Start Magazine Names NetSuite a Company to "Keep an Eye On"
SAN MATEO, Calif., — July 7, 2005 — NetSuite, Inc. today announced it has been named a company to "Keep an Eye On" by Start Magazine (www.startmag.com), a leading manufacturing and technology publication. The Start Magazine award was created to recognize software and hardware vendors that have developed innovative applications or products for the manufacturing industry. Companies were judged on their growth record during the last few years, how their product/service is unique, and how they are meeting customer demands. For more information, please visit www.netsuite.com/startmagaward.
Widely-used by more than 7,500 companies from a spectrum of industry sections including wholesale/distribution, retail, manufacturing and professional services, NetSuite enables companies to manage all key business operations in a single, integrated system, which includes customer relationship management; order management and fulfillment; inventory management; finance; ecommerce and Web site management; and employee productivity. NetSuite is delivered as an on-demand service, so there is no hardware to procure, no large, up-front license fee, and no complex set-ups. Finally, NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into role-specific business information that is always up-to-date.
"Through this contest, Start Magazine seeks to honor technology providers that have proven their solutions to be highly unique, while experiencing strong growth in the process," said Peggy Smedly, Editorial Director/Publisher, Specialty Publishing Co. "With that, the company to Keep an Eye On award is a designation that, in today's economy, is a worthy achievement, and we congratulate all of our winners."
"We are pleased to receive this recognition from Start Magazine, as it is another testament to our continued leadership, innovation and commitment to helping our customers improve overall business operations," said Zach Nelson, NetSuite CEO.
The Start Magazine Hottest Companies and Companies to Keep an Eye On awards for 2005 will be published in the July issue of Start Magazine. The Company to Keep an Eye On award is yet another industry accolade for NetSuite this year; others include Customer Interaction Solutions CRM Excellence Award, PC Magazine's Technical Excellence Award, ISM Top 15 Award, and the Codie Award for "Best Software Service."
About Start Magazine
Start Magazine, the voice of the manufacturing executive, provides executives with a balance between the technology issues and the greater business management issues facing executives today. Start offers the most sound technology advice coupled with solid coverage of the financial, political, and management news and events shaping manufacturing. Rather than simply pitching the latest concepts in technology, Start focuses on the business issues impacting the manufacturer's bottomline. That is exactly why Start has become, and will remain, the first word on manufacturing innovation, driven by technology.
About NetSuite
NetSuite, Inc. was founded in 1998 by Oracle CEO and chairman Larry Ellison and his leading technology guru and current NetSuite CTO, Evan Goldberg, to bring the power of integrated application suites to small and mid-size companies. From the introduction of its first online accounting application in 1999, to the 2002 launch of NetSuite, to becoming the first mid-market integrated CRM/ERP/ecommerce application, the company has led the market in creating a new standard in business applications. Delivered as on-demand applications, NetSuite can reduce the cost of business applications by as much as 90 percent as there is no hardware to procure; no large, up-front license fees; and no resources required to install, maintain, or upgrade the system. With more than 7,500 companies having licensed NetSuite's products, NetSuite is the largest provider of online business applications in the world.
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