Redwood Shores, Calif. (12/01/2004) - MetricStream, Inc., a market leader in the enterprise-wide quality and compliance market today announced that Albany Molecular Research Inc., a chemistry-based drug discovery and development company, has successfully validated and gone live with the document management capabilities of MetricStream's quality and compliance suite to reduce the cost of cGMP compliance associated with managing regulatory documents within its environment. Albany Molecular is currently deploying the MetricStream Corrective Action and Preventive Action (CAPA) and Out of Specification (OOS)/Variance modules as a part of their second phase of the implementation.

"The MetricStream professional services organization enabled us to go live with the solution in a very smooth manner," said Ashley Peacock, Validation Manager at Albany Molecular. "We are very happy with our choice of MetricStream and look forward to going live with their CAPA and OOS applications to continue to automate our cGMP processes and significantly improve our operational efficiency."

"We are very excited to see Albany Molecular managing a key aspect of their regulatory environment using our solution," said Shellye Archambeau, CEO of MetricStream. "The MetricStream suite is designed to streamline and manage the cGMP processes and it continues to be the solution of choice among leading FDA regulated organizations within US."

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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