LONDON, October 5 /PRNewswire/ --

NetSuite, Inc., the leader in on-demand business software suites, today announced that it was the one and only winner of the Enterprise Software Product of Year Award for 2006 given out by CNET UK. The full list of award winners in various categories can be found at http://awards.cnetnetworks.co.uk/winners.htm . For more information about NetSuite's awards, please go to www.netsuite.com/ukawards .

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The Enterprise Software Product of the Year award recognizes innovative product application and excellence in technology and business. Judging criteria included: Innovation, Risk Management, Productivity, Return on Investment, Ease of Management, Ease of Implementation and the Competitive Edge a product provides. Particularly impressed by the way the company continues to deploy cutting-edge technologies without diluting the product's usefulness, and the many satisfied customers who are themselves highly successful, modern enterprises, the judging panel touted NetSuite by saying: "If all business applications worked as well as NetSuite, the argument for hosted services would be won by now."

"It is gratifying to receive this honor from CNET Networks UK. We'll continue to innovate; the next era of business computing will be driven by on-demand software," said Zach Nelson, CEO of NetSuite. "Software as a Service has become mainstream. It's starting to change the way businesses run their operations. Because of this revolution, businesses can do what they could never do before."

About the CNET Networks UK Technology Awards

The CNET Networks UK Technology Awards recognise innovation, application and excellence in technology and business. The Awards have fast become the most sought after industry accolade and attract entries from the entire spectrum of UK technology companies -- from small start-ups to tech giants. CNET Networks UK honours the products and players that are setting the standards and showcase their outstanding achievements to the business world. Find out more at www.cnetnetworks.co.uk/awards .

About CNET Networks UK

CNET Networks UK is a part of CNET Networks Inc. (Nasdaq: CNET, www.cnetnetworks.com ), a leading interactive publishing company headquartered in the US, with offices in 12 countries globally. The UK office was established in 2003. CNET Networks UK focuses on the business technology and consumer entertainment categories through five UK-focused websites: ZDNet UK ( www.zdnet.co.uk ), silicon.com ( www.silicon.com ), Builder UK ( www.uk.builder.com ), CNET.co.uk ( www.cnet.co.uk ) and GameSpot UK ( www.gamespot.co.uk ). CNET Networks UK also delivers one-to-one services through its direct marketing arm CNET Direct ( www.cnetdirect.co.uk); and events through the European Technology Forum ( www.euro-techforum.com).

About NetSuite

NetSuite, Inc. is the leader in on-demand business software suites and the fastest-growing software company in North America (source: Deloitte Fast 500 study). NetSuite enables companies to manage all key business operations in a single system, which includes accounting/Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite is delivered as an on-demand service, so there is no hardware to procure, no large, up-front license fee, and no complex set-ups. Finally, NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into role-specific business information that is always up-to-date. For more information about NetSuite, visit: www.netsuite.com .

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

Mei Li of NetSuite, Inc., +1-650-627-1063, or 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