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February 29, 2008, Redwood Shores, California - MetricStream, the market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions, today announced its participation in The TCS Innovation Forum 2008 being held on 3 and 4 March at the Four Seasons Hotel, Palo Alto, California.

This annual innovation event brings together an eclectic group of thought leaders across universities, innovative start-up companies, research organizations, venture funds, and TCS Innovation Labs, to connect and discuss emerging technology trends that impact businesses globally. This event is sponsored by Tata Consultancy Services (TCS), a leading global IT services and consulting firm.

MetricStream has enabled leading corporations in diverse industries to adopt an integrated enterprise-wide strategy for GRC and Quality Management. It has been in alliance with the TCS Co-Innovation Network (CoIN), since early 2005. This unique TCS-MetricStream partnership brings a compelling value proposition to their customers, helping them leverage MetricStream's GRC and Quality Management capabilities, solutions, experience and a patented software platform along with TCS' diverse industry knowledge, implementation expertise and global deployment support.

During the event, Gunjan Sinha, Chairman of MetricStream will be participating in a press briefing along with a select group of CoIN partners. Also, MetricStream's Vasant Balasubramanian, Director of Product Management, will be presenting a case study on the integrated approach to compliance and quality management adopted by a Fortune 500 automotive manufacturer. This discussion will help the audience to better understand the strategy and methods adopted to ensure enterprise-wide visibility and control, resolve issues affecting the efficiency, quality and productivity of compliance teams and automation of key quality business processes.

Talking about the TCS Innovation Forum, MetricStream's CFO and General Manager, Gaurav Kapoor said, "It is indeed our privilege to participate in this unique event which encourages and provides a platform for TCS' partners to showcase their strengths in the innovation ecosystem. Our relationship with TCS' CoIN underlines our skill and efficacy in providing our customers with value-added and innovative solutions and services to meet their GRC and Quality Management challenges in a constantly changing environment."

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).

Press contact

Sonia Sharma : pr@metricstream.com | India: +91 98450-19197

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