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August 20, 2007 | Redwood Shores, CA - MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that it will be demonstrating its industry leading Enterprise Compliance Platform and its comprehensive suite of applications for effective risk and compliance management at the 2007 Risk and Control Conference hosted by The Institute of Internal Auditors (IIA). The event participation follows on the heels of MetricStream's recent release of the version 5 of its Audit Management solution.

The conference is being held on August 20, 21 and 22, 2007 in San Diego, California. The theme for this year is "The Future of Progressive Auditing" and the conference will offer participants an array of tools and knowledge to help improve their organization's risk management and control processes.

Companies are managing increasingly complex GRC and Quality Management programs for which auditing processes are not well integrated and handled with a heterogeneous set of auditing tools and systems. Internal Auditors can greatly benefit from an integrated solution designed to support a variety of audits, including financial audits, operational audits, IT audits, supplier audits and quality audits across the organization. Currently used by the some of the world's largest corporations including NASDAQ, American Airlines, BP and Entergy Corporation, MetricStream's audit management solution provides comprehensive capabilities for managing auditing processes for multi-regulatory compliance and risk management.

"The role of internal auditors is rapidly changing with a proliferation of compliance and reporting requirements faced by companies as well as increasing focus on managing risk exposures and corporate governance," said Gaurav Kapoor, General Manager and CFO of MetricStream. "MetricStream offers the industry's most comprehensive solution that enables internal audit organizations to implement the industry best practices to support compliance with multiple regulations and quality standards, risk management programs and corporate policies."

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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