NetSuite Announces the NetSuite Business Operating System

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

- NS-BOS Enables ISVs to Create and Distribute Vertical Business 
Applications Built on NetSuite

- NetSuite SuiteScript D-Bug Provides First Real-time, Interactive 
Debugger For Server-Resident SaaS Applications

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 NetSuite Business Operating System (NS-BOS), the first Software as 
a Service (SaaS) application development platform for software developers, 
ISVs and VARs designed specifically to help them create industry specific 
applications targeting all spectrums of vertical markets. NS-BOS delivers a 
platform for customization and vertical application creation that includes:

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

-- Software as a Service (SaaS) Infrastructure - applications developed
       by third parties on NS-BOS will be hosted on NetSuite's multi-tenant,
       on-demand architecture which helps eliminate large setup costs and
       on-going maintenance while delivering a browser-based application that
       can be accessed securely, anytime and anywhere.
    -- Core Business Management Suite - vertical business applications need
       core accounting, customer management and ecommerce functionality. By
       including the NetSuite application within the NS-BOS application
       development environment, developers can embed the industry leading
       on-demand ERP / CRM / Ecommerce suite within their applications. This
       enables ISVs to shift their efforts from building core application
       capabilities like accounting, inventory or order management to focus
       instead on adding features designed for specific industries, 
       leveraging NetSuite's underlying capabilities.
    -- SuiteFlex - the NetSuite technology platform for customer, partner,
       and ISV development, customization, verticalization, integration and
       business process automation. With SuiteFlex, entirely new applications
       can be developed that run within the NetSuite environment and it
       includes everything from point-and-click tools to web services to the
       SuiteScript programming language, which is based on industry standard
       JavaScript.
    -- SuiteScript D-Bug - the first real-time, interactive debugger to allow
       code validation and testing as third-party applications run on the
       application server. Most if not all SaaS development environments
       support testing of third-party applications on client machines.
       SuiteScript D-Bug enables third-party applications to be tested in an
       actual server environment against live data, allowing developers to 
       see and correct the behavior exhibited by the application in real-
       world conditions.
    -- SuiteBundler - game-changing capabilities allow for the delivery of
       ISV-built vertical solutions to SaaS customers in a packaged,
       repeatable manner -- just select and inject -- eliminating the
       time-consuming, error-prone overhead of re-coding applications for 
       each customer deployment.

Companies require business applications designed for their particular
challenges and industry. At the same time, developers and ISVs are looking to
transition their industry-specific applications to SaaS to reduce their
infrastructure costs and to deliver the numerous benefits of SaaS
applications to customers. NS-BOS, the first SaaS development platform
designed for building industry solutions, addresses these two growing market
forces. By building on to the core application functionality of NetSuite,
NS-BOS can increase speed-to-market for ISVs. With NS-BOS, every vertical
application interacts with and leverages business functions addressed by the
ERP / CRM / Ecommerce functionality of NetSuite, allowing developers to focus
on their vertical differentiation -- rather than spending time on
"horizontal" functionality such as quote or order management.

In addition, the development tools of NS-BOS, such as SuiteScript D-Bug,
at present cannot be found in any other SaaS development platform, making it
the logical choice for ISVs, developers and VARs to build and deliver
comprehensive vertical applications encompassing end-to-end business
processes to help meet the needs of today's midsized businesses.

ISVs and VARs are already taking advantage of the power of NS-BOS to
offer industry-specific editions of NetSuite catering to numerous markets,
the latest of which include government service contractors, high-volume
Ecommerce operations and EDI system integrators. For more information about
NS-BOS, please visit http://www.netsuite.com/NSBOS

"NS-BOS provides the first complete on-demand platform for the
development of verticalized business applications," said Zach Nelson, CEO of
NetSuite. "By building atop NetSuite's best-in-class ERP, CRM and Ecommerce
functionality, ISVs can focus on differentiating their offerings by adding
business-specific functionality. The ultimate winner is the customer who gets
a world-class application designed for their business."

The BOS Goes End-to-End

Every business needs a CEO. And business applications need a boss.
NetSuite is the core business application for NS-BOS, providing core
transaction processing and business process management and serving as the
system of record. The NetSuite suite of accounting / ERP, CRM, and ecommerce
eliminates the need for costly, time-consuming and often difficult
integration between disparate systems. The advantage for ISVs and developers
is that rather than trying to layer their vertical solutions or customization
on top of a mish-mash of point solutions, they can instead add real value in
automating end-to-end business processes with the business rules, workflows
and terminology required by each industry.

The BOS Delivers Real-time -- and Real World -- Debugging of Deployed
SaaS Applications

A key new component of NS-BOS is SuiteScript D-Bug. For any development
environment, a code debugger is essential to building complex applications.
NS-BOS is the first to include a debugger that operates in real-time as
third-party developed applications run on the NetSuite application
server. SuiteScript D-Bug is a Web-based debugging tool that uses a familiar
metaphor and interface reminiscent of debuggers found in popular Integrated
Developer Environments (IDE) such as Microsoft Visual Studio. It allows
developers to iterate through their code in real-time. And it provides a
debugging tool set with controlled code execution such as setting break
points, step in, out, and over as well as providing execution logs, local
variable inspection and watches. With this level of depth in development
tools, NS-BOS provides an ideal platform for ISVs to build their
next-generation applications.

The BOS Is Standards-Based

Unlike some SaaS development environments that have created proprietary
programming languages, NS-BOS leverages industry standard JavaScript as the
basis for its programming capabilities. With standard JavaScript at its core,
there is nothing proprietary to learn, yet it delivers unprecedented power to
create entirely new, robust applications (called Suitelets) that leverage the
NetSuite UI or a completely different UI if desired. SuiteScript is a part of
NetSuite's overall SuiteFlex development environment, which also includes
SuiteTalk and SuiteBuilder. SuiteTalk allows for integration using SOAP
standards-based Web services while SuiteBuilder adds easy-to-use,
point-and-click tools for customization of data forms and extension of
the core data schema to create fields and custom objects which support
one-to-one, one-to-many, or many-to-many data relationships.

Pricing and Availability

SuiteScript D-Bug is available now to developers, ISVs and VARs and will
be made available to NetSuite customers on a rolling basis from March through
May. All other components of NS-BOS are available now to all customers and
partners (Developers, ISVs, VARs and SIs). There is no additional cost for
NS-BOS to developers. Applications built with NS-BOS that include the
NetSuite ERP / CRM / Ecommerce Suite will be priced by the ISV developing the
vertical applications, with an agreed-to revenue share with NetSuite for the
base Suite.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business
management 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. NetSuite
enables companies to manage core business operations in a single system.
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. NS-BOS, SuiteFlex, SuiteScript, and SuiteBundler are all
trademarks of NetSuite Inc. All other marks are the property of their
respective owner.

Cautionary Note Regarding Forward Looking Statements

This press release contains forward-looking statements relating to
expectations, plans, and prospects including expectations relating to future
use and impact of NS-BOS. 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; risks associated with material defects or
errors in the Company's software or the effect of undetected computer
viruses; the risk of technological developments and innovations by others.

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