US based TPG Capital Selects Bangalore based MetricStream to Boost its Internal Controls and Compliance

Bangalore, 14th July, 2010: Bangalore based MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions has announced that Texas, US-based TPG Capital, a leading private investment firm, has selected the MetricStream GRC platform and solution for internal controls, compliance and risk management. Implementing MetricStream will provide TPG with a well-structured internal control system to support corporate governance by systematically monitoring and enhancing the efficiency and effectiveness of operational processes, financial reporting, business risks and compliance. Gaurav Kapoor, CFO and General Manager at MetricStream, said, “We are immensely pleased to have TPG Capital as a customer in the private investment space. The financial services sector is going through major reforms for strengthening governance to ensuring operational efficiency and integrity. MetricStream GRC solutions play a critical role in simplifying compliance with the regulations, reducing business risk while improving business performance.” 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, UBS, SanDisk, BP, 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 www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California. For more details on MetricStream please visit www.metricstream.com.