NetSuite Inc. celebrated its initial public offering and began trading on the NYSE on Dec. 20, 2007 under the ticker symbol “N.”

NetSuite Inc. (NYSE: N)
NetSuite Inc. is a leading vendor of on-demand, integrated business software suites that include Enterprise Resource Planning (ERP) / Accounting software, Customer Relationship Management (CRM) and Ecommerce software for the mid-market enterprise and divisions of large companies. NetSuite enables companies to manage core business operations in a single system. NetSuite’s patent-pending “real-time dashboard” technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

SAN MATEO, Calif. — June 12, 2008 — NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for the mid-market enterprise and divisions of large companies, today announced a new vertical suite for manufacturing companies. NetSuite for Manufacturers, which includes new functionality for Assembly, Work Order and Bill of Materials, takes aim at SAP’s core market and seeks to exploit the prolonged delay of SAP’s Business ByDesign product roll-out, providing mid-sized manufacturers with an integrated on-demand solution they can put to work today.

” NetSuite has been offering vertical suites for the wholesale / distribution industry for a while with a proven track record,” said Bruce Richardson, Chief Research Officer, AMR Research. “Manufacturers have been longing for SaaS offerings to build better overall total cost-of-ownership. Until this release from NetSuite, there haven’t been any broad SaaS product offerings that include financials, CRM, Ecommerce and manufacturing. The on-demand suite approach — pioneered by NetSuite — could prove to be a major market accelerator.”

Today’s new release leverages the core strength of the NetSuite Wholesale / Distribution Edition — launched in April 2006 — and is a natural progression of NetSuite’s leading role in delivering Software-as-a-Service (SaaS) business suites designed to address the specific requirements of vertical industries. NetSuite’s offering for manufacturing, initially aimed at the light manufacturing sector, is also the latest example of how NetSuite’s SaaS-based business management technology has evolved to address more complex processes in industries long dominated by on-premise vendors such as SAP. The company’s rapid move into manufacturing comes at a difficult time for SAP, as they have struggled to deliver their own on-demand offering, Business ByDesign, to address customer requirements in their core market. NetSuite for Manufacturers now gives SAP customers and others an option they can purchase and deploy without delay. For more information about NetSuite for Manufacturers, please visit www.netsuite.com/manufacturing.

Manufacturers Have Varying Challenges
Light manufacturing businesses typically overlap with wholesale / distribution and span a huge spectrum of categories from apparel to furniture to small electronics. Regardless of which category a light manufacturer is in, the challenge has always been the management of the bill of materials, assembly build and work order process for both production orders that add to general stock levels, as well as special orders built uniquely for one customer. Software traditionally used by mid-market light manufacturing companies encompasses dozens of on-premise silo applications — one for accounting, one for customer relationship management, one for work orders, one for inventory management, one for warehouse management. The list goes on. This fragmented approach can add large IT cost, introduce a high rate of errors throughout the business process, provides little visibility on available-to-promise inventory, and decrease business efficiency and accuracy.

Enterprise Power at Lower Total Cost-of-Ownership
NetSuite for Manufacturers provides companies with essential visibility into the key build processes that light manufacturers need to compete effectively in the market. Since NetSuite’s delivery model is SaaS and all functionality and data is within one system, the total-cost-of-ownership is greatly reduced and light manufacturers gain the following benefits:

Greater insight into production processes — from inventory, to assembly, to demand based replenishment;
Real-time visibility throughout the entire organization — from sales to warehouse operations to invoicing;
Minimal integration hassle — NetSuite provides one system to manage the end-to-end business life-cycle;
Cost savings — reduced IT costs, reduced labor costs and reduced errors;
Reduced risk — instant information can help reduce time to respond to change;
Stay competitive in the ever competitive global economy for light manufacturers.
Powerful Functionality Key to Light Manufacturers
NetSuite adds a myriad of important functionality that is key to running a light manufacturing business. The new features unveiled today include:

Assembly Management — building on NetSuite’s core strength in inventory and warehouse management, assembly items have been extended specifically for light manufacturers which enable companies to more effectively manage component quantities and multi-level assemblies. Assemblies are closely tied with work orders and allow for multi-level assemblies to be built one level at a time, or all at once.
Work Orders — new work order capabilities allow light manufacturers to readily manage the build process for production work orders to replenish standing inventory levels of finished goods or special order work orders built to exact specifications for a particular customer. For example, a furniture light manufacturer may have standard sized wood or glass-top dining tables they build on an on-going basis, but they may also offer custom-sized dining tables as a special order for individual customers.
Bill of Materials (BOM) — any build process requires a bill of materials that outlines what components are required to successfully build the finished good. BOMs are tightly coupled with both assemblies and work orders and cover the components required for a single assembly plus all the components required by a particular work order. Assembly instructions can also be included in the printable BOM in PDF format.
Demand-Based Inventory Replenishment — light manufacturers can now dynamically set re-order points and preferred stock-levels for both components of assemblies as well as finished goods based on a variety of factors including average lead time, historical or seasonal sales demand, and number of days from supply to stock. Work orders drive the demand for components as they are completed, thereby automating the replenishment of source materials and components.
“Today’s launch of NetSuite for Manufacturers validates our strong commitment to vertical industries by delivering functionality designed to drive greater efficiencies and competitiveness,” said Mini Peiris, NetSuite’s VP of Product Marketing. “NetSuite enables manufacturers to automate complex business processes without the cost and complexity of cobbling together multiple business applications, and numerous spreadsheets. As a result, customers can stop wasting precious resources and start focusing on increasing customer service levels, cutting costs, and growing their businesses.”

Pricing and Availability
NetSuite for Manufacturers is available now at $999 per month and $99 per user per month.

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

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

SAN MATEO, Calif. — June 12, 2008 — NetSuite Inc. (NYSE: N) , a leading vendor of on-demand, integrated business management software suites for the mid-market enterprise and divisions of large companies, today announced the latest product extensions to NetSuite built by NetSuite developer partners using the NetSuite Business Operating System (NS-BOS). These new ISV-built solutions are focused on meeting the specific needs of manufacturing companies and the availability of these solutions was timed to coincide with today’s unveiling of NetSuite for Manufacturers (please see separate product news announcement). The NetSuite ISV partners include Omnify Software, Configure One, SuiteCommerce, and SPS Commerce. For more information about NS-BOS, please visit www.netsuite.com/NS-BOS.

“These partners illustrate the power and flexibility of NetSuite’s platform,” said Per Jacobsen, NetSuite’s Vice President of Product Management. “Whether building new vertical solutions, or extending, customizing, and delivering specific industry processes, the NS-BOS development platform enables our partners to focus their energy on building their solutions and business, and not on delivery. This helps them to rapidly expand into increasingly dynamic and vertical markets with best-of-breed functionality.”

In today’s dynamic market, companies require solutions designed for their specific business. At the same time, ISVs and developers are looking to transition their applications to Software-as-a-Service ( SaaS) to reduce infrastructure costs and allow customers to take advantage of the numerous benefits that SaaS applications offer. NS-BOS delivers the SaaS development platform that addresses these two growing market trends. By building on and extending the core of NetSuite, NS-BOS increases ISVs speed-to-market. This is because every vertical application can interact with and leverage the core ERP / CRM / Ecommerce functionality of NetSuite and related data managed by the suite. This way, developers can focus on their vertical differentiation rather than spending time on “horizontal” functionality such as quote or order management.

Omnify Software, Configure One, SuiteCommerce, and SPS Commerce are a few of the many NetSuite ISVs and VARs who are taking advantage of the power of NS-BOS to offer industry-specific solutions that span a range of applications — from product lifecycle management to configurator-based quoting and sales. The following are highlights of their most recent NetSuite-based solutions:

Omnify Software ( www.omnifysoft.com) — Delivers a business-ready Product Lifecycle Management (PLM) solution that offers visibility into the entire product development process by providing a single, secure location to manage the product record including: component data, bill of material, engineering change, documentation, project, quality/CAPA, training records, and compliance information.

“Becoming a member of the NetSuite BOS Developer Program bolsters Omnify’s commitment to partnering with complementary technology vendors,” said David Whitney, vice president of strategic sales for Omnify Software, based in Andover, Mass. “Integration between Omnify and NetSuite benefits manufacturing customers by automating the flow of product information between Omnify and NetSuite to eliminate manual data entry, improve change management processes and ensure that manufacturing always receives current and accurate product data.”

Configure One ( www.configureone.com) — Designed for manufacturing companies who produce highly configurable or customized products, such as in assemble-to-order or engineer-to-order environments. The solution prevents the selection of incompatible options, enabling a guided-selling process with images and help links while allowing the dynamic creation of bills of material based on pre-defined rules.

“Our product and NetSuite complement each other very nicely, and we’re excited about becoming a NS-BOS Developer Partner,” said Mike McDonnell, Vice President of Product Development for Configure One, based in Oak Brook, Illinois and Essex, England (UK). “Manufacturing companies such as Satcom Resources can now create configurations and proposals within NetSuite using our Concept Product Configurator and readily convert the proposals to a NetSuite sales order once the business is won. In addition, Concept can also automatically create new items and generate bills of material on-the-fly, all within NetSuite.”

SuiteCommerce ( www.suitecommerce.com) — Delivers an online product configurator allowing manufacturers to let their customers self-service order more complex products online. In addition, SuiteCommerce delivers a set of NS-BOS based advanced Ecommerce capabilities, including product reviews and integrated Google Analytics.

“By leveraging the NS-BOS platform, we’ve been able to rapidly build a broad range of advanced ecommerce applications useful to manufacturers, who increasingly require a direct web connection to their channels and customers,” said Diego Terra, CEO of SuiteCommerce, based in Miami, Fla. “Relying upon NS-BOS allows our company to focus on building our business and not delivery.”

SPS Commerce ( www.spscommerce.com) — Offers market-leading B2B integration & EDI outsourcing services for seamless connections to supply chain trading partners. NetSuite solutions, including NetSuite for Manufacturers, are pre-wired for SPS’ network of more than 1,200 trading partner relationships. SPS integrates trading partner information with NetSuite’s order management, fulfillment and promised delivery dates to the customer. These streamlined communications help manage manufacturing production flow, providing end-to-end visibility from raw material delivery to finished goods.

“Manufacturers are looking to streamline their systems while improving their ability to support and sell products to their customers,” said David Novak, Executive Vice President of Business Development at SPS Commerce. “The strategic partnership between NetSuite and SPS Commerce has delivered an integrated on-demand solution that enables manufacturers to meet the complex and growing requirements of trading partners using NetSuite. This one-system approach, made possible with NS-BOS, helps make trading partner communications more accurate, timely and automated.”

NS-BOS Momentum
Since its launch in February 2008, NS-BOS has attracted more than 1,000 ISVs and developers, who have created over 60 applications, built on NetSuite, across 15 vertical application areas. NetSuite Business Operating System (NS-BOS) delivers a platform for customization and vertical application creation that includes:

Software-as-a-Service (SaaS) Infrastructure — Third parties developing applications on NS-BOS will host those applications on NetSuite’s multi-tenant, on-demand architecture.
Complete Suite — By including the NetSuite application within the NS-BOS application development environment, developers can embed the industry-leading ERP / CRM / Ecommerce suite within their applications.
SuiteFlex — For development and customization specific to a single customer or an entire industry using everything from point-and-click tools to SuiteScript programming language — based on industry standard JavaScript — for the development of new applications that run within the NetSuite environment.
SuiteScript D-Bug — The first Platform-as-a-Service code debugger enables real-time code validation and testing against the complete NetSuite application, enabling faster iterative development.
SuiteBundler — Breakthrough technology which allows for the delivery of ISV-built vertical solutions to SaaS customers in a packaged, repeatable manner — just select and inject — eliminating time-consuming, error prone overhead costs of re-coding.
For more information about NetSuite Inc., please visit www.netsuite.com.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

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

NETSUITE CEO ZACH NELSON TO PRESENT AT WILLIAM BLAIR GROWTH STOCK CONFERENCE

Presentation to Showcase Advances in NetSuite’s Enterprise Resource Planning / Accounting Software, Customer Relationship Management Software and Ecommerce Software Suite

SAN MATEO, Calif. — June 10, 2008 — NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for small and mid-sized businesses and divisions of large companies, today announced that Zach Nelson, CEO of NetSuite, will present on Wednesday, June 18, 2008, at 7:50am (PDT) / 9:50am (CDT) / 10:50am (EDT) at the William Blair Growth Stock Conference to be held at the Four Seasons Hotel in Chicago.

An audio webcast of Mr. Nelson’s presentation will be available on NetSuite’s Investor Relations Web site at www.netsuite.com/investors.

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

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

SAN MATEO, Calif. and MIAMI, Fla. — June 9, 2008 — SuiteCommerce, an Ecommerce and web software development company, today announced that it has built a powerful set of Ecommerce solution extensions to NetSuite leveraging the NetSuite Business Operating System (NS-BOS). NetSuite Inc. (NYSE: N) is a leading vendor of on-demand, integrated business management software suites for small and medium-sized businesses and divisions of large companies. These Ecommerce solution extensions are geared to help etailers increase sales and improve the shopping experience for their customers. And they extend the power of NetSuite’s integrated business management software suite, the winner of the 2008 CODiE Award for “Best Ecommerce Solution,” by adding the ability for etailers to:

Display Wish Lists and Gift Registries to let Web store shoppers save their favorite goods (and let others buy it for them)
Create Product Configurators to let online store shoppers customize and configure their purchases
Publish Product Reviews by past shoppers, with merchant approval and removal capabilities
Notify shoppers when Back-Ordered items come back in stock
Integrate Google Analytics with Revenue Analysis to any NetSuite Ecommerce site
Customize Search to allow for refining search results and presenting dynamic search and sorting capabilities
Offer Gift Wrapping or other extra charge services.
For more details, please visit www.suitecommerce.com.

The NetSuite Business Operating System (NS-BOS) is a Software-as-a-Service (SaaS) application development platform that combines easy-to-use tools and a comprehensive business management software suite, all atop a proven SaaS platform for software developers, ISVs and VARs to rapidly deliver deep, best-of-breed industry solutions. SuiteCommerce uses the NS-BOS development platform to develop and distribute its Ecommerce solution extensions to NetSuite, drawing from its years of experience providing value-add solutions for many etailers who depend on NetSuite to power their ecommerce site.

“We welcome SuiteCommerce into the growing community of NS-BOS partners who are gaining significant customer traction by participating in the NetSuite partner ecosystem,” said Michael Ni, Vice President, Industry Solutions and Ecosystem, NetSuite. “SuiteCommerce further demonstrates that our partners using the NS-BOS development platform can focus on building their solutions and business, and not on delivery. This enables them to rapidly expand into increasingly dynamic and vertical markets with best-of-breed functionality.”

“By leveraging the NS-BOS platform, we’ve been able to rapidly build a broad range of advanced ecommerce solutions,” said Diego Terra, CEO of SuiteCommerce. “Maximizing the integration and customization capabilities as well as NetSuite’s core applications, we can focus on our business and not just delivery.”

Several etailers have already experienced enormous benefits. Beyond simple website extensions, the following customers now have a unified suite for their business operations and a single data model embodied by the NetSuite core product offering:

KitchenWare Direct (www.kitchenwaredirect.com.au), a top online retailer in Australia, has improved its website conversion rate 110 percent since moving from its old platform to NetSuite with the ecommerce extensions from SuiteCommerce in April 2008. In addition, KitchenWare Direct’s search engine visibility has greatly improved and as a result, the company has kept and improved the most important keyword positions within organic results. Also, by integrating NetSuite self-service and case support management within its website, customer satisfaction has improved using the same staff, while order volumes have nearly doubled.
“With an already successful online business, choosing the right partners to facilitate our ongoing development was crucial,” said Peter Macaulay, CEO of KitchenWareDirect.com.au. “By partnering with NetSuite and SuiteCommerce, we have been able to leverage the full functionality of the NetSuite platform, giving us a fully integrated business management software solution that can scale with our future business expansion. For our requirements, SuiteCommerce was the leading NetSuite partner who could truly deliver the outcome we were looking for – and the results speak for themselves.”

InkjetSuperStore (www.inkjetsuperstore.com), a top etailer of printer supplies based in Los Angeles, who has been using NetSuite for several years, brought on the ecommerce solutions from SuiteCommerce in mid-April 2008, immediately improving its search capabilities by adding a robust search widget that allows instant searching by printer model or toner model. As a result, InkjetSuperStore has decreased its bounce and exit rates by 20 percent. In addition, shopping cart abandonment has been reduced by a whopping 1,200 percent by customizing the online store checkout process; the integration of Google Analytics with Revenue Analysis has provided greater visibility on trends; and the site’s shopper conversion rate is well above the industry average.
“Integrating SuiteCommerce Apps into NetSuite has had a significant impact on our customer satisfaction and conversion rates,” said George Sasson, VP of Marketing, InkjetSuperStore.com. “Also, we turned to the faceted navigation and product ratings features of SuiteCommerce to engage our customers before, during, and after the sale, and this also has greatly improved our business.”

Availability and Pricing:
SuiteCommerce extensions for NetSuite are now available to all NetSuite customers. For pricing and additional information, please visit www.suitecommerce.com.

SAN MATEO, Calif. — June 5, 2008 — NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for small and mid-sized businesses and divisions of large companies, today announced that its on-demand ERP/Accounting, CRM and Ecommerce software solution received a perfect 5-star rating in a detailed review of the industry’s top financial management and accounting products recently conducted by The CPA Technology Advisor magazine. Among the ten companies reviewed, NetSuite was recognized as the only company that delivers integrated ERP / Accounting, CRM and Ecommerce Software-as-a-Service (SaaS) while other companies provide on-premise products that require integration with multiple systems to achieve a complete business solution. This marks the fourth straight year that NetSuite has received a perfect 5 of 5 stars from The CPA Technology Advisor and reinforces NetSuite’s leadership position in the SaaS ERP market.

In its June / July issue, The CPA Technology Advisor evaluated 10 accounting software packages based on the following areas: ease-of-use / basic functionality; core accounting / security features; reporting & management functions; import / export / integration; help & support options; and relative value. NetSuite scored high points for features which relate to the art of managing human interaction through its seamless integration to CRM components, in addition to tackling core ERP and accounting needs that involve logical mathematical manipulation.

The review, which can be found at http://www.cpatechnologyadvisor.com/article/article.jsp?id=1998&pageNum=1, scored NetSuite with an overall rating of five stars — the maximum. The review summarizes NetSuite by stating: “geared to … entities with strong customer relationship requirements, particularly sales-centric concerns, e-commerce businesses and those with multi-national / multi-lingual requirements. The web-based system offers outstanding flexibility and customization options along with the convenience of anytime, anywhere access.”

For more information about The CPA Technology Advisor review, please visit www.netsuite.com/cpatechaward.

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

NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite Inc.

San Mateo, CA and Boston, MA — June 2, 2008 — NetSuite Inc. (NYSE:N), a leading vendor of on-demand, integrated business management software suites, today announced that it has signed a definitive agreement to acquire OpenAir, Inc., a leading provider of on-demand Professional Services Automation software. NetSuite has agreed to pay approximately $26 million in cash, net of cash on the balance sheet of OpenAir. In addition, at closing NetSuite will assume approximately $5 million of restricted stock units that will be held by the employees of OpenAir and which will continue to vest through mid-2010.

All 56 OpenAir employees are expected to become NetSuite employees and continue in their current roles upon close of the acquisition. In addition, NetSuite will establish an East Coast headquarters in OpenAir’s Boston location, and will continue to invest in the current OpenAir software solutions for a minimum of ten years. OpenAir customers will not be required to migrate to NetSuite products.

This acquisition brings together two of the industry’s leading providers of cloud computing business applications. Just last month, OpenAir’s professional services automation software won the 2008 Software and Information Industry Association (SIIA) CODiE Award for “Best Business Software Solution.” Since 2002, NetSuite has been a leader in creating business management software applications designed for specific industries. NetSuite’s acquisition of OpenAir will accelerate development of NetSuite’s products specifically designed for services companies, particularly project-and-time-based organizations in markets such as professional services, business and IT consulting, legal, accounting, and government contracting.

In addition to continuing to develop OpenAir’s current offerings on a stand-alone basis, later this year NetSuite and OpenAir will integrate their existing solutions via web services. Over time, OpenAir’s industry-leading features will be added to NetSuite’s ERP / CRM / Ecommerce suite, giving services-centric companies the option of deploying a seamless, end-to-end, on-demand business management software suite.

“OpenAir is the leader in on-demand Professional Services Automation Software, and its customers absolutely love the products. We are excited about leveraging OpenAir’s industry knowledge and customer insight to create the next generation of cloud computing business applications for Services Management,” said Zach Nelson, CEO of NetSuite. “The Services Industry is one of the fastest growing in the world, and the combination of NetSuite and OpenAir will enable us to accelerate our time to market and deliver a feature-rich, fully-integrated, on-demand suite specifically designed for time-and-project based companies.”

“The services market is in need of a major business application revolution not unlike the paradigm shift that took place in high-end manufacturing with the emergence of SAP and fully-integrated ERP systems. By combining OpenAir and NetSuite, we now have the resources to fully execute on our vision and transform the way Services-based companies operate,” said Morris Panner, CEO of OpenAir. “Our customers require integration with their back-office systems, and by combining forces with a leading provider of on-demand ERP suites, we can bring the seamless end-to-end automation for which modern services-based businesses are clamoring.”

“The combination of NetSuite and OpenAir is the holy grail of business systems for a services company. I always thought the OpenAir solution would benefit greatly by incorporating broader business functionality to manage a services business,” said OpenAir customer Jeff Greenberg, Managing Director, Prevalent Networks. “Now the combination of NetSuite and OpenAir could replace my aging and limited ERP systems with the same robust, yet easy-to-use functionality I get with OpenAir.”

The merger is subject to customary closing conditions. Closing is anticipated to take place in June 2008.

Under EITF 01-03 “Accounting in a Business Combination for Deferred Revenue of an Acquiree,” NetSuite will not be able to recognize in future periods the majority of deferred revenue that is currently on the balance sheet of OpenAir. As such, the impact of the acquisition on NetSuite’s revenue in 2008 is not expected to be significant and as a result the acquisition is expected to lead to increased GAAP and non-GAAP net losses in 2008. However, NetSuite expects the transaction to be neither dilutive nor accretive to NetSuite’s 2009 non-GAAP earnings.

Assuming that the OpenAir acquisition closes in the expected timeframe, NetSuite expects its revenue for the second quarter of 2008 to remain unchanged from the prior outlook of $36.0 million to $36.7 million. Non-GAAP net loss per share (which excludes stock-based compensation expense and acquisition related expenses) for the second quarter of 2008 is expected to be in the range of $(0.02) to $(0.01). Non-GAAP net loss (which excludes stock-based compensation expense and acquisition related expenses) for the same period is expected to be between $(1.0 million) to $(800,000). This range is within the company’s previously stated outlook.

For 2008, revenue is expected to be in the range of $156 to $159 million and non-GAAP net loss is expected to be in the range of ($3.5 million) to ($2.5 million). Non-GAAP net loss per share for 2008 is expected to be in the range of $(0.06) to $(0.04)

SAN MATEO, Calif. — May 29, 2008 — NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites, today announced that Per Brondum Jakobsen, a former Salesforce.com executive with more than 20 years of experience in the enterprise and CRM software industry, has been named NetSuite’s new Vice President of Product Management. In this role, Jakobsen will spearhead the strategy, initiatives and operations of product management relating to NetSuite’s Accounting / ERP (Enterprise Resource Planning), CRM (Customer Relationship Management) and Ecommerce software suites, as well as lead NetSuite’s product management team. By bringing Jakobsen on board, NetSuite is taking a further step in its plan for product expansion to meet the needs of mid-market enterprises.

“Per Brondum Jakobsen is a first-rate technology professional with a proven track record in the enterprise and CRM software industry,” said Evan Goldberg, Founder, Chairman and CTO of NetSuite. “Per will be a terrific addition to our team as we take NetSuite’s product offerings to the next level.”

Jakobsen has held executive positions at a number of high profile companies throughout his career. He was Vice President, Products Strategy at Salesforce.com from 2005 to 2008, where he spearheaded the team responsible for designing and launching a new Financial Services CRM vertical. He also oversaw Salesforce.com’s largest CRM software implementation to date, a purchase of 25,000 user seats by Merrill Lynch. Prior to that, Jakobsen was Vice President, Services and Operations at Ventaso Inc., based in San Francisco. Earlier in his career, he held executive positions with Closedloop Solutions (now Lawson Software), Sigaba®, and OnWire Technologies Inc. (now Quest Software). Previously, Jakobsen spent 10 years at Oracle Corporation (NASDAQ: ORCL) in Denmark and the U.S.

“I am thrilled to join NetSuite, especially at this pivotal point in NetSuite’s business,” said Jakobsen. “The launch of NetSuite OneWorld has put the Software as a Service industry light years ahead of most existing companies. It’s amazing to see that NetSuite has been able to deliver a solution that most companies have only dreamed of deploying.”

Jakobsen has a bachelor’s degree in Economics and a master’s degree in Operations Research, both from the Aarhus Business School of Economics in Denmark.

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

NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite Inc.

Event to be Webcast From the New York Stock Exchange on Friday, June 13, 2008

SAN MATEO, Calif. — May 28, 2008 — Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for small and mid-sized businesses and divisions of large companies, today announced that it will host a Financial Analyst Day on Friday, June 13, 2008 at the New York Stock Exchange. The event will take place from 10:30 a.m. until approximately 3:30 p.m. EDT.

A live webcast of the event will be available on NetSuite’s Investor Relations Web site at www.netsuite.com/investors.

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

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

SAN MATEO, Calif. — May 28, 2008 — NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for small and mid-sized businesses and divisions of large companies, today announced that Jim McGeever, NetSuite’s Chief Financial Officer, will present at the Oppenheimer Annual Communications & Technology Conference to be held at the Four Seasons Hotel in Boston, MA on Wednesday, June 4, 2008. The conference will begin at 7:30am (PDT) / 10:30am (EDT).

An audio webcast of Mr. McGeever’s presentation will be available on NetSuite’s Investor Relations Web site at www.netsuite.com/investors.

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

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.