MetricStream’s ComplianceOnline.com Wins International Stevie Award for Best New Product – Computer Service

MetricStream, Inc. - the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions today announced that its ComplianceOnline.com portal has won the “Best New Product or Service - Computer Services” award at the fourth annual International Business Awards, better known as the Stevie Awards. MetricStream was also named as the finalist in the category for Most Innovative Company in Asia.

The award recognizes ComplianceOnline.com for creating a revolutionary online ecosystem for regulatory compliance, quality management, risk management, and legal professionals. The popular one-stop information source ComplianceOnline.com is used by over a million professionals worldwide and is now regarded as one of the most popular destinations for governance, risk, compliance (GRC) and quality on the web. The community-driven portal is the trusted source for training, information, best practices, tools and products on regulatory compliance, industry standards, and quality principles. It offers a variety of channels for dissemination and exchange of information through alerts, vertical search, discussion forums and best practices library services.

A key innovation brought about by ComplianceOnline.com is its “open-source” training platform used by expert trainers and compliance specialists from around the world to provide online training. "Compliance issues are very dynamic with a spate of regulations, policies, and standards emerging every day,” said Gaurav Kapoor, General Manager and CFO of MetricStream. “Governance, Risk, Compliance and Quality issues are very interpretative. Professionals are looking for opinions from and discussions with experts, regulators and their peer community on how to address new regulations and implement best practices. ComplianceOnline.com enables professionals to be highly effective by providing easy access to online training programs, best practices and other tools created by the expert community and through user participation".

Nicknamed the Stevie from the Greek word “crowned”, the awards will be presented at a gala dinner ceremony on Monday, September 10 at the Munich Marriott Hotel in Munich, Germany. Hailed as “the business world's own Oscars”, the Stevie Award are conferred to honor companies of all types and sizes for outstanding performance. Other notable award winners this year include DaimlerChrysler, Novartis, Vodafone, Hewlett-Packard, and Stratcom, Dow Jones, Ernst & Young and Cognos.

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, Tyco Healthcare, 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.