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

TIME Magazine Selects Oracle Small Business Suite as a "Best Website for Business"

SAN MATEO, CA, December 9, 2002 — NetLedger, Inc., makers of Oracle® Small Business Suite, today announced that TIME Magazine has selected NetLedger's award-winning Oracle Small Business Suite as one of the five best Web sites in the Managing a Small Business category of TIME's guide to the Best Websites for Business. This is one of the most prestigious accolades Oracle Small Business Suite has won this year from industry-respected publications. The Oracle Small Business Suite name is used under license from Oracle Corporation (ORCL).

TIME's guide to the Best Websites for Business provides business people easy access to the most useful business tools on the Web. The selected sites appeared in the magazine's November 4, 2002 issue, and can be found at:

http://www.time.com/time/insidebiz/article/0,9171,1101021104-384805-4,00.html

According to TIME, NetLedger's Oracle Small Business Suite is "designed to help with accounting, payroll and sales-force management. The software automates paper-based tasks (sales orders, bill payment, etc.), so employees can work more efficiently and keep up with what's happening in other departments."

"TIME Magazine has identified what more than 6,000 companies have experienced: online services such as Oracle Small Business Suite provide the best way to run a small business," said Evan Goldberg, CEO of NetLedger.

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

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