Synta Pharmaceuticals Selects MetricStream for Quality Management System

Market Wire, December, 2007

MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions today announced that Synta Pharmaceuticals Corp., a biopharmaceutical company focused on discovering, developing and commercializing small molecule drugs that address severe medical conditions, including cancer and chronic inflammatory diseases, has selected MetricStream to streamline their training and document control processes.

Effective procedures and content management for training and control documents is vital for pharmaceutical companies following FDA cGMP regulations and guidelines. Automation of these key business processes on an integrated compliance platform will enable Synta to improve operational efficiencies, lower the cost of regulatory compliance and create a transparent environment for managing critical records, information and data. The system will be compliant with FDA 21 CFR Part 11 requirements for electronic records and information systems.

According to Rob Michael, Senior Director of IT, Synta Pharmaceuticals sought an enterprise software solution to streamline and automate their training and document management processes. After a detailed evaluation of various solutions in the market, MetricStream was selected by Synta Pharmaceuticals based on MetricStream's next-generation technology and the capability of MetricStream's platform to provide a long-term foundation for quality, regulatory and compliance management processes.

"We look forward to working closely with Synta Pharmaceuticals over the next few months through their deployment and validation of our solution," said Carl McCauley, Vice President of Sales at MetricStream. "MetricStream continues to be the preferred choice for Life Sciences companies looking to deploy quality and regulatory compliance management solutions."

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, 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 .

Media contact: pr@metricstream.com