NetSuite Speaks Swedish

By Netsuite Inc., PRNE
Thursday, December 2, 2010

NetSuite and Alterview Partner to Bring Leading Cloud ERP Suite to Nordic Region

SAN MATEO, California and STOCKHOLM, December 3, 2010 - NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based
financials / ERP software suites, today announced the availability of Swedish
language support in the user interface of its NetSuite and NetSuite OneWorld
product offerings. In addition, NetSuite today announced that Alterview, a
leading Swedish technology implementation company with decades of combined
experience implementing enterprise applications in the Nordic region, has
joined NetSuite's Solution Provider program. The partnership expands
NetSuite's reach into Northern Europe, relying on the experienced team at
Alterview to sell, implement and support NetSuite's cloud computing business
management suites in Sweden and neighbouring countries.

Northern Europe is embracing cloud computing at a blistering pace.
According to Gartner's "Forecast Analysis: Software as a Service, Worldwide,
2009-2014, Update," published on November 11, 2010, the region will adopt
cloud computing solutions at a compounded annual growth rate of 15.8
percent-three times the rate of growth of the broader enterprise application
market. This surging growth rate mirrors the explosive phenomenon cloud
computing has become in North America. With the addition of Swedish to the 14
languages already available in NetSuite's products, along with flexible VAT
and Financial Reporting configuration capabilities, NetSuite and Alterview
are together poised to take advantage of the growing opportunity for
cloud-based business management solutions in the region.

Alterview was founded in 1998 by five ex-Oracle employees and since then
has built up an impressive portfolio of customers, including global media,
technology, research, events and infrastructure companies. Alterview's
experience, combined with the strong technical and functional capabilities of
its consultants, makes it an ideal NetSuite partner for the Nordic region.

Through its partnership with NetSuite, Alterview gains an immediate
presence in the cloud computing industry, which is rapidly expanding as more
businesses become aware of the increased productivity and cost saving
benefits that web-based software can offer in comparison to on-premise
alternatives. Alterview also gains a superior line-up of cloud business
management solutions, including NetSuite's core integrated suite that
combines ERP / Financials, customer relationship management (CRM) and
Ecommerce software, and NetSuite OneWorld, a cloud computing solution which
enables multinational and multi-subsidiary companies to manage their global
financial consolidation and business operations in real-time.

Since it began working with NetSuite, Alterview has collaborated on the
delivery of the Swedish language user interface and has already sold and
implemented complex, industry and company-specific solutions to 12 clients in
Sweden. Those enjoying success with NetSuite include:

IDG ( is the world's leading technology media, research
and event company. Its publications, products and services reach more than
140 million technology buyers in 90 countries, representing 95 percent of
worldwide IT spending. 100 employees in IDG's Swedish operations now use
NetSuite for CRM, replacing a proprietary system that lacked key
integrations, required several spreadsheets and manual processes, and could
not generate digital invoices. Alterview managed a smooth transition to
NetSuite, giving IDG's financial and sales executives transparent insights
into the entire scope of the media business spanning over two dozen brands in
Sweden alone. "Now we have a platform that supports an unbroken chain of
events from the prospectus to invoice," said Anders Huldt, CFO of IDG.
"Anyone with the right access can obtain information about the customer and
our ongoing business."

Mediekompaniet ( is a media planning and
advertising company that is jointly owned by 74 Swedish newspapers and
publications. Mediekompaniet's deployment of NetSuite managed accounts
receivable for its euro 80 million turnover business utilizing a
highly-customized order entry and billing capability developed specifically
for media advertising sales for more than 50 users throughout Sweden.

Handheld Group ( is a worldwide supplier of
rugged PDAs and mobile computers, with customers in a variety of industries
including logistics, forestry, public transportation, construction, military
and security. The Handheld Group uses NetSuite OneWorld to manage all aspects
of its multi-subsidiary business operations.

"Alterview's heritage and experience selling web-based software makes it
the perfect choice for NetSuite's first channel partnership in Sweden," said
Merrill Kindred, EMEA Channel Director, NetSuite. "We are excited about the
opportunities in Sweden and Northern Europe and look forward to working
together with Alterview to empower businesses in the region and further our
leadership in the cloud ERP market."

Rikard Burman-Holmgren, Marketing Manager, Alterview, said: "We're
delighted to begin this partnership with NetSuite. Businesses in Sweden and
across Europe are realizing the huge advantages that can be gained by
switching applications from on-premise to the cloud. With NetSuite, we can
help them transfer their operations quickly and efficiently, enabling them to
enjoy the benefits of increased productivity and lower cost."

About NetSuite

NetSuite Inc. is the industry's leading provider of cloud-based
financials / ERP software suites. NetSuite enables companies to manage core
key business operations in a single system, which includes accounting/ERP,
customer relationship management (CRM), and Ecommerce. NetSuite's "real-time
dashboard" technology provides an easy-to-use view into up-to-date,
role-specific business information. For more information about NetSuite,
please visit

About Alterview

Alterview is a leading IT systems integrator providing Swedish and
multinational companies with business systems and services to run more
efficiently and successfully. Comprised of two companies, Alterview Net
Solutions AB is focused on NetSuite solutions, while Alterview Solutions AB
concentrates on Oracle E-Business Suite. In 2007, Alterview adopted NetSuite
as a complement to its Oracle E-Business Suite practice. Staffed with
experienced consultants and employees that possess both technical and
functional competence, Alterview can offer system solutions to companies of
all sizes. For more information, visit

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

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements relating to
expectations, plans, and prospects including expectations relating to the
expected future growth of the cloud computing market in Northern Europe. In
particular, the following factors, among others, could cause results to
differ materially from those expressed or implied by such forward-looking
statements: the market for on-demand services may develop more slowly than
expected; continued adverse and unpredictable macro-economic conditions or
reduced investments in on-demand applications and information technology
spending. For a detailed discussion of these and other cautionary statements,
please refer to the risk factors discussed in filings with the U.S.
Securities and Exchange Commission ("SEC"), including but not limited to the
Company's most recently filed Form 10-Q and 10-K available at the Company's
website or from the SEC.


Mei Li of NetSuite Inc., +1-650-627-1063, meili at

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