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Contact:

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

NETLEDGER CEO ZACH NELSON TO SPEAK ON DCI KEYNOTE PANEL

Presentation Showcases Award-Winning NetSuite, the Most Widely Used On-line CRM/ERP application for Medium-Sized Businesses

SAN MATEO, CA. June 12, 2003—NetLedger, Inc., makers of Oracle Small Business Suite, today announced that company CEO Zach Nelson will be featured at DCI’s Customer Relationship Management Conference and Exposition on the Executive Keynote Panel entitled "Mid-Market CRM – The Emerging Battleground" on Thursday, June 19 at 1:00 p.m. EDT at Hynes Convention Centre in Boston, Mass. In a separate session on Wednesday, June 18 at 3:00 p.m., NetSuite customer Jonathon Lizotte, CFO and founder of Designs for Health (www.designsforhealth.com), will present his success in replacing salesforce.com’s stand-alone SFA application with NetSuite, the most widely used integrated front- and back-office application suite. This presentation will show the audience how Designs for Health has achieved annual savings of $80,000 and 135 percent increase of annual revenues with NetSuite. The Oracle Small Business Suite name is used under license from Oracle Corporation (NASDAQ: ORCL).

NetLedger will exhibit at booth #1500 to showcase its award-winning NetSuite, which has been licensed by more than 1000 mid-sized businesses and divisions of large enterprises. NetSuite integrates front-office, back-office and online operations, delivering automated business management processes from sales, marketing and support to financials, inventory management, payroll, and supply chain at a fraction of the cost for traditional, non-integrated software solutions.

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

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