SAN MATEO, California, February 28 /PRNewswire/ --

- Former Oracle Executive Michael Ni Leads New NetSuite Program

NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies, today announced in conjunction with the release of NetSuite Business Operating System (NS-BOS) (please see the accompanying press release), the company has appointed Michael Ni as Vice President, Industry Solutions and Ecosystem. In this new role, Ni will direct NetSuite's industry vertical initiatives, software developer programs, and will oversee the continuation of the development of NetSuite as a vertical application platform.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

"Third-party vertical application developers are struggling to move their client / server applications to the SaaS model, and NS-BOS provides the technology they need to do that quickly," said Zach Nelson, CEO of NetSuite. "But developers need more than just great technology, they also need a new approach to business mandated by the on-demand software approach. Michael has the experience and the skill to take our platform initiatives to the next level and to help our partners transition their business to the Software as a Service model."

Ni brings to NetSuite more than 16 years of experience in enterprise applications and executive leadership in business product and platform management. Prior to joining NetSuite, Ni served as Vice President, Product Management at Oracle Corporation (Nasdaq: ORCL) for PeopleTools, JD Edwards Tools and "Fusion Architecture" for Oracle Applications Platforms. At Oracle, he directed the applications technology platforms, providing applications development and management tools to Oracle's customers, partners, and developers. Before that, he has held multiple leadership positions at leading CRM / ERP vendors, technology startups, and in strategy consulting. These roles include VP of Product Management / Strategy at PeopleSoft, VP of Product and Operations at OnePage, Inc. (now Sybase, Inc.), as well as Marketing Strategy Consultant with PricewaterhouseCoopers. Ni has an MBA from Harvard University, an MS from Stanford University and a Bachelor of Science degree from Massachusetts Institute of Technology.

"I am thrilled to be joining the NetSuite team and I look forward to working closely with our partners and developer community as the company continues to extend its groundbreaking leadership as an integrated business applications platform," said Ni.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business management software suites for small and midsized businesses and divisions of large companies. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

Web site: http://www.netsuite.com

Mei Li of NetSuite Inc., +1-650-627-1063, meili@netsuite.com; Photo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk photodesk@prnewswire.com