SAN MATEO, California, July 30 /PRNewswire/ --

- Evaluation Based on Completeness of Vision and Ability to Execute

NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated
business management software suites for the mid-market enterprise and
divisions of large companies, today announced that it has been positioned by
Gartner, Inc. in the visionaries quadrant of the 'Magic Quadrant for
E-Commerce' report (ID Number: G00158635) published on July 18, 2008 and 
authored by Gene Alvarez. NetSuite Ecommerce offers etailers one system to
run their core ecommerce operations from online marketing, customer service,
Web analytics to shopping cart, shipping and inventory management. For more
information about NetSuite Ecommerce, please visit
http://www.netsuite.com/ecommerce.

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

According to Gartner: "Visionaries are vendors that represent an
innovative, market-leading and forward-thinking or disruptive approach to
e-commerce. However, because of this, they also exhibit a smaller market
share. New entrants with exceptional technology may appear in this quadrant
early, after their general availability release; typically, however, unique
or exceptional technology will emerge in this quadrant after several quarters
of general availability."

"This quadrant is often populated by new entrants that have new
architectures and functionality, or deployment models such as SaaS that
haven't garnered a large portion of the market. However, established
technology providers that offer new functionality that isn't found in any
other provider's offerings also can be in this quadrant."

"Providers that can meet customer's production requirements, and general
availability of at least one year, indicates that they must be more than a
startup with a good idea. Technology providers in this quadrant must
demonstrate customers in production, proving the value of the new
functionality and architecture. Frequently, visionaries will drive leaders
toward new concepts and engineering enhancements."

"We believe that our positioning in the visionaries quadrant by Gartner
confirms that NetSuite demonstrates the future of ecommerce," said Mini
Peiris, VP of Product Marketing at NetSuite. "NetSuite Ecommerce offers
etailers a comprehensive system to run their core business operations rather
than struggle with integrating a shopping cart with multiple systems that
span Web analytics, online marketing, customer self-service, inventory
management, complex pricing, product catalog and shipping integration to get
a complete view. NetSuite allows etailers to focus on serving their shoppers
and leverage new emerging trends in ecommerce rather than worrying about
their systems."

Thousands of companies around the globe have standardized their ecommerce
operations on NetSuite for their core business operations -- from orders and
fulfillment, to inventory and warehouse management, to Google Keyword,
purchase tracking and search engine optimization, to email marketing
campaigns and multi-channel selling. Additionally, NetSuite gives mid-sized
companies a customizable solution for managing complex ecommerce sites for
global organizations with multiple companies, subsidiaries and currencies,
and with multiple websites. NetSuite's depth of advanced capabilities in
business process customization helps larger, more complex businesses meet
their industry-specific requirements. Other ecommerce features NetSuite
offers include unique shopping cart conversion tools -- reporting on what
items were abandoned by each shopper, and sending email marketing campaigns
to those shoppers; innovative up-sell tools (Up-sell Manager); and enhanced
shopping cart flow (PayPal Express Checkout), pictures in cart, displaying
shipping rates prior to checkout, and multi-language capabilities.

One example of a company growing successfully with NetSuite for Ecommerce
is Tsar Nicoulai Caviar (http://www.tsarnicoulai.com) - a pioneer in domestic
sturgeon farming that has developed an innovative and sustainable approach to
produce caviar using tank-farming techniques. For more details on Tsar
Nicoulai Caviar and how NetSuite is helping them grow their business, see the
accompanying press release.

About the Magic Quadrant (Disclaimer Required)

The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused
with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's analysis
of how certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to
select only those vendors placed in the "Leaders" quadrant. The Magic
Quadrant is intended solely as a research tool, and is not meant to be a
specific guide to action. Gartner disclaims all warranties, express or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.

For more information about NetSuite Inc., please visit
http://www.netsuite.com.

NOTE: NetSuite and the NetSuite logo are registered service marks of
NetSuite Inc.

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