SAN MATEO, Calif.—June 1, 2011—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that it has won a 2011 CODiE Award for Best Financial Management Solution. This accolade was bestowed on NetSuite by The Software & Information Industry Association (SIIA). NetSuite is one of the thirty-one winners from 395 nominations recognized for industry excellence, beating out top competitors in the space.

Winning the accolade of Best Financial Management Solution is a testament to NetSuite's technology, success and innovation, and the process required detailed scrutiny by seasoned judges, a rigorous process that includes evaluation across 48 review criteria, together with comprehensive peer recognition.

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