January 16, 2008 | Redwood Shores, CA - MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that the one of the world's largest passenger airlines is implementing the MetricStream solution for streamlining and managing a wide range of audits for their safety and compliance initiatives to meet various FAA mandates.

The solution will be used to manage a wide range of audits mandated by the FAA and critical for airline operations including Line Observation Safety, Internal Evaluation Program, Flight Safety, Ground Safety, Maintenance Safety & Compliance, Maintenance & Engineering, Quality Assurance, Codeshare Safety Oversight Program, System Safety & Analysis, Occupational Safety, Safety and Quality Evaluations.

MetricStream is providing an integrated solution to this Fortune 500 company for managing the complete audit process including risk assessment, audit planning and scheduling, development of standard audit plans and checklists, field data collection, development of audit reports and recommendations, review of audit recommendations and corrective/preventive actions (CAPAs).

"Companies are managing increasingly complex compliance programs for which auditing processes are not well integrated and handled with a heterogeneous set of auditing tools and systems. MetricStream's Audit Management solution is a comprehensive and flexible solution for regulated environments enabling enterprise-wide visibility and control that localized point-applications do not provide," said Carl McCauley , Vice President of Sales at MetricStream. " Our experience in providing auditing, operational compliance and quality management solutions to some of the top global corporations will enable this airlines to implement industry best practices in quality, safety and compliance management in order to reduce costs, shorten cycle times and improve overall process efficiencies."

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).

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