Press Release

For Immediate Release

Contact: Mei Li
NetSuite Inc.
(650) 627-1063
meili@netsuite.com

Brian Martin
OpenAir, Inc.
617-351-0236
bmartin@openair.com

OpenAir CEO Morris Panner to Lead Panel Discussion at SIIA On-Demand Europe

Leading Software-as-a-Service (SaaS) Company CEO and Other Leading Executives Tackle "Growing a SaaS Business in a Slow Economy

BOSTON, Mass. — June 4, 2009 - OpenAir, Inc., a NetSuite Inc. (NYSE: N) company and a leading provider of on-demand professional services automation (PSA) software, today announced that OpenAir CEO Morris Panner is scheduled to moderate a panel discussion with industry leading executives entitled "Growing a SaaS Business in a Slow Economy," at the SIIA OnDemand Europe Conference, June 9-10 at the Hilton in Amsterdam, Netherlands. The third annual OnDemand Europe Conference brings together leaders in Software as a Service (SaaS) and cloud computing from around the globe for a two-day intensive strategy planning and networking session. For more information about the conference please visit: http://www.siia.net/ondemandeurope/2009/

Panner will lead the panel discussion in which other prominent SaaS CEOs will debate the competitive benefits and challenges of running a high-growth SaaS business in a down market. Scheduled for Tuesday, June 9 at 1:00 p.m., the discussion will include the CEOs of Mimecast, Revevol, e-conomic International, and StepStone.

"OpenAir has shown how SaaS firms can be successful in this market," said Panner. "I am honored to moderate this panel and discuss the benefits of SaaS and how the SaaS model allows vendors to increase market share through lower price points, simplified implementation, ease-of-use, and higher user satisfaction."

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industries. More information about the conference can be found at http://siia.net/saasgov/2009.

About OpenAir
OpenAir Inc., a NetSuite Inc. company, is a leading provider of Software as a Service (SaaS) services automation software. Offering both professional services automation (PSA) and project portfolio management (PPM) solutions, OpenAir provides project-based organizations and firms the tools they need to grow their businesses quickly and profitably. Providing enterprise-level functionality for businesses of all sizes, OpenAir has more than 50,000 active users at over 350 world-class firms using the software to better capture billable time, manage projects and resources and bill customers. Coupled with a team of highly experienced consultants from some of the world's leading services firms, OpenAir's services automation solutions drive higher profits through improved utilization, visibility and data collection. To learn more, please visit www.openair.com.

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