NETSUITE AND GOOGLE TO HOST CLOUD COMPUTING EVENT FOR FINANCIAL SERVICES COMPANIES AT NEW YORK STOCK EXCHANGE

SAN MATEO, Calif., Oct. 11, 2011 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced the details of a special event at the New York Stock Exchange to help financial services firms understand the revolutionary potential of cloud computing. The event, "Cloud Blueprint: How the Business Cloud Transforms Financial Services," will feature C-level speakers from Accenture, Google and NetSuite unveiling the blueprint for leveraging the power of business cloud technology and services in the financial services sector. The event will be held October 14 at 12:30 p.m. EDT.

Financial services firms must constantly seek a market edge. The strong economic model and superior productivity of cloud computing business solutions make them an ideal choice for companies looking to gain ground in a challenging marketplace. Host Jim McGeever, COO of NetSuite, will be joined by Paul Daugherty, Chief Technology Architect at Accenture, and Rahul Sood, Global Head of Partnerships, Google Enterprise at Google. Each will present a keynote address highlighting the reasons for the explosive growth of cloud computing in the financial services industry.

These experts will be joined by executive representatives from NetSuite customers Spring Mountain Capital, BTIG LLC and Fiserv who will share stories of their first-hand successes with cloud computing. Spring Mountain Capital manages billions in assets with just one IT professional, thanks to the strong efficiencies and reliability of cloud solutions. BTIG specializes in global trading and fund services for hedge funds, mutual funds, separate accounts and family offices, and turned to NetSuite OneWorld to streamline business processes. Fiserv provides financial services technology solutions, and looked to NetSuite OpenAir for better visibility into key performance metrics like project profitability and revenue forecasts.

During this special three-hour event, attendees will:

• Learn why cloud computing is a high priority for the financial services industry
• Hear insights from seasoned executives on building a competitive advantage in a changing industry landscape
• Learn how cloud computing makes companies more agile and efficient

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 and where business is going are registered service marks of NetSuite Inc.

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

SOURCE NetSuite Inc.