Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
NetLedger Allies with Network
Commerce to Deliver NetLedger(TM) on FreeMerchant.com
The Agreement Introduces NetLedger's Accounting and
Business Management Applications to More Than 200,000
FreeMerchant Merchants Via Single Sign-On Technology
San Mateo, CA. - March 14, 2001 - NetLedger, Inc.,
the leader in Web-based solutions that enable small
businesses to succeed in the new economy, today announced
its accounting and business management applications
will be offered on FreeMerchant.com, a division of Network
Commerce Inc. (Nasdaq: NWKC) and an award-winning e-commerce
technology and application service provider.
Under the terms of the agreement, FreeMerchant will
offer a free 30-day trial of NetLedger to its more than
200,000 merchants. As a convenience for FreeMerchant
members, NetLedger's unique single sign-on technology
has been implemented as part of FreeMerchant's registration
process. The merchants' account information will be
automatically transferred to the NetLedger sign-up form
when they opt in to the service. All new merchants who
sign up within the next 6 months will get the same benefits.
Additionally, NetLedger will be highlighted in FreeMerchant's
newsletters as well as available through its site's
administration tool section.
"Working with FreeMerchant helps NetLedger reach out
to a massive customer base," said Jodi Maxson, vice
president of business development for NetLedger, Inc.
"FreeMerchant's initiative in adopting single sign-on
for its registration process provides further evidence
of our common goal of improving and enhancing efficiency
and accuracy for our customers."
"We are very interested in helping our FreeMerchant
members find resources that will help them enhance and
grow their online businesses, and we believe NetLedger
will be a very useful tool for many of our merchants,"
said Jennifer Rogers, senior vice president of Network
Commerce. "As an online store builder, we are continually
looking for ways to simplify our processes for our FreeMerchant.com
members, and the single sign-on feature is a great example
of how we can do that."
About Single Sign-on Technology
NetLedger's single sign-on technology enables users
of independent, secure Web-based applications to move
seamlessly between those applications without entering
separate user names and passwords. Users can access
NetLedger directly from the FreeMerchant Web site, be
presented with a sign-up form populated using XML, or
be logged directly in to their account in a single click.
Further, by ensuring that users never have to enter
their passwords for one application in another, the
security of their passwords is maintained.
About Network Commerce Inc.
Established in 1994, Network Commerce Inc. (Nasdaq:
NWKC) is the global technology infrastructure and services
company. Network Commerce provides a comprehensive technology
and services platform including domain registration
services, hosting services, commerce services, business
services, one-to-one marketing services, wireless technology,
and online marketplaces. Network Commerce's technology
and services platform operates on the infrastructure
of four data centers, over 500 servers, and bandwidth
of 50 megabits per second. Network Commerce is headquartered
in Seattle.
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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