NetSuite Appoints Peter Daffern President Of NetSuite EMEA And EVP Of Verticals Former Global Technology CEO to Lead Vital Initiatives

SAN MATEO, Calif., May 9, 2013 /PRNewswire/ -- NetSuite Inc. ( NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that it has appointed Peter Daffern as President of EMEA and Executive Vice President of Verticals for NetSuite. In this role, Daffern will oversee direct and channel sales and business operations in the EMEA region and direct NetSuite's vertical strategy.  

"I'm happy to announce the appointment of Peter Daffern as President of EMEA operations and Verticals," said Jim McGeever, NetSuite Chief Operating Officer. "The EMEA region and NetSuite verticals are vital to NetSuite's continued growth as we extend the leading cloud ERP software suite further around the globe. Pete is the right person to help us get there."

Mr. Daffern brings to NetSuite more than two decades of experience in leadership positions at global technology companies. Prior to joining NetSuite, he served as the CEO of ClairMail during its acquisition by Monitise, served as Chairman and CEO of Purisma, and has held various leadership positions at Vitria Technology and Crystal Decisions.

"I'm thrilled to take on this important and exciting role at NetSuite and look forward to helping grow the NetSuite business," Daffern said.

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 business management suites for divisions of large enterprises and mid-sized organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in 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/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.

Follow NetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle for real-time updates.

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

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

(Logo: http://photos.prnewswire.com/prnh/20090924/SF81218LOGO-b)

SOURCE NetSuite Inc.



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