Released on: January 24, 2008, 12:42 am

Press Release Author: MetricStream

Industry: Management

Press Release Summary: MetricStream, the market leader in Enterprise-wide
Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations,
announced that their Vice President of GRC Solutions, Charles Goldenberg, will be
presenting at the conference - Enterprise-Wide Risk Management (ERM)

Press Release Body: MetricStream, the market leader in Enterprise-wide Governance,
Risk, Compliance (GRC) and Quality Solutions for global corporations, announced that
their Vice President of GRC Solutions, Charles Goldenberg, will be presenting at the
conference - Enterprise-Wide Risk Management (ERM): A Practitioner\'s Guide,
organized by EUCI. His presentation on \"ERM - a Front-end Process to Compliance
Management Activities\" will provide insights to using a risk based approach to
efficient and effective methods to manage and improve compliance processes (e.g.
SOX, FERC, NERC and Internal Audit) for energy and utility companies. The conference
is being held on 23 - 25 January at Marriott Austin Downtown in Austin, Texas.

The presentation will cover key topics in today\'s compliance environment for energy
& utility providers and the need for ERM to drive compliance activities; elucidate
why risk is a value generating business phenomena and ERM best practices that drive
Governance, Risk and Compliance (GRC). It will also include an overview of tools
such as MetricStream\'s Enterprise Risk Calculator, which helps gain consensus for
risk factors across the organization and develop effective strategies for lowering
risk.

Business capabilities such as recognizing and mitigating risks, complying with
regulations, gaining increased market valuation and managing the use of assets with
higher returns on risk capital are now generating new enterprise-wide risk
management requirements. While risk managers in all industries are grappling with
the problems of performing real-time risk measurement and mitigation, risk managers
in the energy and utilities sector have to tackle additional complexities due to the
inherent nature of the business. Stringent compliance and regulatory requirements
such as SOX, FERC and NERC regulations add an additional layer of complexity for
energy risk managers and all business functions are impacted operationally as well
as strategically. By adopting a Risk based compliance framework, energy & utility
companies can systematically identify, measure, prioritize and respond to all types
of risks and are hence equipped to competently meet unexpected or even disruptive
business events.

\"Opting for a formal business process for analyzing and managing enterprise risks,
companies can identify, track and resolve risk-related issues proactively and thus
realize better operating performance. This strategy not only helps significantly
lower compliance and governance costs but also outperform competitors,\" said Charles
Goldenberg, VP of GRC solutions, MetricStream.

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, Covidien, 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 94065
650-620-2932
http://www.metricstream.com
pr@metricstream.com