NETSUITE RESCUES COMPANIES FROM ON-PREMISE ERP THAT'S "FROZEN IN TIME"

SAN MATEO, Calif.—November 7, 2011—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced the availability of powerful upgrade innovations that enable companies running on the NetSuite cloud to experience "version-less" and always up-to-date cloud ERP, without sacrificing control or flexibility. Companies running NetSuite benefit from NetSuite’s technological innovations that include a patented phased roll-out process, providing NetSuite customers the ability to adopt new functionality in accordance with their own individualized upgrade path. In addition, the company announced a new offering that allows businesses to select their own upgrade date from available dates to accommodate their unique business requirements and business cycles. And finally, the company announced new cloud-based lifecycle management technology that allows customers and partners to test their own custom-developed NetSuite features and applications before deploying them to their live NetSuite environment.

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