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September 1, 2007 | Redwood Shores, CA - MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance ( GRC ) and Quality Management solutions, today announced that a leading provider of digital security and communication infrastructure has selected the MetricStream solution for its Sarbanes Oxley compliance initiative.

The MetricStream solution will serve as an enterprise-wide platform within the company for financial and non-financial controls. It will enable automation of ongoing testing and review of internal controls documentation lowering costs associated with complying with Sections 404 and 302 of the Sarbanes Oxley Act. The solution will also ensure the effective implementation of best practices frameworks for the company's internal audit and risk management programs.

Operating a diverse array of network infrastructure, the company provides a variety of security and telecom services including digital certificates, payments processing and managed firewalls enabling billions of interactions every day across the world's voice and data networks.

"With a growing number of regulations to comply with, companies today are seeking an integrated technology platform for multi-regulatory compliance to drive down the cost of compliance and more effectively manage business risks", said Charlie Goldenberg , Vice President of GRC Solutions at MetricStream. "We are pleased to add another industry leader to our expanding portfolio of customers who want to streamline their internal processes for Governance, Risk and Compliance."

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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