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

NETSUITE 10.0 NAMED WINNER OF PC MAGAZINE TECHNICAL EXCELLENCE AWARD FOR ENTERPRISE SOFTWARE

SAN MATEO, CA—January 4, 2005—NetSuite, Inc., the fastest-growing on-demand software company in Silicon Valley, today announced that PC Magazine named NetSuite 10.0 a winner of its 21st annual Technical Excellence Awards in the enterprise software category. PC Magazine's Excellence Awards are given out to the year's most innovative products and technologies and the people who did the most to move the industry forward. NetSuite 10.0, named the best application in the enterprise software category, is the world's most popular on-demand integrated CRM/ERP/Ecommerce solution for small and mid-size companies. For information about the award, please go to www.netsuite.com/pcmagaward. NetSuite’s award-winning products include NetSuite, NetSuite Small Business, NetERP, NetCRM, and NetCommerce.

"We're delighted to receive this award from PC Magazine, the most well established and respected authority on computing and Internet technologies," said Evan Goldberg, CTO and co-founder of NetSuite. "Our goal from the very beginning has been to provide the most robust and reliable on-demand enterprise software solution. We are honored by this distinction and recognition of our efforts."

"These awards are for technical innovation, and we're quite pleased to recognize NetSuite for its pioneering work in enterprise applications," said Michael J. Miller, editor-in-chief, PC Magazine. "NetSuite's integration of different facets of enterprise applications is a great example of the amazing changes and breakthroughs we see in the technology market."

###