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Contact:

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

NETLEDGER AND ORACLE PARTNER TO BRING BIG POWER TO SMALL BUSINESS

NetLedger Available for Free 30 Day Trial on Oracle.com

SAN MATEO, CA and REDWOOD SHORES, CA—October 30, 2000—NetLedger, Inc., the leading application service provider (ASP) that enables small businesses to succeed in the new economy and Oracle Corp., the largest provider of software for e-business, today announced a strategic partnership that will bring online accounting to small businesses. As a result of this partnership, NetLedger™ has become the first and the only accounting-based small business solution available as a direct link from Oracle.com.

Effective immediately, Oracle offers NetLedger via its Web site at www.oracle.com to any small business striving to grow and succeed in the new economy. Starting with Web-based accounting as a core, NetLedger turns the small business accounting system into a powerful e-business tool. This tool delivers capabilities including expense reporting, online customer ordering, online credit card processing, and employee, customer and supplier remote access. Using this tool, small businesses can grow their companies as fast as they want with enormous efficiency, anywhere, anytime.

"Oracle truly believes the Internet is reshaping big business, small business, all business," said Evan Goldberg, founder and chief executive officer of NetLedger, Inc.
"NetLedger provides small businesses with what they need most to succeed in the new economy. Partnering with Oracle attests to the credibility of our products and services and extends NetLedger to Oracle's huge client base. More importantly, joining force with Oracle, NetLedger is leveling the playing field to bring big power to small business."

"NetLedger is a natural choice as the small business solution we'd offer through the Oracle.com site. It exploits the power of the Oracle 8i database for unprecedented performance, scalability and availability for a small business accounting system. More impressive, though, is how NetLedger is living up to a vision both our companies share, of software delivered as services offered over the Internet," said Mark Jarvis, senior vice president and chief marketing officer, Oracle Corp. "NetLedger offers a robust level of service for small business that simply was not available before."

NetLedger is built from the ground up using an open, scalable Internet architecture. NetLedger users can run NetLedger on all major browsers and operating systems, with anytime, anywhere access. Based on the Oracle 8i database, NetLedger delivers the power, reliability and security of enterprise-level accounting and business management solutions, combined with the ease of use of a small-business accounting and management package.

About Oracle
Oracle Corporation provides the software that powers the Internet. For more information about Oracle, please call 650-506-7000.

For more information about NetSuite please visit our Web site at www.netsuite.com.

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