September 05, 2008 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced it is co-hosting a forum on Enterprise Risk Management in conjunction with the San Francisco chapter of The Professional Risk Managers' International Association (PRMIA) on 11 th September 2008 between 3 PM and 6:30 PM at 1300 Island Dr, # 106, Redwood City, California.

This invitation-only, complimentary forum provides an opportunity to hear from and network with the leading experts on sustainable Enterprise Risk Management (ERM) strategies. The recent mortgage crisis and Standard & Poor's announcements on their view ofEnterprise Risk Management (ERM) as a company board level agenda item have highlighted the need for companies of all sectors to take a fresh look at the way they manage business and operational risks that directly affect their business performance.

"PRMIA's San Francisco chapter looks forward to co-hosting the Forum on Enterprise Risk Management with MetricStream," said David Millar, Chief Operating Officer of PRMIA. "There are several key challenges that global corporations are facing with respect to effectively managing Enterprise Risk Management programs. This forum will address these challenges and provide attendees with best practices around result-oriented risk mitigation strategies." Ms. Switzer will be joined by Gaurav Kapoor, General Manager and CFO at MetricStream, to discuss the issues surrounding CSR including environmental impact, emissions management, and occupational health and safety, directly impact the GRC strategy, corporate brand and reputation.

The featured speakers for this event include David R. Koenig - Founder, Ductilibility LLC (and former Chair, Board of Directors of PRMIA); Carl Groth - Firm Director, Risk Strategy & Analytics, Deloitte & Touche LLP; Bob Mark, CEO, Black Diamond and Gaurav Kapoor, CFO and General Manager, MetricStream. The agenda includes presentations on best practices and benchmarking for Enterprise Risk Management along with practical suggestions to build key execution frameworks. More information can be found athttp://www.prmia.org/events/view_events.php?eventID=3117 
 
"Enterprise Risk Management is assuming greater importance for business decision makers in the light of increased focus on mitigating risks and managing controls while reducing costs," said Gaurav Kapoor, CFO and General Manager at MetricStream. "The PRMIA forum, co-hosted by MetricStream, brings the best-of-breed thought leadership on Enterprise Risk Management to the Bay Area and will help facilitate continued dialogue and focused networking around this critical business function."

"A well-run ERM program's impact on the value of a company comes from many different angles, some typically overlooked," said David R. Koenig. "This event will explore some of those important elements to enhancing firm value which are easily underappreciated, or are not usually considered during the implementation of ERM."

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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