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NETSUITE NAMES NEW EXECUTIVE VICE PRESIDENT OF SERVICES

SAN MATEO, Calif. — January 11, 2007 — NetSuite, Inc., the leader in on-demand business software suites, today announced that Tim Dilley joined NetSuite as executive vice president of Services for NetSuite. In this role, Dilley is charged with overseeing NetSuite's global initiatives in professional services, training and customer support and customer service. Dilley brings more than 26 years of experience in enterprise consulting, and executive management leadership in professional services and customer support. Most recently he headed Services for Informatica Corp. (NASDAQ: INFA). For more information about the NetSuite management team, please visit www.netsuite.com/management

"Unlike simple, departmental applications, NetSuite is used to running our customers' core business processes. Implementation services and training are key to their success," said Zach Nelson, CEO of NetSuite. "Tim's world-class background will help our customers to transform their businesses from a hodge-podge of applications, to efficient world-class operations that rival the capabilities of the world's largest organizations."

Prior to NetSuite, Dilley served as senior vice president of Global Customer Services at Informatica Corporation, a $300M annual revenue enterprise software company, which provides the Global 2,000 with data integration products and services. While at Informatica, he managed the global practices of Professional Services, Education Services, Customer Support and Maintenance Renewal Sales. Before that, Dilley had 18 years of experience in the consulting services. He was an associate partner for Worldwide Utilities Consumer Services at Andersen Consulting (Accenture), and a co-founder of Axiom Management Consulting, a management and information technology consulting firm. Earlier in his consulting career, he was with Myers-Holum, where he spent five years implementing financial applications.

"I am excited to be a part of the NetSuite executive team," said Tim Dilley, executive vice president, Services for NetSuite. "I look forward to bringing my expertise to this innovative, Software-as-a-Service industry leader and helping further NetSuite's success."

About NetSuite
Named as the fastest-growing software company in the Silicon Valley by Deloitte's 2005 Silicon Valley Technology Fast 50 study, NetSuite, Inc. is the leader in on-demand business software suites. NetSuite enables companies to manage key business operations in a single system, which includes accounting/Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite is delivered as an on-demand service, so there is no expensive 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. For more information about NetSuite, visit: www.netsuite.com.

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