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

ASPNews.com Names NetLedger a Top 20 ASP in the ASP Industry
The List of Top 20 ASPs Unveiled at the ASP Summit at Comdex Chicago 2001

San Mateo, CA. - April 3, 2001 - NetLedger, Inc., the leader in Web-based solutions that streamline small businesses and help them succeed, today announced that ASPNews.com has named the Company one of the top 20 players in the ASP Industry. Phil Wainewright, founder and consulting analyst at ASPNews.com, unveiled his list of Top 20 ASPs today at the ASP Summit at Comdex Chicago 2001.

Having received accolades from prestigious publications such as PC Magazine, PC World, and Ziff Davis Smart Business, NetLedger is excited to be recognized by one of the world's leading authorities in the ASP industry. ASPNews.com's selection of Companies for inclusion in the ASPnews global top 20 ASPs are based on the following five criteria:

  • ASP and/or web services as their core business
  • The size of their active customer base
  • Demonstrable, proven revenue streams
  • Innovation within the ASP and/or web services models
  • Recognition as a leader by others within the industry

Along with the rest of top 20 ASPs, NetLedger will be featured on the ASPNews.com Web site at www.aspnews.com.

Phil Wainewright, founder and consulting analyst at ASPNews.com, said, "After detailed analysis of the industry, I have identified the companies that have shown themselves to be the strongest, most dynamic and successful players in the ASP market. NetLedger has demonstrated a clear leadership position in the ASP industry with proven revenue streams, a strong and expanding customer base and an innovative approach to the ASP model. As such, it claims its place in this list of the top twenty ASPs in the world today."

"We are honored to be highly recognized by the ASP industry's leading authorities such as Phil Wainewright," said Evan Goldberg, president and CEO of NetLedger. "This recognition, further, demonstrates NetLedger's proven success. We pioneered the ASP category for small businesses. We have become the leader in our category and we will continue to solidify our leadership position."

About ASPNews
ASPnews.com is the world's premier source of news and analysis for and about the ASP industry. Established in October 1998, it has earned a global reputation among vendors, providers and their customers for the breadth and insight of its content. As well as its online properties, ASPnews.com is the home of premium content titles such as the ASP News Review industry executive newsletter and a series of acclaimed special reports on ASP business and technology trends. In January 2000, the business became part of Internet.com Corp (Nasdaq: INTM), headquartered in Darien, CT, a leading provider of global real-time news and information resources for Internet industry and information technology professionals, Web developers and Internet users.

Magazine Editors' Choice Award, PC World Best Bet and Ziff Davis Smart Business MVP 2001 Award.

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

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