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Contact:

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

NETSUITE ADDS MORE THAN 50 NEW RESELLERS WORLDWIDE

New Solution Providers Use NetSuite to Fill the Gap Between Entry-level Applications and Enterprise Software

Clifton Gunderson, the 12th Largest CPA and Consulting Firm And Other Experienced VARs Worldwide Join NetSuite's Solution Provider Program

SAN MATEO, CA—October 28, 2004—NetSuite, Inc., today announced significant reseller wins by signing up more than 50 experienced resellers worldwide. This list includes Clifton Gunderson, the 12th largest CPA and consulting firm in the U.S., Premier Design Systems, Inc., WorldCaliber Business Services, and MD Technical Resources. Having extensive experience spanning a whole spectrum of horizontal and vertical business applications resale and implementations for large enterprise companies, these resellers have expanded their expertise to bring value to end-user companies with NetSuite. The new wins are a testament to the fact that NetSuite's approach to deliver on-demand software as one system including ERP, CRM and ecommerce is the future of software. For more information about NetSuite's Solution Provider Program please go to www.netsuite.com/partnerwins.

"NetSuite continues to recruit tremendous industry specialists and we are extremely pleased to announce these additions to our world-class reseller program," said Zach Nelson, CEO of NetSuite. "We're confident that their industry expertise combined with NetSuite's one system architecture will significantly increase the top-line and bottom-line results for our customers."

Some of the new wins announced today include:
Clifton Gunderson, LLP (www.cliftoncpa.com), currently employs more than 500 CPAs with a total staff exceeding 1,500. Clifton Gunderson is ranked as the 12th largest CPA firm in the United States and has experienced rapid growth since 1960. The firm's low staff-to-partner ratio assures its clients significant partner attention and personnel continuity. Clifton Gunderson has offices in 14 states and Washington, D.C. Since 1960, Clifton Gunderson has been providing clients with a variety of services ranging from traditional auditing and accounting services to governmental services, tax and financial planning, technology consulting, business valuation, forensic services and employee benefit services, as well as specialized services for specific business sectors. Clifton Gunderson Financial Services provides clients with financial planning, insurance and employee benefit services Technology consulting services are provided by Clifton Gunderson Technology Solutions.

"It is well known that there is a significant gap between higher-end ERP products such as Navision and lower-end accounting products such as QuickBooks and Peachtree," said Steve Bernat, Senior Manager at Clifton Gunderson, the 12th largest accounting firm in the U.S. "We chose to partner with NetSuite because it fills that gap perfectly. With NetSuite, we can keep our clientele happy by providing the higher-end ERP functionality they demand, while still satisfying their need for the affordable, small business features NetSuite provides such as built-in ecommerce for their Web Store."

Premier Design Systems, Inc. (www.premierdesign.com), based in Minneapolis, is a leading ERP mid-market value-added reseller since 1994 and has developed a proven track record for providing expert Oracle-based technology solutions. From strategic planning to rapid implementation, PDS has delivered the "right solution" time and again for a broad range of clients, spanning the mid-market to Fortune 1000.

"We watched NetSuite for a year and half and have seen how fast it has grown," said Tim Gotham, president and CEO of Premier Design Systems. "We see significant growth opportunities in partnering with NetSuite to leverage our ERP and software development expertise and to extend our service offerings within the SMB market."

WorldCaliber Business Services, Inc. (www.worldcaliber.com), based in Southlake, Texas; Founded in 2003 by Brent Phillips, who has a strong background of experienced management and a track record of growing technology oriented companies, WorldCaliber Business Services helps mid-market companies accelerate their competitive advantage by providing technology solutions and outsourcing services that enable better, faster, and cheaper business process execution.

"The competitive advantage of many SMB companies is being severely threatened by the constant downward pressure on margins caused by globalization, the Internet, and the new product distribution landscape," said Brent Phillips, president and CEO of WorldCaliber Business Services. "After nearly 20 years of delivering enterprise technology solutions to the Fortune 1000 market, I founded WorldCaliber in 2003 to help these SMB organizations streamline their business processes and engage in more effective and efficient ecommerce. This previous experience enabled us to recognize the incredible value proposition that NetSuite offers the SMB market. Its industrial strength Oracle database and robust functionality set balanced with the simplicity of implementation and maintenance provided by the ASP model create an unsurpassed value for the SMB market, and are the reasons why we chose to become a NetSuite partner and why we have already reached a premier partner status."

MD Technical Resources, Inc. (www.mdtechnicalresources.com), based in Glenview, Ill., continues to show that the best relationships are based on a true partnership. The experiences and challenges faced by today's small to mid-sized companies highlight MD Technical Resources' strengths in their ability to think outside the boundaries, making innovation commonplace and allowing customers to do more with less. By understanding and appreciating their clients' strengths as well as what they are trying to accomplish, MD Technical Resources has defined superior customer service since 2001.

"We are extremely excited about our future as a NetSuite Solution Provider," said Mike Davis, partner at MD Technical Resources. "If our first few months on board are any indication, there is a market looking for exactly what NetSuite offers. We expect tremendous success as more and more of the companies we are talking to—spanning a variety of industries—switch to NetSuite."