Leading Email Archiving Provider LiveOffice Reports Record Revenue in First Quarter

Rapidly Growing Partner Channel and LiveOffice Personal Archive Usage Spark Continued Growth

TORRANCE, Calif., April 27, 2010 – LiveOffice, the number-one provider of software-as-a-service (SaaS) email archiving, email compliance and email continuity solutions, today reported another consecutive quarter of record company revenue that was driven by the explosive growth of LiveOffice Personal Archive. With an annual growth rate of 207 percent in the first quarter of 2010, LiveOffice Personal Archive meets customers’ increasing desire to use their email archive not only for e-discovery and compliance purposes, but also to allow end users to quickly search for and restore email with LiveOffice’s unlimited mailbox.

“Forty percent of message archiving stakeholders plan to rollout or expand solutions in 2010,” according to a recent independent research report by Forrester Research, Inc. “Message archiving buyers have reported low satisfaction with their current deployments and, as a result, many plan to ramp up adoption to help meet regulatory and legal risk mitigation objectives. In addition, our data shows the buyers expect to increasingly deploy SaaS/hosted models in 2010.”1

LiveOffice Vice President of Sales and Business Development Jim O’Hara concurs: “Companies have historically looked to archiving solutions to meet their e-discovery and compliance needs. Today, the need to provide end users with seamless archive access is becoming more apparent and is drastically accelerating the adoption of LiveOffice Personal Archive. Without requiring a desktop plugin, Personal Archive provides deep integration with Microsoft Outlook, Microsoft Outlook Web Access, Lotus Notes and BlackBerry devices – all with a pricing model based on unlimited storage and retention.”

First quarter highlights include:

• Expanding Partner Program: The LiveOffice Partner Program, which accounted for 45 percent of the company’s new first-quarter revenue, unites LiveOffice with cloud-based email providers, managed service providers (MSPs), value-added resellers (VARs) and system integrators (SIs). The program provides these organizations with feature-rich technology and the sales and marketing support needed to become successful resellers of hosted archiving solutions.
• LiveOffice Social Archive: Social Archive is the first social media archiving solution to capture and retain content from any public website, including popular social networks, such as LinkedIn and Facebook, as well as blogs.
• LiveOffice SharePoint Archive: The first-of-its-kind to be powered by the cloud, SharePoint Archive is the only SharePoint archiving solution designed to facilitate comprehensive legal discovery searches of SharePoint files. It also allows end users to quickly search and retrieve files directly from their email clients – all for a flat monthly price that includes unlimited storage and retention.
• New LiveOffice AdvisorMail: LiveOffice announced the availability of the newest release of its flagship archiving and email compliance solution for financial services companies, AdvisorMail. Built using the most current Web 2.0 technologies, this upgrade features an entirely new user interface that helps firms quickly and efficiently review email with an improved workflow designed specifically for the busiest of compliance departments. The application’s new faster-than-Gmail speed drastically reduces the time it takes to review emails, attachments, IMs, Bloomberg and Reuters messages as well as social media content.
• Cloud Security Alliance Membership: LiveOffice joined fellow industry leaders Microsoft, Rackspace, Symantec, VMware, Cisco and Iron Mountain to help promote and build on the best practices for providing security within cloud computing.
• Expanded Cloud Email Support: LiveOffice announced continued support for Zimbra following the VMware acquisition. Now, LiveOffice archiving solutions can connect all VMware Zimbra implementations – whether they are virtualized or physical – to LiveOffice’s secure cloud.

“For many of our clients, the need to archive email has become an urgent concern for 2010,” said Jeff Cornejo, managing partner for Blue Ridge InternetWorks. “We are receiving more requests than ever before to help clients address these concerns. With LiveOffice email archiving solutions, our clients are equipped with the tools necessary to effectively satisfy their mailbox management, legal discovery and compliance requirements.”

1 “Regulatory and E-Discovery Demands Drive a Growing Message Archiving Market,” Forrester Research, Inc., March, 2010.

About LiveOffice

LiveOffice is the number-one provider of software-as-a-service email archiving, email compliance and email continuity solutions, with more than 10,000 clients and a 97-percent client-retention rate. Founded in 1998 and backed by leading private-equity firm Summit Partners, the company has more than 150 employees with deep experience in messaging, including executives and board members from Symantec, Microsoft, FrontBridge and Postini. For more information, call 800.374.2032 or visit www.liveoffice.com. Visit the LiveOffice Blog at http://blog.liveoffice.com or follow us on Twitter at http://www.twitter.com/liveoffice.

LiveOffice and its logo are trademarks of LiveOffice LLC. All other company names and products may be trademarks of their respective companies.