March 13, 2008, Redwood Shores, California - MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that it is participating in the 2008 General Audit Management (GAM) Conference being hosted by The Institute of Internal Auditors (IIA). The company will demonstrate its industry leading Audit Management solution designed to help manage a wide range of audit-related programs, data and processes. The conference is being held on March 17-19, 2008 at the Red Rock Casino, Resort and Spa, Las Vegas, NV.

The GAM conference is IIA's signature event and is aimed at addressing the most critical issues facing audit management today and to provide insights from industry experts. Also weaved into the program are various events, roundtables and workshops that will offer outstanding learning and networking opportunities to attending chief audit executives (CAEs) and directors, audit committee members, board members and financial executives.

At the conference, MetricStream will showcase its comprehensive solution suite for GRC with focus on its Audit Management solution. Auditors can greatly benefit from the solution designed to support a variety of audits, including financial audits, operational audits, IT audits, supplier audits and quality audits across the organization. The solution provides rich capabilities that enable audit managers to identify and assess risks, create audit programs, manage documentation, perform audits, implement remediation and corrective action plans and present audit reports. Advanced capabilities like built-in remediation workflows, time tracking, email-based notifications and alerts, risk assessment methodologies and offline functionality for conducting audits at remote field sites allow organizations to implement the industry best practices for efficient audit execution and ensure integration of the audit process with the risk and compliance management system.

"With organizations adopting an integrated approach to GRC initiative, audit managers are playing a pivotal role providing an independent assessment and view of state of the business. Our solutions empower audit managers to monitor risks and ensure compliance across organizational silos such that auditing priorities are determined by an enterprise-level risk-based approach and not departmental and tactical imperatives," Gaurav Kapoor, General Manager and CFO of MetricStream. "MetricStream is happy to be associated with the IIA GAM Conference and to showcase our experiences and expertise in enabling companies to effectively manage audit programs for succeeding in their GRC initiatives."

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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