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Mei Li
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NetSuite Inc.
Phone: 650.627.1063
E-mail: meili@netsuite.com

RESPONDING TO CUSTOMER SUGGESTIONS AND REQUESTS, ORACLE® SMALL BUSINESS SUITE INTRODUCES NEW FEATURES AND ENHANCEMENTS

Oracle Small Business Suite Continues to Make Improvements at an Unprecedented Speed

Redwood Shores, CA—December 27, 2001—Oracle Corp., the largest provider of software for e-business, today announced the launch of Oracle Small Business Suite 7.5, powered by NetLedger, just six weeks after the major 7.0 release. The new features and enhancements being introduced are suggestions from customers.

New features and enhancements have been made in all components of Oracle Small Business Suite, including Sales Force Automation, Customer Support Management, Web Store and Order Management, and Accounting. These new features and enhancements focus on usability and customization tools, allowing small businesses to tailor Oracle Small Business Suite to meet their individual needs and help them simplify business processes with unprecedented ease of use.

In the Sales Force Automation and Customer Support Management components, many new reports have been added to give sales and support users more powerful reporting and analysis capabilities. Another new feature is File Cabinet, a document storage and attachment feature where documents can be uploaded and placed in folders. The folders can be assigned rules to limit viewing to only those with access privilege. This feature allows users to attach customer-specific records to their customer files, making customer interaction and customer service much easier. In addition to managing customers and vendor relationships, Oracle Small Business Suite now allows businesses to manage relationships with their partners from the new Partner list feature.

Custom Tabs have been added to the Web store component of the Suite, giving small businesses even more flexibility to create and design advanced Web stores and Web sites, which work seamlessly together with other components of the Suite.

In addition, many enhancements have been made to the Accounting functions within the Suite. Enhanced pricing with bulk updates allows users to change the price of all items being sold by a similar amount or percentage with one click, making company-wide price changes easier to implement. Also new is the ability to bill jobs through customers, which simplifies the bill presentment task for companies that have multiple jobs with one customer. Additionally, more powerful searching capabilities are available to users. These searching capabilities allow users to save the results to utilize in analysis and reporting as needed.

This release also contains updated Payroll Tax Tables and W-2 forms for 2002, free of charge within the Oracle Small Business Suite service. A new Payroll Manager role has been added, and all standard roles now have default shortcut selections to help users quickly and easily get started and become familiar with the application.

"Today's announcement underscores our commitment to give our customers what they need to succeed. These new customization and reporting features have been added based on our customers' feedback," said Evan Goldberg, president and CEO of NetLedger. "It's also a testament to the power of our hosted approach that we can bring this added level of benefits to our customers automatically, with no upgrade costs whatsoever to our users, less than six weeks after our previous major release."

The Oracle Small Business Suite is one completely integrated application to help small businesses manage their entire company more efficiently, including accounting and finance, sales and service, Web presence, and employee management. Companies can save time and money by utilizing one centralized and up-to-date database, ending the headache of using multiple incompatible applications. With anytime, anywhere Web access, the award-winning solution is the first and only multi-user, multi-location complete small business management solution.

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

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