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Redwood Shores, Calif. (10/04/2004) - MetricStream, Inc., a market leader in the enterprise-wide quality and compliance market today announced that MetricStream 3.5 will provide offline capabilities to specifically enable mobile users such as internal auditors to easily do their job. MetricStream 3.5 is now generally available to all MetricStream customers. MetricStream also announced today new capabilities for application delivery via email - see associated press release.

Internal auditors, who are very mobile and typically work offsite, today use spreadsheets and printed reports to collect audit data at the site and then enter that data into their auditing application when they are back at their office. Since auditors typically work in teams and the audit team leader needs to review all the data collected by team members, the current data collection techniques become very cumbersome in environments when checklists are large and timelines are tight. MetricStream 3.5 offline capability enables audit teams to take their audit checklists offline on their laptops, easily share collected data among team members using its unique offline briefcase functionality, and then synchronize the checklists with collected data back into the online MetricStream system when they are back in the office. MetricStream’s innovative briefcase capability provides seamless usage across the offline and online modes.

"MetricStream continues to distance itself from other vendors by offering the most innovative capabilities in its products", said Shellye Archambeau, CEO of MetricStream. "Ensuring offline access with easy synchronization by audit teams is one of the most requested features by our customers as they prepare to assess the effectiveness of internal controls for Sarbanes-Oxley or validate their processes for regulatory compliance and quality initiatives. With MetricStream 3.5, we are now uniquely positioned to address these customer needs."

MetricStream's quality and compliance solutions are used by leading companies to achieve:

  • Compliance with industry regulations such as 21CFR Part 11, cGMP, TREAD or OHSAS 18001 ;
  • Compliance with Section 302 and 404 of the Sarbanes-Oxley Act of 2002 and other Corporate Governance initiatives
  • Successful implementation of their quality initiatives such as ISO9000, six-sigma or supplier quality management
  • Compliance with industry mandates such as TS16949 in the Automotive Industry;

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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