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Feb 21, 2007 | Redwood Shores, Calif. - MetricStream, Inc., the market leader in the enterprise-wide Governance, Risk, Compliance (GRC) and quality solutions, today announced that Charles Goldenberg has joined the company as its Vice-President for the Governance, Risk and Corporate Compliance Solutions Business. In this new role, Charles will be responsible for driving MetricStream's growth in the areas of Enterprise Risk Management, Corporate & Board Governance, Corporate Compliance including compliance with Internal policies, industry regulations and Sarbanes Oxley.

Charles brings more than 30 years of professional experience to MetricStream, including 25 years as a management consultant. At KPMG Consulting, Charles was the West Coast partner-in-charge for their World-Class Finance practice where he worked with a number of leading companies on Finance process and governance issues. Charles also was KPMG's thought leader regarding the Balanced Scorecard performance measurement framework and a leading practitioner on the topic of activity-based costing. At Deloitte Consulting, Charles was partner-in-charge of the Americas High Technology Industry Practice, and led Deloitte's business relationships at several major accounts, including: Cisco Systems, Microsoft, and Sun Microsystems. At Mercer Management Consulting, he was the managing director for the San Francisco practice. Charles holds a Master of Science degree from Stanford University in industrial engineering and a Bachelor of Science degree in mechanical engineering from the University of California at Santa Barbara, where he graduated with honors.

"We are delighted to have Charles join our organization to build our Corporate Governance, Risk Management and Corporate Compliance business", said Shellye Archambeau, CEO of MetricStream. "We had a successful 2006 driven by our exclusive NASDAQ partnership, expanding our customer base and launching http://corporate.complianceonline.com for our SOX compliance and Corporate Governance solutions. With Charles' expertise and guidance, I look forward to significant growth in this business segment in 2007. Combined with the rapid growth and adoption that we are seeing in our Operational Compliance and Quality business segment and the ComplianceOnline.com business, we expect MetricStream to firmly establish itself as a leader in the Governance, Risk, Compliance and Quality space".

"MetricStream has all of the five key ingredients needed for continued success in this business segment - a very compelling vision, the right products, a list of happy customers that are leaders in their industries, strategic partnerships, and solid domain expertise", said Charles Goldenberg, Vice President, Governance Risk and Corporate Compliance Solutions, MetricStream. "I look forward to working closely with the team to realize our vision for 2007 and beyond".

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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