December 18, 2007 | Redwood Shores, CA - MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions today announced that Synta Pharmaceuticals Corp., a biopharmaceutical company focused on discovering, developing and commercializing small molecule drugs that address severe medical conditions, including cancer and chronic inflammatory diseases, has selected MetricStream to streamline their training and document control processes.

Effective procedures and content management for training and control documents is vital for pharmaceutical companies following FDA cGMP regulations and guidelines. Automation of these key business processes on an integrated compliance platform will enable Synta to improve operational efficiencies, lower the cost of regulatory compliance and create a transparent environment for managing critical records, information and data. The system will be compliant with FDA 21 CFR Part 11 requirements for electronic records and information systems.

According to Rob Michael, Senior Director of IT, Synta Pharmaceuticals sought an enterprise software solution to streamline and automate their training and document management processes. After a detailed evaluation of various solutions in the market, MetricStream was selected by Synta Pharmaceuticals based on MetricStream's next-generation technology and the capability of MetricStream's platform to provide a long-term foundation for quality, regulatory and compliance management processes...

"We look forward to working closely with Synta Pharmaceuticals over the next few months through their deployment and validation of our solution" said Carl McCauley, Vice President of Sales at MetricStream. "MetricStream continues to be the preferred choice for Life Sciences companies looking to deploy quality and regulatory compliance management solutions."

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).

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Molly Palm : pr@metricstream.com | (925) 451-1468

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