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

- Innovative Technology Allows ISVs, VARs and SIs to Create 
Industry-Specific Vertical Solutions, Delivered in a Repeatable Fashion

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 SuiteBundler, the newest and a key component of SuiteFlex,
NetSuite's application development and integration platform. The new
SuiteBundler tool delivers numerous technology breakthroughs that enable the
creation of third-party vertical applications within NetSuite, as well as
end-to-end business process customization for any end-user company.

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

The introduction of SuiteBundler and its ground-breaking capabilities
ushers in a new concept for the rapidly growing Software as a Service (SaaS)
market -- "Service as Software." Just as SaaS transformed the software
business in lowering total costs of ownership and ongoing maintenance,
Service as Software/SuiteBundler is designed to change the face of
implementation and value-added services delivery by professional consulting
service partners. The introduction of SuiteBundler enables service partners
to take on this business model transformation and turn their services
expertise into repeatable and resellable software solutions, built and
delivered on NetSuite as more complete SaaS vertical applications to meet the
complex needs of today's mid-sized businesses.

NetSuite service partners have already begun to leverage the introduction
of SuiteBundler to open up new vertical-focused business opportunities,
serving as proof that the "Service as Software" revolution has begun. New
vertical solutions for NetSuite delivered via SuiteBundler include those
targeted at companies in software, media/publishing, IT resellers,
agricultural equipment dealerships, seaport management, retail, electronics
distribution and shipping material franchises. (Please see accompanying press
release: "NetSuite Partners Introduce New Vertical Versions of NetSuite and
Horizontal Extensions to Core NetSuite Functionality.")

For more information about today's announcements please visit
http://www.netsuite.com/suitebundler

"We believe that SuiteBundler will prove to be one of the most important
pieces of software written in the last decade," said Zach Nelson, CEO of
NetSuite. "The ability to take a piece of custom functionality that was
designed as a one-off for customization for a single customer and use it
repeatably for other implementations has been the holy grail for services
companies. SuiteBundler, combined with NetSuite, finally delivers on this
promise, and truly enables VARs, systems integrators, and ISVs to participate
in the SaaS revolution."

The Consulting Services Challenge in a SaaS World Necessitates "Service
as Software" Revolution

The economics of the "old world" client/server software model -- where a
services provider could expect 1 to 5 times the price of the software in
services revenue related to data migration, business process customization
and training -- simply do not convert to the lower cost annual subscription
model in the new SaaS world. Customers, particularly small to mid-sized
businesses, are not willing to pay for what amounts to up to 10 times their
annual subscription for the same dollar amount of services. To be successful,
service partners therefore have to look at a new business service delivery
model and migrate from a labor-intensive delivery approach. One-off
implementation services must become re-usable, re-sellable solutions and
business process value-add needs to be encapsulated. Horizontal technical
knowledge of how to install and tune hardware, software and databases needs
to be replaced with business knowledge relevant to a client's industry. The
introduction of SuiteBundler enables partners to take on this business model
transformation and turn their services expertise into a repeatable software
solution, built and delivered on NetSuite as complete SaaS vertical
applications to meet the dynamic needs of today's mid-market businesses.

SuiteBundler: The "Service as Software" Enabler

SuiteBundler is the newest addition to NetSuite's SuiteFlex platform and
delivers a myriad of innovative features that serve to enable the "Service as
Software" revolution. Vertical solutions, add-on applications, end-to-end
business process customizations, and integration solutions developed using
the other components of SuiteFlex -- such as SuiteBuilder, SuiteScript and
SuiteTalk -- can now be packaged together to create a SuiteBundle, which can
in turn be repeatedly installed by customers at the click of a button.
SuiteBundler includes:

-- Bundle Builder -- an easy 3-step graphical assistant for selecting and
       creating SuiteBundles. Bundle-able components include anything
       configurable and customizable in NetSuite from the simple elements --
       such as user roles, Dashboards, custom tabs, custom centers, custom
       KPIs and Scorecards, custom reports, custom lists and custom forms --
       to database elements -- such as custom fields and custom
       records/objects -- to scripted business process and application
       development elements -- such as client SuiteScript, Server
       SuiteScript, SuiteScript UI Objects and Suitelets.

    -- Bundle Distribution -- choose from 3 modes when making SuiteBundles
       available to customers. Partners creating a SuiteBundle for commercial
       availability would distribute it as Shared to particular customer
       accounts that have purchased the solution, while customers leveraging
       SuiteBundler to prototype their own customizations and implementation
       of new business processes would set availability to Private. Finally,
       some developers or even customers can choose to distribute a Public
       SuiteBundle, fostering an open-source community for sharing small
       add-on enhancements to NetSuite.

    -- SuiteSource Bundle Repository -- partners creating SuiteBundles can
       leverage the SuiteSource Bundle Repository in their development
       process to conveniently save off the customer-installation-ready
       version of their SuiteBundle, while continuing to work on the next
       iteration of their solution in their NetSuite developer account.

    -- Bundle Installation -- customers looking to install a SuiteBundle
       would first locate it by browsing the SuiteSource Bundle Repository or
       searching by a specific Bundle ID given to them by the partner they
       purchased the solution from. Once they have located their particular
       SuiteBundle, installation is as easy as one-click and all the contents
       of the bundle are automatically inserted into their account.
       Un-install is also available in SuiteBundler if it turns out that the
       bundle contents need to be removed. All customizations and solutions
       deployed using SuiteBundler are carried forward with version upgrades,
       just as is the case with customization changes made directly in
       NetSuite accounts.

New Vertical & Value-Add Solutions Delivered via SuiteBundler

NetSuite and its partners have embraced the Service as Software
revolution by introducing many vertical solutions spanning a spectrum of
markets including:

-- Software
    -- Media and Publishing
    -- IT Resellers
    -- Agriculture Equipment Dealerships
    -- Seaport Marina Management
    -- Retail (Point of Sale)
    -- Franchises for packaging and shipping materials
    -- Electronics Wholesale Distribution

Additionally, NetSuite solution providers are leveraging SuiteBundler to
deliver valuable add-ons to core NetSuite functionality in the areas of:

-- Fixed Asset Management
    -- Tax Automation
    -- Warranty Management

Pricing and Availability:

Available now, complete SuiteBundler capabilities to create, share and
install SuiteBundles are included in NetSuite CRM, NetSuite CRM+ and NetSuite
at no additional charge. NetSuite Small Business includes the ability to
install SuiteBundles, but not create or share them.

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.

NOTE: NetSuite, the NetSuite logo, SuiteFlex, and SuiteBundler are
registered service-marks or trademarks of NetSuite, Inc.

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