Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
NetLedger Celebrates Sweep
of Victories
NetLedger Upstages Intuit and Peachtree with PC Magazine
Editors' Choice Award, PC World Best Bet and Ziff Davis
Smart Business MVP 2001 Award
San Mateo, CA. - February 1, 2001 - NetLedger, Inc.,
the leader in Web-based solutions that enable small
businesses to succeed in the new economy, today announced
that it has swept awards in its category from prestigious
publications including PC Magazine, PC World, and Ziff
Davis Smart Business (formerly PC Computing).
In its online accounting roundup PC Magazine gave accolades
to NetLedger for its strong ledger, payroll, accounts-payable,
and accounts-receivable modules. Additionally, NetLedger
is recognized for being the first to exploit the strengths
of being Web-based such as its impressive e-commerce
tools for integrating users' books with an electronic
storefront as well as built-in online bill payment.
The full review appears online at http://www.zdnet.com/zdhelp/stories/main/0,5594,2679045,00.html
and in the February 20 issue of PC Magazine.
In much the same vein, PC World ranked NetLedger as
a Best Bet in the Web-based application category. The
full story can be found in the February 2001 issue as
well as online at http://pcworld.com/features/article.asp?aid=36743&pg=4.
NetLedger has also received the MVP 2001 Award for
Web-based accounting from Ziff Davis Smart Business
for the New Economy. The full coverage is featured in
the January issue and online at http://www.zdnet.com/smartbusinessmag/stories/all/0,6605,2659974-4,00.html#account.
Both PC Magazine and PC World did head to head comparisons
with competitive ASP offerings from Intuit and Peachtree.
NetLedger received four stars from PC Magazine, while
Peachtree received three and Intuit two.
"We are honored to receive unanimous acclaim from
these prestigious publications," said Evan Goldberg,
president and CEO of NetLedger. "The reviews show
how NetLedger has leaped ahead of traditional shrink-wrap
vendors in the small business accounting space, on the
way to transcend the category with the addition of a
full spectrum of integrated business tools."
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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