Redwood Shores, CA. (01/03/2004) - MetricStream, a market leader in Enterprise-wide Quality and Compliance Management for global corporations, is proud to announce that the Forum for Women Entrepreneurs and Executives (FWE), the premier networking organization for women building and leading high-growth companies, honored its CEO, Shellye Archambeau, with a Trailblazer Award at the Sixth Annual FWE Celebration of Leadership Achievement on December 9, 2004. Trailblazer Awards were given to nine CEOs who, combined, raised more than $55 million in venture capital for their companies; seven Navigator Awards recognized women who had been appointed to Boards of Directors of private or public companies; and the Lodestar Award honored a CEO who had successfully led her company through a liquidity event for shareholders, including a sale, acquisition, or public offering.

Prior to joining MetricStream, Shellye was CEO of Zaplet. Before that, she was Chief Marketing Officer and Executive Vice President of Sales for Loudcloud, Inc., responsible for all global sales and marketing activities. At Loudcloud, she led their transformation into an enterprise-focused company while growing sales 50% year over year. Previously, Shellye served as Chief Marketing Officer of NorthPoint Communications, where she led the design and implementation of all sales and marketing strategies. She also served as president of Blockbuster's e-commerce division and was recognized by Internet World as one of the Top 25 "Click and Mortar" executives in the country in June of 2000. Shellye spent the prior 15 years at IBM, holding several domestic and international executive positions. She earned her bachelor of science degree at the University of Pennsylvania, Wharton School of Business.

"We're thrilled to honor such a powerful group of women entrepreneurs and achievers at this sixth annual event," said Sheryle Bolton, FWE Board Chair. "Over the past eighteen months, our members have successfully closed millions of dollars of venture capital funding for successful companies. We additionally honor women who led their companies through liquidity events for shareholders, such as a sale or public offering. And we also salute our experienced members who have been tapped for Director positions on private and public company Boards. We are proud to celebrate these milestone achievements for our members and their companies."

About the Forum for Women Entrepreneurs and Executives
Founded in 1993, the Forum for Women Entrepreneurs and Executives (FWE) is the premier networking organization for corporate and entrepreneurial women building and leading high-growth companies. FWE's mission is to accelerate women's opportunities to start, manage, lead and invest in market-leading companies by providing its members with powerful access to powerful networks. Via national and international visibility as well as networking, educational and social programs, FWE delivers real value. www.fwe.org

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).

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