NetSuite Appoints Vice President of Industry Solutions and Ecosystem

SAN MATEO, California, February 28 /PRNewswire/ --

- Former Oracle Executive Michael Ni Leads New NetSuite Program

NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated
business software suites that include Accounting / Enterprise Resource
Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software
for small and midsized businesses and divisions of large companies, today
announced in conjunction with the release of NetSuite Business Operating
System (NS-BOS) (please see the accompanying press release), the company has
appointed Michael Ni as Vice President, Industry Solutions and Ecosystem. In
this new role, Ni will direct NetSuite's industry vertical initiatives,
software developer programs, and will oversee the continuation of the
development of NetSuite as a vertical application platform.

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

"Third-party vertical application developers are struggling to move their
client / server applications to the SaaS model, and NS-BOS provides the
technology they need to do that quickly," said Zach Nelson, CEO of NetSuite.
"But developers need more than just great technology, they also need a new
approach to business mandated by the on-demand software approach. Michael has
the experience and the skill to take our platform initiatives to the next
level and to help our partners transition their business to the Software as a
Service model."

Ni brings to NetSuite more than 16 years of experience in enterprise
applications and executive leadership in business product and platform
management. Prior to joining NetSuite, Ni served as Vice President, Product
Management at Oracle Corporation (Nasdaq: ORCL) for PeopleTools, JD Edwards
Tools and "Fusion Architecture" for Oracle Applications Platforms. At Oracle,
he directed the applications technology platforms, providing applications
development and management tools to Oracle's customers, partners, and
developers. Before that, he has held multiple leadership positions at leading
CRM / ERP vendors, technology startups, and in strategy consulting. These
roles include VP of Product Management / Strategy at PeopleSoft, VP of
Product and Operations at OnePage, Inc. (now Sybase, Inc.), as well as
Marketing Strategy Consultant with PricewaterhouseCoopers. Ni has an MBA from
Harvard University, an MS from Stanford University and a Bachelor of Science
degree from Massachusetts Institute of Technology.

"I am thrilled to be joining the NetSuite team and I look forward to
working closely with our partners and developer community as the company
continues to extend its groundbreaking leadership as an integrated business
applications platform," said Ni.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business
management software suites for small and midsized businesses and divisions of
large companies. NetSuite enables companies to manage core 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 and the NetSuite logo are registered service marks of
NetSuite Inc.

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