Santa Clara, CA - December 19, 2003. MetricStream, a leading provider of Enterprise Quality and Compliance Management solutions, today announced that one of the ten largest Tier-1 suppliers to the global automotive industry has selected MetricStream's Quality*Stream Enterprise Quality and Compliance Management Suite to manage quality processes across its global network of suppliers and manufacturing facilities. Quality*Stream is a web-based, fully-integrated suite of applications that automate enterprise-wide quality management activities and enable regulatory compliance.

"We are very excited to see MetricStream continue to gain traction with some of the world's largest companies," said Gunjan Sinha, Chief Executive Officer of MetricStream. "Global enterprises are realizing the true business value that can be achieved through Quality*Stream."

MetricStream is the first company to offer a complete suite of web-based, fully-integrated Enterprise Quality and Compliance Management applications to large enterprise customers. Quality*Stream combines scalability and configurability with powerful analytics to drive better management decisions and measurable business benefits. These include reduced cost of poor quality through supplier charge-backs, automation of quality management processes and reduction in warranty claims and recall events, as well as increased revenues through better adherence to OEM and regulatory standards and requirements.

The selection of Quality*Stream for extended enterprise quality management by one of the automotive industry's top-tier companies is further validation of Quality*Stream's advantage in the complex and dispersed manufacturing and supply chain environments of Global 2000 enterprises in regulated consumer goods industries.

About MetricStream
MetricStream is an enterprise software company that provides the first truly unified Enterprise Quality and Compliance Management System for global corporations. MetricStream provides a scaleable and extensible web-based solution for closed-loop control and continuous improvement of quality related processes. MetricStream's Quality and Compliance Management software, Quality*Stream is built on MetricStream's flagship patent pending EPM Platform technology. MetricStream's suite of products includes Corrective and Preventive Action (CAPA), Non-Conformance Management (NCM), Inspection, Document Management, Complaints Management, Equipment Management, Variance, Out-of-Specification (OOS), Training and Audits. MetricStream is headquartered in Redwood Shores, California with offices in Atlanta, GA, Vienna, VA, and Bangalore, India.

For more information, please contact:
Public Relations
MetricStream Inc.
650-620-2932
pr@metricstream.com