NetSuite Announces NetSuite for Media/Publishing Companies, Delivered Via SuiteBundler


SAN MATEO, California, October 24 /PRNewswire/ --

- New Vertical Solution Helps Address Media/Publishing Industry-Specific
Needs

NetSuite Inc., a vendor of on-demand, integrated business management
application suites that provide Accounting/ERP (Enterprise Resource
Planning), CRM (Customer Relationship Management) and Ecommerce functionality
for small and medium-sized businesses and divisions of large companies, today
announced NetSuite for Media/Publishing, a new vertical solution delivered
via SuiteBundler. (Please see accompanying press release "New SuiteBundler
From NetSuite Makes 'The Service as Software' Revolution A Reality.")
Designed to target media/publishing companies of all sizes, NetSuite for
Media/Publishing provides publishers, advertisers, magazines, e-zines and
other media outlets with a solution to address their specific vertical
processes and needs. This solution addresses the following needs that are key
to their business success -- better management of the advertisement buying
and renewal process; simplification of advertisement order management;
improvement of campaign ID management; and access to better business
intelligence. For more information about NetSuite for Media/Publishing,
please visit http://www.netsuite.com/media-publishing.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

"SuiteBundler is the new technology that has made verticalization a
reality in the SaaS application world," said Mini Peiris, Vice President of
Product Management at NetSuite. "Tailored solutions can now be deployed
easily in large scale distribution for any industry. Working with our
customers, we have incorporated all the key elements of media/publishing
processes into NetSuite for Media/Publishing. With SuiteBundles created to
target each business requirement required to run a successful
media/publishing company, at the click of a button, customers get a
comprehensive solution tailored for their industry."

SuiteBundler Powers NetSuite for Media / Publishing

Typically media/publishing companies of all sizes -- regardless of
whether it is online media, print media, or others -- in order to succeed and
stay competitive, all need a software solution that is tailored to and can
address their specific business needs. NetSuite's new offering for
Media/Publishing delivers a host of SuiteBundles targeting each factor that
plays a role in the success of any media/publishing company, including:

-- Insertion Order SuiteBundle Simplifies Complex Advertisement Order
       Management -- Media and publishing companies have found it difficult 
       to simplify the complexities of 'advertising order management.' For
       example, when a call comes in to place an ad in the publication – 
       say, two different page locations in six different magazine issues, 
       typical order management systems have to create six line items 
       separately. NetSuite for Media/Publishing streamlines this workflow so 
       they can be entered as one item being purchased and automatically 
       split them out as needed for financial compliance and effective mining 
       of purchase data after-the-fact.

    -- Advertiser Billing SuiteBundle Simplifies Complex Invoicing and
       Collections -- Complex advertiser invoicing and collections process 
       are simplified, in addition to handling billing by CPM (cost per 
       thousand), as well as integration with advertising servers for 
       synchronization of impression and verification data. Invoices are also 
       auto-generated to bill advertisers as each 'campaign' is complete on 
       the order.

    -- Campaign ID Management SuiteBundle Provides Better Tracking --
       Individual display ads or campaigns are monitored with NetSuite for
       Media/Publishing, providing 'Ad Server ID' tracking, and offering
       advanced integration tools to synchronize campaign and insertion order
       numbering.

    -- Business Intelligence SuiteBundle Delivers Accurate and Real-Time
       Reporting -- From top-level executive to ad account managers, the
       entire Media/Publishing organization is further empowered with
       Dashboards and reporting tailored for Insertion Order forecast and
       bookings, campaign status and impressions reporting, pending
       advertisement fulfillments and run sheets.

The first group of customers using NetSuite for Media/Publishing
includes:

Torstar Digital (http://www.torstardigital.com), is Torstar Corporation's
digital division. Torstar Corporation is a broadly based media company listed
on the Toronto Stock Exchange (TS.B). Its businesses include the Star Media
Group led by the Toronto Star, Canada's largest daily newspaper, and digital
properties including thestar.com, toronto.com, LiveDeal.ca, Workopolis and
Olive Canada Network; Metroland Media Group, publishers of community and
daily newspapers in Ontario; and Harlequin Enterprises, a leading global
publisher of women's fiction.

"NetSuite gives us a single, unified environment so everyone involved in
touching the customer has the same view -- and for us, that's a very big
advantage," said Jeff Sherman, VP of Finance and Operations, Torstar Digital.
"Having a system that can grow with us is essential. Adding new businesses
and models with NetSuite is simple."

Curbed Media (http://www.curbed.com) is a New York-based network of blogs
providing neighborhood news in New York City, Los Angeles, and San Francisco.

"As a startup, we wanted something that could scale and be a building
block for all our business systems of the future, and NetSuite will provide
us that," said Kyle Crafton, Publisher and General Manager of Curbed.com.
"Also, it's great that NetSuite can be customized to deal with issues
specific to our industry, such as online advertising inventory."

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business
management application suites for small and medium-sized businesses. NetSuite
enables companies to manage core key business operations in a single system,
which includes Accounting/Enterprise Resource Planning (ERP), Customer
Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending
"real-time dashboard" technology provides an easy-to-use view into
up-to-date, role-specific business information.

Web site: http://www.netsuite.com

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