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Contact:

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

NETSUITE RECEIVES TMC LABS 2005 INNOVATION AWARD FOR CUSTOMER INTERACTION SOLUTIONS MAGAZINE

NetSuite Singled Out for Outstanding Innovation

SAN MATEO, Calif.—September 28, 2005—NetSuite announced today that Technology Marketing Corporation's TMC Labs division named NetSuite 10.0 as a 2005 Innovation Award winner from Customer Interaction Solutions magazine. NetSuite was selected for this award based on the uniqueness of NetSuite 10.0, which helps raise the bar for CRM standards. This is one of the many accolades NetSuite has won thus far this year to recognise the excellence of NetSuite's product offerings. With thousands of customers globally, NetSuite is the leading provider of on-demand business management software for the small and medium-sized www.netsuite.com/TMCaward05.

"We are honored that TMC Labs has recognised NetSuite's contributions to the CRM industry with the 2005 Innovation Award," said Zach Nelson, CEO of NetSuite. "We strive to exceed industry expectations, which inevitably pushes the CRM industry forward and sets the standards."

"NetSuite has clearly demonstrated to the staff of TMC Labs that NetSuite's product is truly innovative in the CRM industry. New companies, new products and new services for CRM and call/contact centres are being created all the time. With the great advances in technology, there's never been a greater need for this award," said Nadji Tehrani, founder and chairman of TMC, publisher of Customer Interaction Solutions.

"The TMC Labs Innovation Awards are based solely upon the uniqueness of the company's offering or how pioneering the particular product or service is. It is not based on company revenue or number of products sold. It is based on the concept that NetSuite is innovative," according to Tom Keating, CTO and TMC Labs Editorial Director.

Keating continued, "NetSuite deserves this great honor for creating a ground-breaking CRM product. I look forward to seeing other innovative solutions from NetSuite as they continue to contribute to the future of the CRM marketplace."

The TMC Labs 2005 Innovation Award highlights will be published in the October and November 2005 issues of Customer Interaction Solutions magazine.

About TMC®
Technology Marketing Corporation (TMC) publishes two print magazines: Customer Interaction Solutions, and Internet Telephony; five digital publications, SIP Magazine, Speech-World, WiFI Telephony Magazine, VoIP Developer, WiMAX Magazine; and the online publications TMCnet.com, Planet PDA Magazine, WiFi Revolution, Alternative Power and BiometriTech. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. TMC produces INTERNET TELEPHONY Conference & EXPO, The VoIP Developer Conference, Speech-World Conference, IP Contact Centre Summit and The Global Call Centre Outsourcing Summit. TMCnet.com publishes more than 25 topical online newsletters. For more information about TMC, visit its newly redesigned Web site at www.tmcnet.com.