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

OPENAIR POWERS STRATEGIC CONSOLIDATION OF BUSINESS SYSTEMS AT BEARINGPOINT AND STREAMLINES THE SERVICES DELIVERY PROCESS

Leading Management and Technology Consulting Organization Adds to OpenAir's Growing Customer Base in Asia Pacific Region

BOSTON, Mass. — November 24, 2009 —OpenAir, Inc., a NetSuite Inc. (NYSE: N) company and a leading provider of cloud computing professional services automation (PSA)  and services resource planning (SRP) software, today announced that BearingPoint, a leading provider of management and technology consulting, has gone live with OpenAir to streamline services delivery processes and consolidate multiple point solutions into one, unified business system.  With OpenAir, BearingPoint is already realizing significant benefits through more accurate and timely visibility of staff utilization and its opportunity pipeline.  For more information about OpenAir customers please visit: www.openair.com/customers.html.

BearingPoint joins a growing list of OpenAir customers recently added in the Asia-Pacific region, including AIPEX, ClearPoint, Assurity, and Fronde.  These customer wins are a testament to OpenAir's global expansion initiative as well as its unparalleled customer support infrastructure.  By selecting OpenAir for its professional services automation needs, BearingPoint has reduced its dependency on Microsoft Project and Excel, and replaced its legacy timesheet application. 

"Having just completed a management buyout of the Australian operation, better visibility of financial data and more effective management of the business is critical to us," said Bob Hennessy BearingPoint CEO. "Our selection of OpenAir gives us the necessary controls to effectively manage our projects and resources through flexible reporting and streamlined workflows."
 
BearingPoint Pty Ltd (www.bearingpoint.com.au) is a provider of management and technology consulting services to commercial and public sector organizations in Australia and New Zealand. BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. BearingPoint's service offerings are designed to help its clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to next-generation technology. For more information, visit BearingPoint at www.bearingpoint.com.au.

"BearingPoint recently launched a major internal organizational transition which required the replacement of all infrastructure and operational systems in an extremely short timeframe," said Paul Brooke, Operations Manager at BearingPoint.  "As the only available SaaS PSA solution to provide the resource management capabilities to match our needs, we knew that OpenAir could help us achieve rapid implementation and automation with minimal infrastructure dependencies.  OpenAir exceeded expectations and our initial implementation was up and running in two months."

About OpenAir
OpenAir, Inc., a NetSuite Inc. company, is a leading provider of Software as a Service (SaaS) services automation software. With offices in Boston, MA, Toronto, ON, London and Sydney, Australia, OpenAir offers both professional services automation (PSA) and services resource planning (SRP) solutions, providing project-based organizations and firms the tools they need to grow their businesses quickly and profitably. Providing enterprise-level functionality for businesses of all sizes, OpenAir helps world-class firms to better capture billable time, manage projects and resources and bill customers. Coupled with a team of highly experienced consultants from some of the world's leading services firms, OpenAir's services automation solutions drive higher profits through improved utilization, visibility and data collection. To learn more, please visit www.openair.com.

NOTE: OpenAir and the OpenAir logo are service marks of OpenAir, Inc., a NetSuite Company.