New York, January 17, 2012 - PwC US today announced the launch of a joint business relationship with MetricStream Inc., a market leader in enterprise-wide governance, risk and compliance (GRC) solutions. The relationship with MetricStream enhances PwC's risk assurance capabilities in providing integrated solutions to improve companies' collective Enterprise and IT risk management and risk-based decisions.

PwC's Risk Assurance Services practice numbers more than 2, 100 professionals who provide companies with significant technical expertise, as well as deep industry knowledge across all industries. Skilled team members assist companies in developing risk and compliance programs, performing audits and creating internal controls processes around business performance issues, IT systems as well as strategy and contingency planning.

"With growing demand for greater transparency and efficiency, it is critical for companies to employ integrated GRC initiatives to ensure productivity and alignment with overall business processes," said Joe DeVita partner with PwC's Risk Assurance Services practice. "By teaming with MetricStream, a company that is highly-regarded by analysts and customers, we are adding the capabilities of a best-in-breed, off-the-shelf GRC solution provider with robust functionality to complement our risk assurance capabilities, providing added value for clients."

With its enterprise scalability and ability to support complex, global organizations, MetricStream's highly-configurable, platform-based GRC solutions help provide Risk Intelligence by integrating Internal Audit, Sarbanes-Oxley, Regulatory Compliance, Quality Management, Security, IT GRC initiatives all the way through Operational and Enterprise Risk Management. As part of this process, the system also aggregates risk and compliance information across the enterprise, spanning business processes, IT applications and security infrastructure, providing top-down visibility and insights to drive business decisions. The integrated system for GRC will also deliver appropriate content such as risks, controls, regulations, standards and policies, among many other libraries. Several global customers have large scale enterprise-wide deployments of MetricStream GRC solutions with tens of thousands of users.

"PwC delivers world class services to clients in streamlining operational processes and management reporting of risk to help companies improve business performance, and MetricStream provides the technology platform to ensure end-to-end, adaptable, and sustainable GRC solutions," said Keri Dawson, Vice President of ComplianceOnline Advisory Services at MetricStream. "This joint business relationship creates compelling value for clients by combining the industry knowledge and leading practices of PwC with MetricStream's market-leading GRC software solutions."

PwC received a 'Strong Positive' rating - the highest possible rating given- in Gartner's MarketScope for Global Enterprise Governance, Risk Management and Compliance Consulting Services report, which was published on March 16, 2011.

MetricStream was named a leader based on its current offering, strategy and market presence as part of Forrester Research's, Inc.'s The Forrester WaveTM : Enterprise Governance, Risk and Compliance Platforms, Q4 2011 report published on November 30, 2011. In addition, Gartner has positioned MetricStream in the Leaders Quadrant of the 2011 Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms* report published on July 13, 2011. MetricStream also received a 'Positive' rating in Gartner's MarketScope for IT Governance, Risk and Compliance Management report, published on September 30, 2011.

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

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