UK Users Vote NetSuite Best Enterprise Accounting & Finance Software

LONDON and SAN MATEO, California, October 27, 2011 -

- NetSuite beats Sage in the UK’s Software Satisfaction Awards 2011

NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, today announced that its UK-based customers have voted NetSuite as the winner in Best Enterprise Accounting & Finance Software at Sift Media’s Software Satisfaction Awards 2011. The award caps a year of success for NetSuite, which was voted Best Financial Management Solution at the 2011 CODiE Awards, and named by leading analyst firm Gartner as the fastest growing Top 10 Financial Management vendor for the third consecutive year in a row. For more information about NetSuite’s awards, please visit www.netsuite.co.uk/awards.

UK users chose NetSuite over Sage Software, among others, to award NetSuite the Enterprise Accounting & Finance crown. The award comes on the heels of a host of companies voting with their Pound Sterling by moving from Sage to NetSuite (www.netsuite.co.uk/portal/uk/press/releases/nlpr10-18-11.shtml). Among those companies switching from Sage to NetSuite were The Arboricultural Association, Emarket.com, and iNexus, who have abandoned Sage’s on-premise offering in favour of NetSuite’s cloud solution. Hundreds of other companies have also made the switch. For more details on how these customers transitioned to NetSuite to lower costs, streamline key business processes, and boost productivity and competitiveness, please visit: www.netsuite.com/sagedissatisfaction.

“We’re delighted that our UK customers have once again recognised NetSuite at the Software Satisfaction Awards,” said Craig Sullivan, VP and GM, International, NetSuite. “We constantly strive to improve NetSuite’s functionality to better serve the needs of our enterprise users and address the unique challenges of UK businesses and this award shows that our efforts have paid off. We extend our thanks to all of our customers in the UK for their continued support, and look forward to many more years of success together.”

Sift Media, a leading business to business publisher in the UK, established the Software Satisfaction Awards in 2006 to reward high standards from software application providers serving British businesses. The awards are based on the views of genuine buyers and end users of business software applications - not those of a judging panel. This year, Sift has partnered with Intellect, the association representing the UK’s technology industry, adding further credibility and reach to the awards. For more information about the 2011 Software Satisfaction Awards, please visit www.softwaresatisfaction.co.uk.

Today, more than 10,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes in the cloud globally. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite solutions excel at streamlining business operations. As demonstrated by the 2011 CODiE Award for Best Financial Management Solution, as well as a recent Gartner study naming NetSuite as the fastest growing financial management systems vendor in the world, NetSuite continues to deliver advanced cloud business solutions to organisations around the world. Its solutions enable them to lower IT costs significantly, while increasing productivity as the global adoption of the cloud accelerates.

Follow NetSuite’s Cloud blog, NetSuite’s Facebook page, @NetSuite and @NetSuiteEMEA Twitter handles for real-time updates.

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

NOTE: NetSuite and the NetSuite logo and where business is going are registered service marks of NetSuite Inc.

(Logo:  photos.prnewswire.com/prnh/20090924/SF81218LOGO-b )

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