MetricStream named among Red Herring 100 hottest private companies

Released on = November 6, 2006, 12:28 am

Press Release Author = Namrata

Industry = Software

Press Release Summary = MetricStream, Inc., the market leader in the enterprise-wide
quality and compliance solutions, today announced that it has been selected as a
winner among the Red Herring 100 Asia\'s hottest technology companies.

Press Release Body = MetricStream, Inc., the market leader in the enterprise-wide
quality and compliance solutions, today announced that it has been selected as a
winner among the Red Herring 100 Asia\'s hottest technology companies. The annual
list, available at www.redherring.com, identifies the top 100 privately held
companies that demonstrate a leading role in technology innovation. The award
recognizes MetricStream\'s innovation and leadership in global compliance management
solutions.

MetricStream\'s enterprise software solutions are used by leading companies to
achieve compliance with industry regulations and mandates such as FDA cGMP and 21
CFR Part 11, Section 302 and 404 of the Sarbanes-Oxley Act, as well as quality
initiatives such as ISO 9000 and supplier quality management. Its compliance portal
solutions enable companies to support these key initiatives through best practices
content, alerts, vertical search, library services, community-based training and
online events.

\"By combining our enterprise-level compliance software solutions with an online
community for training, content, and best practices, MetricStream addresses both -
the 'what needs to be done\' and the 'how to do it efficiently\' of compliance,\" said
Shellye Archambeau, CEO of MetricStream. \"Due to this extremely unique offering,
MetricStream continues to attract a huge amount of interest from companies worldwide
who are either embarking on new compliance initiatives or are looking to reduce
their cost of compliance.

The company has a partnership with the NASDAQ Stock Market to offer MetricStream
compliance products and solutions to NASDAQ-listed companies to enable them to
better manage their compliance processes and potentially reduce their overall costs
related to compliance efforts

\"We are proud to be selected as the Red Herring 100 winner. Our customers, partners
and market presence continue to demonstrate our incredible momentum in the market
place,\" said Gunjan Sinha, Chairman of MetricStream, who received the award at the
Red Herring Asia conference in Hong Kong on behalf of the company.

\"Red Herring 100\" Award
Red Herring\'s lists of top private companies are an important part of the renowned
magazine\'s tradition of identifying new and innovative technology firms and
entrepreneurs. Companies like Google and eBay were spotted in their early days by
Red Herring editors as some that would change the way we live and work. Red Herring
100 companies are at the forefront of the technologies that are changing our lives
in profound ways.

About MetricStream
MetricStream is a market leader in Enterprise-wide Quality and Compliance Management
for global corporations. MetricStream solutions are used by leading corporations in
diverse industries such as Automotive, Food, Pharmaceuticals, Manufacturing and
Electronics to manage their quality processes, regulatory and industry-mandated
compliance and corporate governance initiatives. Key MetricStream customers include
Pfizer, Hitachi Computer Products (America), TaylorMade-Adidas Golf and Fairchild
Semiconductor.

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

Contact Details = Namrata
pr@metricstream.com
+91-080-25631894

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