SOX News

VeriSign Selects MetricStream GRC Solution for Sarbanes-Oxley Compliance

(Nov 20, 2008)-- MetricStream, the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, announced that VeriSign, Inc. has selected the MetricStream solution for its Sarbanes-Oxley (SOx) compliance initiative. VeriSign is the leading provider of Internet infrastructure for the networked world.

The MetricStream solution will serve as an enterprise-wide internal controls platform within VeriSign for financial and non-financial controls. It will enable VeriSign to automate the ongoing testing and review of its internal controls documentation lowering costs associated with complying with Section 404 of SOx. The solution will also ensure the effective implementation of best practices frameworks for internal auditing and risk management programs.

"We are pleased that VeriSign has selected us and we look forward to working closely with them to make this implementation a success," said Shellye Archambeau, CEO of MetricStream. "With a multitude of regulations to comply with, companies today are seeking an integrated technology platform for multi-regulatory compliance to bring down the cost of compliance and reduce the risk of noncompliance. We are pleased to add VeriSign to our growing portfolio of customers looking to streamline their GRC initiatives."

For more information, www.metricstream.com.

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