Press Releases

NETLEDGER NAMES NEW VICE PRESIDENT OF MARKETING TARA RYAN JOINS NETLEDGER FROM DELOITTE CONSULTING

SAN MATEO, CA—February 7, 2003—NetLedger, Inc., makers of Oracle® Small Business Suite, today announced a major step in its aggressive move to build brand awareness and support the rapid growth of sales by bringing on board Tara Ryan as vice president of marketing. At NetLedger, Ms. Ryan will lead the company's brand development, lead generation, product marketing, and corporate communications to further increase the visibility and awareness of the company's award-winning products including Oracle Small Business Suite and NetSuiteT. The Oracle Small Business Suite name is used under license from Oracle Corporation (NASDAQ: ORCL).

"We are very excited to have someone of Tara's experience, capability and integrity join our team," said Zach Nelson, president of NetLedger. "Her proven capabilities will make our selling efforts in the small and medium market segment even more successful."

Ms. Ryan brings to NetLedger extensive experience spanning more than 10 years in the advertising, marketing and branding of technology companies. Ms. Ryan joins NetLedger from Deloitte Consulting, where she was director of worldwide marketing. While at Deloitte Consulting, Ms. Ryan successfully launched global marketing campaigns, and developed alliances with companies such as SAP, Hewlett-Packard, IBM, PeopleSoft, Oracle and Siebel. Prior to Deloitte Consulting she was vice president of worldwide marketing at Commerce One, where she was responsible for all marketing initiatives and created innovative marketing and PR campaigns, which led to Commerce One's position as the number one Internet marketplace. Before that Ms. Ryan spent three years as vice president of worldwide marketing at Network Associates. While at Network Associates, she developed creative marketing campaigns and was the driving marketing force behind McAfee.com's successful IPO. She also held various marketing positions at Oracle Corp.

Ms. Ryan holds a B.A. in history from the University of California at Los Angeles and is a regular participant in industry associations such as the International Advertising Association, Business Marketing Association and Direct Marketing Association. She is a regular speaker and lecturer on branding for international business and software marketing.

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

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