Press Releases


Contact:

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

INC. MAGAZINE RANKS NETSUITE SECOND FASTEST GROWING PRIVATE U.S. SOFTWARE COMPANY

With 1,400% Sales Growth, NetSuite Ranked No. 12 Overall in Inc. 500

NetSuite Customers Also Fill Prestigious List

SAN MATEO, CA—October 25, 2004Inc. Magazine, the premier publication for small and medium-sized businesses, ranked NetSuite, Inc., as the second fastest growing software company in the United States. With an annual growth rate of more than 1,400%, NetSuite ranked No. 12 overall on the Inc. 500 list of fastest growing private companies. NetSuite is the most widely used integrated on-demand business software for small, mid-sized and large companies. NetSuite's award-winning products include NetSuite, NetSuite Small Business, NetCRM, NetERP and NetCommerce. For more information about this please go to www.netsuite.com/inc500.

"This award validates again that the best way to run a growing business is with an integrated suite of business applications delivered via the Internet," said Zach Nelson, CEO of NetSuite. "Being named one of the fastest growing companies in the world is immensely gratifying to our employees and partners. To see so many of our customers on the Inc. 500 list is even more rewarding."

Several NetSuite customers also made the 2004 Inc. 500 list of fastest growing private companies. Among the NetSuite companies on the list were BankServ, ranked No. 144, and CaseCentral, ranked No. 450.

Inc., the only business magazine dedicated exclusively to owners and managers of fast-growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Inc. is the premier publication that focuses on small to medium-size businesses, which are responsible for more than half the nation's gross domestic product and 75% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Gruner & Jahr USA publication, inspires and informs, with cutting-edge coverage that reflects its readers' energy, brashness, and imagination.