LIVEOFFICE'S ADVISORMAIL SHOWS STRONG GROWTH
March 16, 2004
TORRANCE, Calif., March 16, 2004 - LiveOffice Corporation (www.liveoffice.com), the leading provider of web sites, compliance systems and
collaborative applications, today announced projected first quarter results that will show exceptional growth of its AdvisorMail
(www.advisormail.net) product, the leading email and instant message (IM) compliance, monitoring and archiving solution for financial
services organizations nationwide.
In the first quarter, LiveOffice will increase its AdvisorMail revenues by more than 40% primarily driven by new contracts with four of the
nation's largest financial services organizations. LiveOffice expects to see continued growth of AdvisorMail throughout the remainder of
the year as regulators increase their pressure on financial organizations to implement email and IM compliance solutions. In addition, two
significant reseller greements completed during the first quarter will also contribute to continued AdvisorMail growth during 2004.
"Today, LiveOffice's compliance applications are resident in over 300 different financial services organizations. As a result, we have
been able to leverage this longstanding reputation for delivering effective and affordable compliance solutions to quickly grow the
AdvisorMail product line," said Steve Uhring, vice president of sales and marketing for LiveOffice Corp. "Our AdvisorMail implementation
program is attractive to top firms because it minimizes disruption to their day-to-day business activities, while enabling them to
become fully compliant in just days."
"As a newly registered firm with the NASD, we wanted a system as robust as the largest financial services organizations. AdvisorMail
provided us with that solution at a price that easily fit within our budget. And best of all, we were up and running in a couple of
days," said Desi Co, president of San Francisco-based Presidio Partners.
AdvisorMail, designed specifically for financial services organizations, leads the way in compliance systems for email and instant
message communications with rich features and benefits that include:
- Monitoring and archiving of all incoming and outgoing email and instant message communications
- Total fulfillment of SEC/NASD/NYSE requirements for email surveillance, archival and retrieval
- Support for multiple email domains and configurations
- Built-in compliance lexicon of relevant words and phrases
- Integrated security and spam protection
- No capital investment in hardware, software or connectivity
"With financial services organizations facing increased pressure to implement an electronic supervisory system and avoid hefty fines, more and more compliance and IT professionals are finding that AdvisorMail is the most flexible solution available," said Ann Davis, director of business development for LiveOffice Corp. "AdvisorMail's rich features and unsurpassed scalability make it the most cost effective way for firms with 5 or 5,000 representatives to rapidly meet their compliance requirements for electronic communications."
About LiveOffice
LiveOffice LLC is a leading provider of email archiving, instant message archiving, anti-spam, antivirus, compliance, and eDiscovery solutions for businesses.
The company’s Managed Messaging Services ensure the integrity of emails and instant messages (IMs), simplify the discovery process, and help companies protect
themselves against the risk and expense of lost or misplaced electronic messages. LiveOffice also helps organizations comply with statutory, regulatory,
legal and industry-specific mandates.
Founded in 1998, LiveOffice serves a premier roster of clients including Fortune 500 companies and processes and protects millions of messages each day. For more
information, visit www.liveoffice.com.