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Santa Clara, CA - March 10, 2003. MetricStream, a leading provider of enterprise quality management (EQM) solutions, today announced the general availability of its fully Web-based Quality*Stream Training Management module. Quality*Stream is MetricStream's integrated suite of web-based applications that automate enterprise-wide quality assurance activities and enable overall business process improvement. The Training Management module will serve the needs of -the pharmaceutical, automotive, high-tech, and aerospace and defense sectors.

The MetricStream, training module offers several features to assist training managers and compliance administrators. Course design and scheduling, employee skill tracking, evaluation of the "gap" between requisite training and acquired training, planning, capturing and consolidating training requests. Additional features include registration and qualification of instructors and maintenance of training records. The module also provides a schedule of internal and external classes available with automatic notification of availability and approval routing capability. It seamlessly integrates with other Quality*Stream modules like CAPA, NCM and Documentation for dynamic, event based training procedures.

"The training module will help professionals across industry eliminate costly manual processes, efficiently manage and synchronize information and significantly decrease the cost of poor training", said Prashanth Shetty, Director Of Products for MetricStream. "It also ensures full compliance with the latest ISO 9000 standards and FDA regulations". He indicated that the positive response for this module from early adopters had helped create a flexible and powerful product to comply with diverse customer needs.

The training module will be mainly targeted at Training managers, but extends to shop floor workers, supervisors, production managers, administrators and regulatory affairs experts among others. Companies whose operations require FDA or OSHA compliance and other certifications can also benefit from the adoption of a training module. The training module is 100% web-based and users can obtain comprehensive on-demand reports, audit trails and event histories. Enterprises can effectively track a multitude of metrics from cost of training and class utilization to backlog rate, training-related CAPAs including class ratings. The training module is fully integrated with Quality*Stream, MetricStream's suite of Web-based Enterprise Quality and Compliance Management Solutions.

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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