Redwood Shores, Calif. (05/25/2004) - MetricStream, Inc., a market leader in the enterprise-wide quality and compliance market today announced the availability of its solutions in a hosted model. MetricStream decided to deliver this capability in response to a significant interest from its Fortune 1000 customers and prospects.

"Customers in manufacturing and high technology industries are currently implementing our hosted offering to address their quality management and corporate governance requirements", said Shellye Archambeau, CEO of MetricStream. "We find that the hosted model continues to be very appealing to those customers who want to implement a best-in-class quality and compliance suite in today's resource and capital budget constrained environment".

MetricStream's architecture has been designed from ground up to support a hosted offering. Its support for industry standards in authentication and encryption services including SSL, 128-bit encryption, X.509 and MD-5, coupled with a comprehensive user access model, J2EE based scalable technology stack and web architecture enables it to provide its customers with a very compelling hosted offering. The security capabilities in the MetricStream platform to support 21CFR Part11 are also available in the hosted solution

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(

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