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May 31, 2007 | Redwood Shores, Calif. - MetricStream, Inc., the market leader in the enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that a leading manufacturer of enterprise storage and data management hardware products has selected MetricStream's solution for automating key quality processes. MetricStream solutions are also being used by other High Tech manufacturers including Sandisk, Fairchild Semiconductor and Hitachi.

The Fortune 1000 company is a leader in unified storage solutions has multiple product lines with worldwide manufacturing locations and a global supply base. The MetricStream solution will streamline the processes for quality issue management, product and process nonconformance, investigations, root cause analysis and corrective actions across its globally distributed operations as well as with its partners and suppliers.

Additionally, the solution's collaboration and workflow capabilities will improve linkages and communications across the manufacturing value chain and ensure compliance with the industry standard 8D and Seven-Step Corrective and Preventive Action (CAPA) methodology.

Reducing time-to-market while managing meticulous quality processes and procedures is a key challenge faced by high tech manufactures today. By improving operational efficiencies in quality systems, MetricStream enables companies to create a transparent environment for proactively identifying, tracking and resolving quality issues.

Risks from non-compliance with quality standards include loss of key customers, line shutdowns, and higher internal manufacturing costs," said Carl McCauley, Vice President of Sales at MetricStream. "As a result, executives are focused on ensuring compliance with the required regulations, mandates, standards and policies by streamlining processes and investing in technology. MetricStream continues to be the vendor of choice for leading companies looking to deploy enterprise-class systems to manage multiple quality and compliance initiatives."

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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