Released on: January 21, 2008, 2:18 am

Press Release Author: MetricStream, Inc.

Industry: Management

Press Release Summary: Solution to automate auditing and corrective actions
processes for FAA compliance

Press Release Body: MetricStream, Inc., a market leader in enterprise-wide
Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced
that it has been cited as a 'Leader\' in the recent published report Forrester WaveT:
Enterprise Governance, Risk and Compliance Platforms 2007. MetricStream was among
the select companies that Forrester invited to participate in its report The
Forrester WaveT: Enterprise Governance, Risk and Compliance Platforms, Q4 2007.

Forrester developed a comprehensive set of approximately 100 evaluation criteria
against which to evaluate the leading enterprise GRC platforms. In addition to
market presence and client feedback, the companies were evaluated on a range of
capabilities that span multiple enterprise GRC areas including many risk areas such
as strategic, operational and IT risks as well as regulatory and operational
compliance areas such as quality management, health and safety, financial assurance
and corporate governance.

\"We are very happy being recognized as a leader in the Forrester WaveT report on
Enterprise GRC Platforms. It demonstrates our success and commitment towards
enabling our customers in building better governed and more resilient enterprises,\"
said Shellye Archambeau, CEO of MetricStream.

The report notes that \"MetricStream demonstrated one of the most flexible GRC
platforms evaluated\". Further, the report says that \"MetricStream has developed
strong capabilities in all core areas required of the GRC function - policy and
procedure management, risk and control management, loss and investigations
management and GRC analytics.\"

MetricStream demonstrated one of the most flexible GRC platforms evaluated.

MetricStream\'s versatile Enterprise Compliance Platform technology uniquely
addresses a variety of risk scenarios across verticals ranging from Strategic and
Enterprise Risk Management to a growing range of industry-specific operational risk
issues such as Pharmacovigilance in the life sciences industry, Safety risks in the
food and beverage industry, Product Quality risks in the manufacturing industry,
FERC/NERC compliance in the energy and utility industry and Financial Risks in
banking.
In evaluating Corporate Governance capabilities, the report places emphasis on
board/entity management, serving the role of the corporate secretary, managing the
corporate reporting/filing processes, audit management and dashboarding GRC at a
level appropriate to executives and the board. MetricStream has been listed as a
strong performer in this area.

Support for training programs and delivery of regulatory content set MetricStream
prominently apart from the other players in the market, according to the report. \"A
key differentiator is its operation of ComplianceOnline.com, a GRC community portal
that offers visitors access to information, best practices, training and products\",
notes the report.

\"Whereas GRC approaches of the past have been function-specific and isolated from
other areas of the organization, companies are increasingly looking for a federated
approach to manage their Corporate Governance initiatives, Enterprise and
Operational Risk, Regulatory and Industry Compliance that spans the entire
enterprise,\" said Gaurav Kapoor CFO and General Manager of MetricStream. \"A
federated and flexible GRC architecture built on MetricStream\'s technology and
content infrastructure is designed for such environments. It gives stakeholders
access to the critical information needed to run vital business operations while
meeting corporate governance, risk management, regulatory and operational compliance
objectives.\"

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance
(GRC) and Quality Solutions for global corporations. MetricStream solutions are used
by leading corporations such as Pfizer, Philips, American Airlines, NASDAQ, SanDisk,
BP, Entergy, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in
diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High
Tech Manufacturing, Energy and Financial Services to manage their quality processes,
regulatory and industry-mandated compliance and corporate governance initiatives, as
well as by over a million compliance professionals worldwide via the
ComplianceOnline.com portal. MetricStream is headquartered in Redwood Shores,
California and can be reached at www.metricstream.com

Web Site: http://www.metricstream.com

Contact Details: MetricStream, Inc.
3000 Bridge Parkway
Redwood Shores, California
United States
650-620-2932
http://www.metricstream.com
pr@metricstream.com