Mr. J.D. Saint-Martin of Lightspeed reports

LIGHTSPEED RETAIL ACHIEVES 'BUILT FOR NETSUITE' STATUS; NEW SUITEAPP FOR RETAIL POINT OF SALE MEETS ORACLE NETSUITE SUITECLOUD PLATFORM DEVELOPMENT STANDARDS AND BEST PRACTICES

Lightspeed Commerce Inc.'s Lightspeed Retail SuiteApp has achieved the "Built for NetSuite" status. The new SuiteApp, built using the Oracle NetSuite SuiteCloud platform, helps organizations further simplify operations and improve business efficiency.

"The Lightspeed Retail SuiteApp helps users focus on running their business without worrying about cumbersome backend processes," said J.D. Saint-Martin, president, Lightspeed Commerce. "Building upon NetSuite's integrated business system, Lightspeed helps retailers further simplify operations, save time and reduce costs. Ultimately, this allows retailers to focus more on what matters most -- their customers."

The SuiteApp enables retailers to integrate and automate data flows between NetSuite and Lightspeed Retail POS (point of sale) to improve data sync across products, inventory and customer history; simplify transaction reporting; optimize inventory; and centralize multilocation data visibility.

"Retail operations are complex, and integrated data is important to help deliver consistent customer experiences across all channels," said Scott Derksen, vice-president, partnerships and business development, Oracle NetSuite. "This new SuiteApp extends our robust solution for omnichannel commerce and helps NetSuite customers further integrate their business operations and POS systems."

Built for NetSuite is a program for NetSuite SuiteCloud developer network (SDN) partners that provides the information, resources and methodology required to help partners verify that their applications and integrations meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps, like Lightspeed Retail, have been built to meet these standards.

About SuiteCloud

Oracle NetSuite's SuiteCloud platform is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading cloud-based financials/ERP software suite, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly created mission-critical applications built to extend the power of NetSuite.

About Lightspeed Commerce Inc.

Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional omnichannel customer experiences. Its cloud commerce solution transforms and unifies on-line and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions and connection to supplier networks.

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