KNOWLEDGE UNIVERSE REDUCES COSTS BY 70% WITH NETSUITE ONEWORLD

Billion Dollar Education Leader Harnesses NetSuite to Manage 23 Global Subsidiaries in Real-time

SAN MATEO, Calif. — November 3, 2010 —NetSuite Inc. (NYSE: N), the industry's leading vendor of cloud-based financials / ERP software suites, today announced that Knowledge Universe, a global education company with over 3,700 locations interacting with more than five million students daily, has deployed NetSuite OneWorld for its enterprise financial management needs. By implementing NetSuite OneWorld, Knowledge Universe reduced its ongoing systems costs by 70 percent, while gaining advanced multi-currency consolidation and increased organizational flexibility. Knowledge Universe was able to meet an aggressive four-month timetable for its initial rollout across 6 subsidiaries in its Asia Pacific region, and is expanding the use of NetSuite OneWorld through its global organization for financial management, reporting and analysis, international consolidation, and ERP operations.

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