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VeriSign Selects MetricStream GRC Solution for Sarbanes-Oxley Compliance
Solution to Serve as the Company-Wide Internal Controls Platform for Regulatory Reporting and Compliance
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PALO ALTO, CA -- (Marketwire) -- 11/18/08 -- MetricStream, Inc., the market leader inenterprise-wide Governance, Risk, Compliance (GRC) and Quality Managementsolutions, today announced that VeriSign, Inc. has selected theMetricStream solution for its Sarbanes-Oxley (SOx) compliance initiative.VeriSign is the leading provider of Internet infrastructure for thenetworked world.
The MetricStream solution will serve as an enterprise-wide internalcontrols platform within VeriSign for financial and non-financial controls.It will enable VeriSign to automate the ongoing testing and review of itsinternal controls documentation lowering costs associated with complyingwith Section 404 of SOx. The solution will also ensure the effectiveimplementation of best practices frameworks for internal auditing and riskmanagement programs.
"We are pleased that VeriSign has selected us and we look forward toworking closely with them to make this implementation a success," saidShellye Archambeau, CEO of MetricStream. "With a multitude of regulationsto comply with, companies today are seeking an integrated technologyplatform for multi-regulatory compliance to bring down the cost ofcompliance and reduce the risk of noncompliance. We are pleased to addVeriSign to our growing portfolio of customers looking to streamline theirGRC initiatives."
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,Philips, NASDAQ, Sandisk, BP, Entergy, Subway, Fairchild Semiconductor,Hitachi and TaylorMade-Adidas Golf in diverse industries such asPharmaceuticals, Medical Devices, Automotive, Food, High TechManufacturing, Energy and Financial Services to manage their qualityprocesses, regulatory and industry-mandated compliance and corporategovernance initiatives, as well as by over a million complianceprofessionals worldwide via the www.complianceonline.com portal.MetricStream is headquartered in Palo Alto, California, and can be reachedat www.metricstream.com.
Media contact:MetricStream, Inc.pr@metricstream.com
"We are pleased that VeriSign has selected us and we look forward toworking closely with them to make this implementation a success," saidShellye Archambeau, CEO of MetricStream. "With a multitude of regulationsto comply with, companies today are seeking an integrated technologyplatform for multi-regulatory compliance to bring down the cost ofcompliance and reduce the risk of noncompliance. We are pleased to addVeriSign to our growing portfolio of customers looking to streamline theirGRC initiatives."
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,Philips, NASDAQ, Sandisk, BP, Entergy, Subway, Fairchild Semiconductor,Hitachi and TaylorMade-Adidas Golf in diverse industries such asPharmaceuticals, Medical Devices, Automotive, Food, High TechManufacturing, Energy and Financial Services to manage their qualityprocesses, regulatory and industry-mandated compliance and corporategovernance initiatives, as well as by over a million complianceprofessionals worldwide via the www.complianceonline.com portal.MetricStream is headquartered in Palo Alto, California, and can be reachedat www.metricstream.com.
Media contact:MetricStream, Inc.pr@metricstream.com
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