Albany Molecular goes live with MetricStream

Redwood Shores, Calif. (12/01/2004) - MetricStream, Inc., a market leader in the enterprise-wide quality and compliance market today announced that Albany Molecular Research Inc., a chemistry-based drug discovery and development company, has successfully validated and gone live with the document management capabilities of MetricStream's quality and compliance suite to reduce the cost of cGMP compliance associated with managing regulatory documents within its environment. Albany Molecular is currently deploying the MetricStream Corrective Action and Preventive Action (CAPA) and Out of Specification (OOS)/Variance modules as a part of their second phase of the implementation.

"The MetricStream professional services organization enabled us to go live with the solution in a very smooth manner," said Ashley Peacock, Validation Manager at Albany Molecular. "We are very happy with our choice of MetricStream and look forward to going live with their CAPA and OOS applications to continue to automate our cGMP processes and significantly improve our operational efficiency."

"We are very excited to see Albany Molecular managing a key aspect of their regulatory environment using our solution," said Shellye Archambeau, CEO of MetricStream. "The MetricStream suite is designed to streamline and manage the cGMP processes and it continues to be the solution of choice among leading FDA regulated organizations within US."

About MetricStream
MetricStream is a market leader in Enterprise-wide Quality and Compliance Management for global corporations. MetricStream solutions are used by leading corporations in diverse industries such as Automotive, Food, Pharmaceuticals, Manufacturing and Electronics to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives. Key MetricStream customers include Pfizer, Hitachi Computer Products (America), Aerojet Fine Chemicals, TaylorMade-Adidas Golf and Cannon-ITT Industries. MetricStream is headquartered in Redwood Shores, California and can be reached at www.metricstream.com

About Albany Molecular Research, Inc.
Albany Molecular Research, Inc. is a leading research, drug discovery, development and manufacturing company built on a chemistry platform of comprehensive and integrated technologies, resources and capabilities. The company conducts research and development with many leading pharmaceutical and biotechnology companies and for its own internal discovery programs, and provides cGMP manufacturing of active pharmaceutical ingredients through its wholly owned subsidiary, Organichem Corporation. For more information, please visit www.albmolecular.com.

Media Contacts:
Bonnie Harris, B3 Communications
bharris@b3communications.com
415-332-5816