NETSUITE HOSTS ONLINE EVENT “STRATEGY SESSION FOR SAP R/3 CUSTOMERS” DEMONSTRATING INNOVATIVE ERP OPTIONS

Forrester Research and Customer of Top-Ten ERP Vendor to Discuss Choices for Out-Of-Maintenance SAP Customers “Upgrade, Maintain, or Replace?” Webinar Open to All Members of Business, Press and Analyst Communities

SAN MATEO, Calif. (September 17, 2009) – NetSuite Inc. (NYSE: N), a leading vendor of cloud computing business management software suites, today announced the details of a special online event exploring the options for SAP’s enterprise customers facing a crossroads as the traditional software vendor terminates maintenance support for many popular versions of its software. The event, titled “Strategy Session for SAP R/3 Customers: Upgrade, Maintain or Replace?” will be presented by Andrew Bartels, Vice President and Principal Analyst at Forrester Research. Mr. Bartels will be joined by Will Gregerson, CFO of synthetic motor oil standout Schaeffer Manufacturing Company. The two will discuss the realities of a potentially costly and time-consuming upgrade path, and present alternatives, including cloud computing solutions.

This insightful one-hour web seminar will be held Thursday, September 24, at 11:00 a.m. (PDT) / 2:00 p.m. (EDT). To register, please visit www.netsuite.com/webinar.

Mr. Gregerson will explain the conundrum his company faced when evaluating the health and maintenance of its aging AS/400 solution, and detail how NetSuite enabled Schaeffer Manufacturing to save $100,000 per year. During the webinar, you will find out why Schaeffer evaluated SAP but ultimately chose to entrust its business to NetSuite, the leader in enterprise cloud computing suites.

Mr. Bartels joined Forrester Research in 2003 and is one of the industry’s most accomplished experts in IT spending and technological business impact. He is a regularly featured speaker at Forrester IT Forum and Conference Board conferences, and is routinely quoted in leading business and technology publications.

NetSuite has cemented its status as the most exciting full-spectrum cloud computing developer with a series of accomplishments in recent months. Three of the most successful recent IPOs in the United States were conducted by companies who entrust their business operations to NetSuite: OpenTable, Inc. (NasdaqGM: OPEN), SolarWinds, Inc. (NYSE: SWI), and LogMeIn, Inc. (NasdaqGM: LOGM). Fujitsu Business Systems of Japan recently became a sales and support partner, expanding the reach of the only fully-localized Japanese cloud computing enterprise solution. And NetSuite OneWorld, the leading cloud computing solution for multinational enterprise, has achieved industry certification by influential European accounting trade groups in Germany and the United Kingdom.

NetSuite’s strength as a credible, maintenance-free alternative to SAP has sealed its position as a Top Ten Financial Management Systems vendor by revenue (as calculated by Gartner Dataquest), as well as validating cloud computing strategies for businesses of all sizes. The webinar’s presenters will further explain how any business can revolutionize the way it approaches software deployment, support, and upkeep by moving ERP functionality to the cloud.

Source: NetSuite

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