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


Evan Goldberg Named as NetLedger CEO

San Mateo, CA. - August 31, 2000 - NetLedger Inc., the leading application service provider (ASP) that enables small businesses to run totally online, today announced that Evan Goldberg, the founder and CTO, has assumed the post of CEO at NetLedger. Evan's predecessor Bill Mirbach will step into a new role as Vice Chairman on the Board of Directors, where he will continue to help guide NetLedger's future.

For the last year, Goldberg has been the company's Chief Technology Officer, focusing on the technical development of NetLedger's small business solution. He now plans to build on NetLedger's leadership position to expand NetLedger's customer base and establish key partnerships.

"The mission of NetLedger has been consistent since its inception: to give big company power to the small business," said Goldberg. "I am excited to reassume the role of CEO to advance NetLedger towards this vision. Bill's continued participation as Vice Chairman will provide me with a valuable source of expertise. The future is extremely bright for NetLedger."

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