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StrikeIron Integrates The StrikeIron Marketplace with NetSuite as Part of the NetFlex Applications Program

Allows NetSuite’s One System Users to Enhance Records With Real-Time, On-Demand Data From the StrikeIron Web Services Marketplace

RESEARCH TRIANGLE PARK, NC and SAN MATEO, CALIF., January 12, 2006 – StrikeIron® Inc., the worldwide leader of Web services commercialization through the StrikeIron Web Services Marketplace™, today announced that it has partnered with NetSuite to deliver on-demand Web services as a value add to their inaugural NetFlex Applications Program. The NetFlex Application platform goes beyond other on-demand development environments by being the first to allow third party applications to integrate rich transaction data – orders, inventory, invoices and shipments – with their applications. For more information about the NetFlex Applications Program, please visit www.netsuite.com/NetFlexapps.

Because NetSuite is the “system of record” spanning ERP, Ecommerce and CRM, the range of applications built using its NetFlex environment is far more powerful than applications built on stand-alone, point-product applications. NetSuite’s order management, inventory management, shipping management, and payroll and financial data are the lifeblood of most companies, and now such data can be accessed for new Web services-based applications. By adding Web services such as email and address verification, geocoding or credit card validation companies can perform real-time data verification. In addition, data enhancement eliminates the cost and headache of importing and exporting customer data in and out of their CRM system.

StrikeIron is the leader in the commercialization of Web services through the StrikeIron Marketplace, which is available as part of the StrikeIron Web Services Business Network. It provides a complete self-publishing capability for providers and a consistent and simplified authentication, subscription, and management capability for users. This is an ideal solution for integration of live data directly into real-time business processes to increase productivity and lower costs. For example, in CRM applications, customer contact management, data quality cleansing, and company competitive and financial data. Web services can be used to implement live data feeds and eliminate the time consuming, costly and error prone methods of bulk data importing, exporting and cleanup resulting in greater productivity at a lower cost.

StrikeIron’s OnDemand for Excel add-in also enables drag and drop integration of NetSuite’s Web Services API into Excel for a live look into the NetSuite system via a spreadsheet. If desired, NetSuite’s Web services can be combined with StrikeIron’s Marketplace Web Services within a spreadsheet to create an extended, real-time view of NetSuite data combined with external data sources.

“We are very proud to be a NetFlex Application Program partner to bring real-time, on-demand data integrity to NetSuite Customers,” said Bob Brauer, president and CEO of StrikeIron. “Multiple Web services combined with our pay-as-you-go model allows for greater flexibility, better cost efficiencies and access to real-time data without the problems of traditional database problems/issues such as updating, exporting and importing data.”

“NetSuite helps a company manage its core back-office/ front-office processes. The NetFlex Application Program allows third-parties to leverage this ‘system of record’ to extend NetSuite into a host of important applications,” said Zach Nelson, CEO of NetSuite. “StrikeIron’s Excel tool will allow customers to interact with NetSuite data using a live spreadsheet. Combined with other data services from the marketplace, this is a powerful tool for our customers.”

About NetSuite

NetSuite enables companies to manage all key business operations in a single, integrated system, which includes customer relationship management; order management and fulfillment; inventory management; finance; ecommerce and Web site management; and employee productivity. 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

About StrikeIron

StrikeIron is the leader in providing innovative solutions for delivering data over the emerging Internet. The company’s innovative Web Services Marketplace provides a technology platform, micro-transaction management and a consistent interface across many XML-based Web services from multiple, diverse sources. This allows business users, application developers and enterprise IT professionals to customize and integrate external data sources and additional external functionality into enterprise, Web, and composite applications. Currently, StrikeIron provides over 100 live data sources and business functions from organizations such as Cortera, D&B, Gale, MapQuest, Midnight Trader, Tax Data Systems, The Sports Network, and Zacks.

StrikeIron also offers IronCloud™, the only comprehensive Web services delivery platform that opens up new channels for data distribution and consumption through Web Services. Enterprises of all sizes can now reduce the cost and complexity of managing the challenges of data distribution which include leveraging an existing external hardware and software architecture, controlling and metering access and usage, external monitoring for 24x7 reliability, full usage analytics, as well as multiple authentication scenarios and instead concentrate their focus on making information easier for partners, customers, and distributed business units to access and use. StrikeIron delivers value to over 1,500 customers and partners such as Avaya, BEA, Delivery.com, IBM, Honda Europe, D&B, Siemens, Nike, Swarovski, ShoeBuy, and Exclusive Resorts. For more information, visit www.strikeiron.com.

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Media Contacts:  
Jane Foreman
StrikeIron, Inc.
(919) 467-4545 x112
jane.foreman@strikeiron.com
Kristi Lee
Crossroads Public Relations 
(919) 270-8054
klee@crossroadspr.com

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

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