Released on: 6, November 2006
, Author: Namrata
, Audience: Software related
MetricStream, Inc., the market leader in the enterprise-widequality and compliance solutions, today announced that it has been selected as awinner among the Red Herring 100 Asia's hottest technology companies. The annuallist, available at www.redherring.com, identifies the top 100 privately heldcompanies that demonstrate a leading role in technology innovation. The awardrecognizes MetricStream's innovation and leadership in global compliance managementsolutions.
MetricS tream's enterprise software solutions are used by leading companies toachieve compliance with industry regulations and mandates such as FDA cGMP and 21CFR Part 11, Section 302 and 404 of the Sarbanes-Oxley Act, as well as qualityinitiatives such as ISO 9000 and supplier quality management. Its compliance portalsolutions enable companies to support these key initiatives through best practicescontent, alerts, vertical search, library services, community-based training andonline events.
"By combining our enterprise-level compliance software solutions with an onlinecommunity for training, content, and best practices, MetricStream addresses both -the  what needs to be done' and the  how to do it efficiently' of compliance," saidShellye Archambeau, CEO of MetricStream. "Due to this extremely unique offering,MetricStream continues to attract a huge amount of interest from companies worldwidewho are either embarking on new compliance initiatives or are looking to reducetheir cost of compliance.
The company has a partnership with the NASDAQ Stock Market to offer MetricStreamcompliance products and solutions to NASDAQ-listed companies to enable them tobetter manage their compliance processes and potentially reduce their overall costsrelated to compliance efforts
"We are proud to be selected as the Red Herring 100 winner. Our customers, partnersand market presence continue to demonstrate our incredible momentum in the marketplace," said Gunjan Sinha, Chairman of MetricStream, who received the award at theRed 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 renownedmagazine's tradition of identifying new and innovative technology firms andentrepreneurs. Companies like Google and eBay were spotted in their early days byRed Herring editors as some that would change the way we live and work. Red Herring100 companies are at the forefront of the technologies that are changing our livesin profound ways.
About MetricStream MetricStream is a market leader in Enterprise-wide Quality and Compliance Managementfor global corporations. MetricStream solutions are used by leading corporations indiverse industries such as Automotive, Food, Pharmaceuticals, Manufacturing andElectronics to manage their quality processes, regulatory and industry-mandatedcompliance and corporate governance initiatives. Key MetricStream customers includePfizer, Hitachi Computer Products (America), TaylorMade-Adidas Golf and FairchildSemiconductor.
Source: Express-Press-Release.com
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