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

NetLedger Announces Salesforce.com Migration Program
More Than 30 Companies Migrate from Salesforce.com's Legacy, Standalone SFA Application to NetLedger's Integrated Front Office/Back Office Suites

SAN MATEO, CA, December 13, 2002 - NetLedger, Inc., makers of Oracle� Small Business Suite, today announced new migration capabilities enabling businesses to switch from Salesforce.com's legacy stand-alone SFA application. Called the Legacy SFA Switch Program (www.netledger.com/switch), NetLedger's new offering includes products, migration services, and license credits that make it easy for businesses to move from an isolated salesforce management application to an integrated business management suite. This new program complements the company's existing migration tools that enable users of legacy front-office systems (Goldmine� and ACT!T) and legacy back-office (QuickBooks� and Peachtree�) to easily migrate to a modern integrated application such as Oracle Small Business Suite. The Oracle Small Business Suite name is used under license from Oracle Corporation (ORCL).

Among the more than 30 companies that have migrated from Salesforce.com to NetLedger's business suites in the past months are The Steele Foundation, Designs for Health, and SmartSynch.

"With offices on four continents, we have a geographically diverse workforce with a strong need for integration," said Todd Lane, CFO of The Steele Foundation (www.steelefoundation.com) based in San Francisco, Calif., which provides enterprise risk management solutions to corporations and governments. "Before learning about NetSuite we used Salesforce.com and a variety of diverse applications which by themselves worked fine, but not together. Now we have one simplified, NetLedger application in their place. We're excited to watch our productivity increase as a result of NetSuite. The whole process of migration is easy due to NetLedger's migration technology and the professional services team."

"Previously we used Salesforce.com for SFA and other products for accounting, said Nola Nicolas, Director of Marketing for Jackson, Miss.-based SmartSynch (www.smartsynch.com), a leading provider of smart metering solutions to the energy and utility industry. "But after learning about NetLedger, I thought why should we have two systems when we can do it all with one? We have a small sales team that will grow over time. It wasn't too hard moving over our data, so we're glad we switched to NetLedger when we did."

Jonathan Lizotte is founder and CEO of Designs for Health (www.designsforhealth.com), an East Windsor, Conn.-based provider of nutritional supplements to physician groups nationwide, Previously Lizotte used Salesforce.com specifically for his sales and CRM (customer relationship management), but it did not integrate with his other business functions like he had hoped. "Salesforce.com was so esoteric that I wasn't able to use it properly. Using NetLedger's CRM, our salespeople can track their sales and contacts in a very simple format. And it integrates directly into our company's financial information, part of the same Oracle Small Business Suite. It is a beautiful resource for us." Lizotte figures the Suite has saved him and his sales reps, which are spread out over six states, about $80,000 in time, overhead and capital expenses this year.

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

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