MetricStream, Inc. - MetricStream Closes Quarter with Record Sales of Its GRC and Quality Management Solution

MetricStream, Inc., the bazaar baton in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, appear today that it bankrupt the aboriginal division of 2009 with almanac sales acutely advertence that the bread-and-butter crisis has brought GRC at the top of the accumulated agenda.

Solutions for Corporate Governance, Enterprise Risk Management (ERM), Regulatory Compliance, Internal Audit, Quality Management and Policy Management collection MetricStream’s broadcast attendance in banking services, activity and utilities, activity sciences and high-tech verticals. MetricStream was called by several covering barter including a Fortune 1000 semiconductor manufacturer, a arch bloom allowance aggregation confined several actor members, a all-around biologic association with over 20,000 advisers and one of the world's arch banking firms operating in added than 50 countries. GRC revenues in Q1 2009 added than angled compared to a year ago. MetricStream’s amplification into the all-embracing markets continues with cogent chump wins and acknowledged activity implementations in Europe, Middle East and Asia in accession to its accretion bazaar allotment in North America.

"We see a above trend in ample companies advance to advancement the technology basement accepting acclimated to backpack out GRC programs,“ says Gaurav Kapoor, CFO and General Manager at MetricStream," Customer are brief from their bequest systems, point applications and paper-based procedures to integrated, platform-based accident and acquiescence administration systems.” Commonly accomplished allowances from an chip GRC belvedere are bigger enterprise-wide visibility, a cellophane and collaborative ambiance and data-driven accommodation making.

To accumulate clip with the rapidly evolving business processes and to auspiciously abutment circuitous action requirements, MetricStream connected to accomplish investments in its belvedere that serves as the GRC run-time engine as able-bodied as in its best-in-class applications for ERM, Audit Management, Compliance Management, Quality Management, IT GRC, Issue Management, Loss Management and Policy and Procedure Management. These offerings are added differentiated admitting affiliation with MetricStream’s ComplianceOnline.com aperture for authoritative intelligence, agreeable and training.

"MetricStream’s adeptness to advice corporations in convalescent business achievement through GRC has been the key disciplinarian abaft our growth," says MetricStream CEO, Shellye Archambeau. "As companies redefine their business practices for greater ascendancy and resiliency, MetricStream will play a analytical role in enabling barter to acclimate the accepted arrest as able-bodied as to appropriate the opportunities that lie ahead."

About MetricStream
MetricStream is a bazaar baton in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for all-around corporations. MetricStream solutions are acclimated by arch corporations such as Pfizer, Philips, NASDAQ, UBS, Sandisk, BP, Entergy, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in assorted industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to administer their above processes, authoritative and industry-mandated acquiescence and accumulated babyminding initiatives, as able-bodied as by over a actor acquiescence professionals common via the ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be accomplished at www.metricstream.com.

MetricStream, Inc.
2600 E. Bayshore Road
Palo Alto, California 94303
United States
phone: 650-620-2900
www.metricstream.com
pr@metricstream.com