NetSuite Named Best Cloud Application at UK Cloud Computing World Series Awards

LONDON, August 12, 2010 - NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based
financials / ERP software suites, today announced that NetSuite has been
awarded Best Cloud Application at the Cloud Computing World Series Awards
2010, which took place recently in London. NetSuite was voted the best cloud
application by a panel of leading independent experts, beating out several
other vendors to win the award. For more information about NetSuite's awards,
please visit www.netsuite.com/awards.

The Cloud Computing World Series Awards are designed to showcase the full
cloud computing supply chain, including vendors, suppliers, integrators and
end-users to offer a complete view of the industry. Hundreds of entries were
received for this year's awards, with a shortlist of three decided upon for
each category by an independent panel of judges, including leading
journalists and analysts from the IT community. For more information on the
awards, please visit: cloudwf.com/awards.

Cloud Computing World Series Award judge, John Chapman, Editorial
Director for IT Europa, commented that NetSuite is "a real market leader."

The criteria for the Best Cloud Application award examined the extent to
which an application's architecture leverages the cloud, eliminating the need
to install and run the application on the customer's own computers, thus
alleviating the burden of software maintenance, ongoing operation and
support.

"The UK technology industry has once again recognised NetSuite a leading
choice for cloud-based business software," said Steve Sydes, Managing
Director for UK and EMEA, NetSuite. "Given the breadth of experience of the
judging panel, and the calibre of the other nominees, we're extremely proud
to have won this award. It demonstrates just how well the NetSuite
application has grown and evolved over the years to meet the needs of our
customers."

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

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

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Mei Li of NetSuite Inc., +1-650-627-1063, meili at netsuite.com; or Patrick Yiu of Brands2Life, +44-(0)20-7592-1200, netsuite at brands2life.com, for NetSuite Inc.