Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
Sprint and NetLedger Combine Offerings for Small Business
Customers
OVERLAND PARK, KS, October 24, 2002 - Sprint (NYSE:
FON, PCS) and NetLedger, Inc., makers of Oracle® Small
Business Suite, today announced that it will team to
provide small and mid-sized businesses with Sprint FastConnect®
DSL and Oracle Small Business Suite, a widely used small
business management online service. The Oracle Small
Business Suite name is used under license from Oracle
Corporation (ORCL).
"Sprint will refer Oracle Small Business Suite to its
existing Sprint FastConnect DSL customers, as well as
to new purchasers of Sprint FastConnect DSL. Sprint
customers and prospects will receive a significant discount
on Oracle Small Business Suite when purchasing the application
solution with Sprint FastConnect DSL through NetLedger.
"Oracle Small Business Suite combined with Sprint FastConnect
DSL is the perfect technology solution for small businesses
to run their operations much more efficiently than with
other products on the market today," said Jodi Maxson,
vice president of business development for NetLedger.
"Our relationship has a great deal of synergy. Small
businesses that are ready for a high speed connection
like Sprint FastConnect DSL have consistently shown
that they are ready to adopt our product."
"The availability of Sprint FastConnect DSL has changed
the way small businesses compete," said Joni Lindquist,
Sprint vice president of marketing for Business & Wholesale
Markets. "Our offering of Oracle Small Business Suite
with Sprint FastConnect DSL is another example of how
we enable small companies to put the power of technology
to use, simply and effectively."
The two companies will build together a variety of
sales and marketing campaigns including direct mail,
Web presence, and hi-tech small business seminars. Consistent
with Sprint's target customer base, Oracle Small Business
Suite is one completely integrated application to help
small businesses manage all of their business processes
from accounting and finance, sales and service, Web
presence, to employee management.
The local telecommunications division of Sprint, which
provides service in 18 states, offers Sprint FastConnect
DSL service in approximately 400 communities in 48 major
markets.
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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