Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
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.
###
Trademark
Oracle is a registered trademark of Oracle Corporation
and/or its affiliates.
|
