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NetSuite Wins Two SIIA Software CODiE Awards

SAN MATEO, Calif., May 24, 2013 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that it has won two 2013 SIIA CODiE Awards–NetSuite SuiteCloud for Best Cloud Infrastructure and NetSuite OneWorld, the world's most-deployed cloud ERP suite for global businesses, for Best Financial Management Solution. This is the second time NetSuite has won the CODiE Award for Best Financial Management Solution.

The Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industries, announced NetSuite's wins as one of 27 CODiE Award winners in the software categories. An SIIA CODiE Award win for software companies is an especially prestigious honor, as each award winner was first reviewed by a field of software industry executives, whose evaluations determined 100 finalists. SIIA members then reviewed these finalists and voted to select 27 CODiE Awards Winners. For more information about NetSuite's awards, please visit www.netsuite.com/awards.

Winning the accolades of Best Financial Management Solution and Best Cloud Infrastructure demonstrates NetSuite's innovation and commitment to excellence and customer success. The process required detailed scrutiny by seasoned judges pulled from the ranks of industry executives and analysts, representatives of media outlets, bloggers and investors. The rigorous process included evaluation across specific criteria, together with comprehensive peer recognition.

"These awards validate the hard work that NetSuite has put into delivering advanced, innovative solutions that stand above its peers in the industry," said Zach Nelson, NetSuite CEO. "We plan to continue to deliver market-leading technology to our customers."

"SIIA's 2013 Software CODiE Award winners show that innovation and growth is alive in many areas of the software industry," said SIIA Vice President for the Software Division Rhianna Collier. "Among the 27 winners, you'll find many of the most exciting software products and services on the market today."

For more information about the CODiE Awards, visit http://www.siia.net/codies.

About NetSuite OneWorld

NetSuite OneWorld is the first cloud software solution to deliver real-time global business management and financial consolidation to enterprise companies with multi-national and multi-subsidiary operations and divisions of large enterprises. It enables organizations to automate complex, mission-critical business processes in the cloud from ERP, to CRM, to Ecommerce. NetSuite OneWorld readily handles different currencies, taxation rules, and reporting requirements at a fraction of the cost of traditional on-premise ERP solutions.

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