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Top Asian VARs join NetSuite solution provider program

Leading VARs Offer NetSuite's Cloud-Based Business Management Suite to Meet Growing Demand for Cloud Solutions in Asia

Singapore — 26 March 2013 — NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that AFON, Software Alliance Partners, Evilog Consulting, Hitpoint and PT. Abyor International have joined the NetSuite Solution Provider Program to meet the growing demand for cloud solutions in Asia. Value Added Resellers (VARs) throughout the region continue to embrace the NetSuite cloud to support business growth. These high-profile VARs each bring a history of proven success, serving regional and international clients with on-premise ERP systems, such as SAP, Microsoft Dynamics Great Plains and Sage. By partnering with NetSuite, they can jump to the head of the cloud-based software market with the world's #1 cloud ERP software suite.

"As the market for cloud solutions has continued to grow rapidly throughout Asia, we are constantly looking for new partners that offer extensive industry and vertical expertise," said Mark Troselj, NetSuite's managing director for APAC. "Our new partnerships can enrich and extend our suite of cloud-based business management software solutions in the region. This enables businesses of all sizes to reap the benefits that the cloud delivers, such as advanced functionality, reduced operational IT costs and risks, rapid deployment, speed and the agility to launch new business operations and subsidiaries quickly. This also means that time to market is significantly faster than on-premise software solutions."

Launched in 2002, the NetSuite Solution Provider Program is the industry's first cloud channel partner program and brings industry-leading margins and incentives to hundreds of channel partners and their cloud opportunities. Designed to help solution providers transform their business model to fully capitalise on the revenue growth opportunity of the NetSuite cloud, the NetSuite Solution Provider Program delivers unprecedented services that begin during recruitment and range from business planning, sales, marketing and PS enablement, to training and education. For more information about the program, visit www.netsuite.com.hk/asiapartners.

The new partners that have joined the NetSuite Solution Provider Program include:

AFON (http://www.afon.com.sg) is based in Singapore and provides over 400 clients throughout Asia with award-winning consulting services, business solutions implementation and technical support. It is a gold partner of SAP and Microsoft Dynamics NAV, but has now partnered with NetSuite to meet customer demands for cloud-based business management solutions to run their core business processes, such as ERP, CRM, financials, eCommerce, professional services automation and more.

"By combining our market knowledge with NetSuite's leading cloud-based software suites, we now have a compelling world-class business solution for customers seeking purpose built cloud-based ERP solutions," said Bernard Ho, managing director of AFON. "Previously, customers were limited to on-premise solutions with thin-client remote access. Now they have a choice!"

Software Alliance Partners (http://www.sap-asia.com) is based in Singapore and was setup as a separate division under the Alenu Group of Companies (a top SAP and Microsoft Dynamics partner in Asia) to drive its cloud business strategy in Singapore, Malaysia, Indonesia, the Philippines and Vietnam. To achieve this, Software Alliance Partners joined the NetSuite Solution Provider Program to educate, promote and implement NetSuite's range of business management solutions to organisations throughout the region that need multi-site deployment to scale their operations. Strong, industry-specific solutions will enable customers to run their core business processes, such as ERP, CRM, financials, operations, eCommerce, professional services automation, project management, manufacturing and mobility, while reducing IT hardware demands and overall investments.

"We believe that the paradigm shift to cloud will engulf business applications in a big way, particularly NetSuite's ERP, CRM and eCommerce platforms," said Deniel Singh, managing director of Software Alliance Partners. "Our close partnership with NetSuite and consultative approach will position us strongly in the market to drive this growth."

Evilog Consulting is one of the leading ERP and CRM solution providers headquartered in Singapore, with a regional footprint across Asia Pacific, including Malaysia, Indonesia and Thailand. It provides innovative end-to-end consulting services, technology solutions and business process solutions, with particular expertise in Microsoft's business technology platforms. Based on customer demand for cloud-based software, it partnered with the leading provider of cloud-based ERP software suites globally to boost its presence in the market.

"Cloud is at a tipping point in Singapore — it is a highly developed economy and cloud is widely accepted as a relevant business model, so it made sense for us to partner with NetSuite to increase our market leadership here," said S.Y. Ng, managing director of Evilog Consulting. "Singapore has always been the trading hub of Asia. The ability for businesses to run their supply chains through ERP systems over the cloud, allows them to not only set up new subsidiaries with multiple currencies very quickly, but they can also optimise supply chain shipping inventories through global sourcing."

Hitpoint Solution Co. Ltd. (http://www.myhpsnet.com) is a leading finance and tax software and consulting company, focused on providing localisation solutions for multinational corporations in China. The Hitpoint Finance PLUS solution particularly, helps businesses using global ERP systems in China to comply with China GAAP, which all foreign invested companies operating in mainland China must adopt for financial management. This solution has already supported a number of direct NetSuite customers, including Jollibee, Shaw Floors, DKSH and Swisstec Sourcing. Hitpoint Solution now delivers NetSuite's range of cloud-based business management software solutions, enabling customers to run their core business processes.

"In this era of cloud computing, the partnership between Hitpoint and NetSuite can really help to drive enterprise management development in the Chinese market," said Peter Deng, general manager of Hitpoint Solution. "We share many synergies with NetSuite, particularly our focus on providing customers with better service, as well as building an industrial chain with complementary benefits."

PT. Abyor International (http://www.abyor.com) is one of the major SAP partners in Indonesia, supporting local and international customers in achieving their business goals through ERP implementation, off-shore development and support. Recognising the need to capitalise on the growing market demand for cloud offerings, it has setup a separate division to offer NetSuite's range of business management solutions to the mid-tier market. NetSuite delivers the business benefits that PT. Abyor's clients are looking for: advanced functionality, reduced operational IT costs and risks, rapid deployment, speed and the agility to launch new business operations and subsidiaries quickly, as well as a faster time to market than on-premise software solutions.

"As cloud computing continues to skyrocket throughout Indonesia, it is important that businesses have the right tools to take advantage of this rapid growth," said Hari Tjahjono, managing director of PT. Abyor International. "Combining our strong ERP expertise with NetSuite's leading cloud solutions, can really help businesses to find new levels of efficiency and growth in Indonesia, as well as beyond our borders."

Today, more than 16,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations, as demonstrated by a recent Gartner study naming NetSuite as the fastest growing top 10 financial management systems vendor in the world. NetSuite continues its success in delivering the best cloud ERP/financial suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.

For more information about NetSuite please visit www.netsuite.com.hk.

Follow @NetSuiteAPAC on Twitter for NetSuite news and real-time updates.

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

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