January 16, 2008 | Redwood Shores, CA - MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that the one of the world's largest passenger airlines is implementing the MetricStream solution for streamlining and managing a wide range of audits for their safety and compliance initiatives to meet various FAA mandates.

The solution will be used to manage a wide range of audits mandated by the FAA and critical for airline operations including Line Observation Safety, Internal Evaluation Program, Flight Safety, Ground Safety, Maintenance Safety & Compliance, Maintenance & Engineering, Quality Assurance, Codeshare Safety Oversight Program, System Safety & Analysis, Occupational Safety, Safety and Quality Evaluations.

MetricStream is providing an integrated solution to this Fortune 500 company for managing the complete audit process including risk assessment, audit planning and scheduling, development of standard audit plans and checklists, field data collection, development of audit reports and recommendations, review of audit recommendations and corrective/preventive actions (CAPAs).

"Companies are managing increasingly complex compliance programs for which auditing processes are not well integrated and handled with a heterogeneous set of auditing tools and systems. MetricStream's Audit Management solution is a comprehensive and flexible solution for regulated environments enabling enterprise-wide visibility and control that localized point-applications do not provide," said Carl McCauley , Vice President of Sales at MetricStream. " Our experience in providing auditing, operational compliance and quality management solutions to some of the top global corporations will enable this airlines to implement industry best practices in quality, safety and compliance management in order to reduce costs, shorten cycle times and improve overall process efficiencies."

About MetricStream

MetricStream is the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions. MetricStream solutions are used by leading global corporations in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing to manage their risk management programs, quality management processes, regulatory and industry-mandated compliance and other corporate governance initiatives. MetricStream’s customers include UBS, Société Générale, Pfizer, Philips, Cummins, Kellogg’s, Mondelez International, SanDisk, and NetApp. MetricStream also owns and operates the www.ComplianceOnline.com portal - the largest GRC advisory network and one of the largest GRC communities. MetricStream is headquartered in Palo Alto, California, USA (www.metricstream.com).

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Molly Palm : pr@metricstream.com | (925) 451-1468

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