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Contact:

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

NETSUITE ONEWORLD RECEIVES 2008 PRODUCT OF THE YEAR AWARD FROM CUSTOMER INTERACTION SOLUTIONS

Latest Award Recognises NetSuite's Vision and Leadership

SAN MATEO, Calif—December 31, 2008—NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for mid-market enterprises and divisions of large companies, today announced that NetSuite OneWorld has won a 2008 Product of the Year Award from Customer Interaction Solutions magazine. NetSuite OneWorld is a cloud computing solution that enables multinational and multi-subsidiary companies to manage their global business operations in real-time. This is yet another in the long list of awards that NetSuite has received in 2008. For more information about these awards, please visit www.netsuite.com/awards.

Launched in April 2008, NetSuite OneWorld is to date the first and only announced on-demand system to deliver real-time subsidiary management and business consolidation capabilities to mid-market companies for accounting / enterprise resource planning (ERP), customer relationship management (CRM) and Ecommerce operations, at a fraction of the cost of traditional on-premise ERP solutions. Since its launch, NetSuite OneWorld has gained popularity not only in North America, but also in Europe and Asia Pacific. For more information about NetSuite OneWorld, please visit www.netsuite.com/oneworld.

In granting this prestigious award, the editors of Customer Interaction Solutions selected companies that displayed vision, leadership and attention to detail. Executive Group Publisher and Editor-in-Chief of Customer Interaction Solutions magazine Nadji Tehrani commented: "The award recognises the industry's most innovative products."

"Again, we are proud to distinguish the greatest achievements in the advancement of call centres, CRM and teleservices technologies in 2008," Tehrani said. "These companies have proven that they are dedicated to quality and excellence in solutions that benefit the customer experience as well as ROI for the companies that use them. We're proud to honor their achievements."

For information about NetSuite Inc., please visit www.netsuite.com.