We show how supersymmetric QCD in a slice of AdS can naturally acquire
metastable vacua. The formulation closely follows that of Intriligator, Seiberg
and Shih (ISS), with an "electric" sector on the UV brane and a "magnetic"
sector on the IR brane. However the 't Hooft anomaly matching that constrains
the Seiberg duality central to ISS is replaced by anomaly inflow and
cancellation, and the source of strong coupling is the CFT to which the theory
couples rather than the gauge groups. The theory contains an anomaly free
R-symmetry that, when broken by UV effects, leads to an O'Raifeartaigh model on
the IR brane. In contrast to ISS, the R-symmetry breaking in the UV can be
maximal, and yet the R-symmetry breaking in the IR theory remains under strict
control: there is no need for retrofitting of small parameters.Comment: 20 pages, 2 figure