005 issue of CRM Magazine; it is also available online at: www.destinationcrm.com/