NETSUITE POWERS MORE THAN ONE-THIRD OF – JMP SECURITIES' HOT 100 PRIVATE SOFTWARE COMPANIES

SAN MATEO, Calif.—March 29, 2011—NetSuite Inc. (NYSE: N), the industry's leading provider of financials / ERP software suites, today announced that more than one-third of the companies that made JMP Securities' Hot 100 Best Privately Held Software Companies list are using NetSuite to run their key business processes, from order-to-cash, subscription renewals, billing, financial reporting, revenue recognition and professional services automation.

NetSuite is uniquely positioned to serve today's best and brightest firms by providing an integrated, focused set of functionality for software companies. With NetSuite, software companies are able to focus on innovation and growth while enjoying streamlined billing and renewal processes, accurate financial reporting and the ability to meet revenue recognition requirements and comply with the new Financial Accounting Standards Board (FASB) rules for multi-element sales, known as EITF 08–01 and EITF 09–03.

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