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Santa Clara, CA - August 1, 2003. MetricStream, the leading provider of Enterprise Quality and Compliance Management solutions today announced that Carl McCauley has joined its executive team as the new Vice President of Business Development.

Carl until recently was the Chief Operating Officer of Visiprise, which acquired the manufacturing software group from Teradyne in January 2003. At Teradyne, he was the Vice-President of Software Operations where he had P&L responsibility for developing and delivering manufacturing execution software to Fortune 500 manufacturers such as Celestica, Solectron, Hitachi, Sun, Compaq/HP, Raytheon, Goodrich, Philips Lighting, Textron, Ford, Chrysler, Abbott Labs and many others. Prior to joining Teradyne in 2000, Carl was President and CEO of BrightPost Solutions, Senior Vice President of Product Management and Software Development at Fischer International Systems Corp, and Vice President of Software Applications at IVI Checkmate (formerly Checkmate Electronics).

"Carl's proven record of developing strategic relationships and creating high performance results will be instrumental as we continue to identify new, emerging channels for growth in the enterprise quality and compliance management space," said Ramana Mulpury, President and Chief Technology Officer at MetricStream. "We are excited to have Carl join our growing management team."

"I am very excited about the opportunity to enhance MetricStream's distribution within strategic verticals, through partners that have strong presence in their industries", said Carl McCauley, new Vice president of Business Development of MetricStream. "MetricStream's cutting-edge architecture and technology platform makes it easily adaptable and scalable across several verticals as evidenced by their success in Food services, Automotive, High-technology and FDA regulated verticals among others."

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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