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Redwood Shores, Calif. - May 16, 2005 - MetricStream, Inc., a market leader in the enterprise-wide quality and compliance software solutions today announced that TiEcon 2005, the world's largest conference for entrepreneurs, selected MetricStream as an 'emerging star' in the industry.

According to TiEcon, the Emerging Stars must be private companies -- each with at least $1 million in funding, or more than $10 million in revenues. The list of objective measures used to identify Emerging Stars included an evaluation of their management team, market and industry drivers, competitive advantage, market buzz, revenues and business model, and corporate development.

"Our panel of industry experts started with a list of 50 to 100 companies in each category, and from that group identified the five companies we believe will be future movers and shakers within their industries, said Manish Chandra, chairman for TiEcon 2005's Emerging Stars program. "To be honored as Emerging Stars by TiE, these companies demonstrated leadership, good fundamentals, and strong continuity in the market."

"We are very honored to be considered among a peer group of 'movers' and 'shakers' in the software industry", said Shellye Archambeau, CEO of MetricStream. "We have the right set of products and a proven track record to be considered a market leader in compliance software for industry regulations such as SEC's Saxbanes-Oxley 404, FDA's 21CFR Part 11, USDA's HACCP; Automotive Industry's TS16949/2002 etc".

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.(www.metricstream.com).

Press contact

Sonia Sharma : pr@metricstream.com | India: +91 98450-19197

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