Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
NetLedger Partners with Cyberbills to Offer Powerful
One-Stop Online Accounting and Bill Management Solutions
San Mateo, CA. — April 18, 2000 — NetLedger,
Inc., the gateway to e-commerce and world's first provider
of a Web-based accounting solution for small businesses,
today announced it has entered into a strategic relationship
with CyberBills, the pioneer in total bill management
and the creator of StatusFactory.com, the company's
own consumer portal through which services are accessed.
As a result of today's announcement, customers of NetLedger
will receive the benefits of a complete suite of Web-based
accounting and bill payment solutions.
"Combining NetLedger's accounting solution with
CyberBills' bill management solution, we're able to
offer small businesses the best of online services to
help manage their finances," said Bill Mirbach,
president and CEO of NetLedger, Inc.
Effective immediately, NetLedger's customers will have
access to StatusFactory.com allowing them to have convenient,
one-stop access to the billing, payment service as well
as status update. Similarly, StatusFactory.com users
can sign up for NetLedger's full-featured, multi-user
accounting solution, NetLedger™ Plus. This solution
is built on the robust, reliable and secure Oracle 8i
database, and brings Fortune 500 power and functionality
to small businesses. It is accessible at www.netledger.com.
"Together with NetLedger, we bring customers high-performance,
reliable business services that are easy-to-use, convenient
and save time," said Murali Chirala, president
and co-founder of CyberBills.
About CyberBills. CyberBills, based in Santa Clara,
Calif., is the first company to offer Total Bill ManagementT
service over the Internet. CyberBills provides consumers
and small businesses with a compelling and convenient
way to view, pay, manage and automate all of their bills
online, whether paper or electronic. Total Bill Management
is available through CyberBills' channel partners as
a private-label service and is also offered directly
to consumers at StatusFactory.com, a lifestyle portal.
Backed by the "StatusFactory Guarantees," StatusFactory.com's
service offers a comprehensive set of consumer guarantees
including time-savings, security, accuracy, excellent
customer service, and cost-savings, among others. CyberBills
remains a pioneer in consumer and small business Internet
services by continually expanding its vision of consolidating
customers' daily tasks online. For more information
about CyberBills, visit www.cyberbills.com or www.statusfactory.com.
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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