LIVEOFFICE NAMES EMAIL ARCHIVING VETERAN NICK MEHTA AS CEO
May 15, 2008
TORRANCE, Calif., May 15, 2008 LiveOffice, the leading provider of managed email archiving, compliance, security and Exchange hosting solutions,
today announced the appointment of Nick Mehta as CEO. Mehta, who joined the LiveOffice board in January 2008, succeeds company Cofounder Alexander
Rusich as CEO. Rusich will continue as chairman of the board and assume the new role of chief visionary officer (CVO), overseeing the company's
long-term strategy and technology development. LiveOffice Cofounder Matt Smith remains as president and chief operating officer (COO).
"Given his wealth of experience, we are thrilled to have Nick join the executive team and are confident that he will play a pivotal role in
LiveOffice's expansion into new markets," said Rusich. "Nick's extraordinary energy, keen understanding of the messaging industry and commitment
to continuing the company's strong operating performance are all highly critical to our long-term success."
For the better part of the last decade Mehta built his reputation in the email and messaging space, holding senior operating roles for public and
private companies in the enterprise and consumer technology markets. He spent more than five years at Symantec Corporation (NASDAQ: SYMC) and Veritas
Software Corporation (acquired by Symantec in 2005), where he served as vice president and general manager of the Enterprise Vault (formerly KVS)
information archiving and discovery software business from its acquisition in 2004 until 2007. During this time, the business grew from $23 million
in annual sales to over $200 million and received recognition from ESG, Gartner, Forrester, IDC and Radicati as being the leading product in the
"on-premise" email archiving market.
"LiveOffice provided me with a tremendous opportunity to join a fast growing and profitable software-as-a-service (SaaS) company in the messaging
industry that I'm so passionate about," said Mehta. "I appreciate the capital cost and complexity inherent in even the best of onsite solutions,
particularly for organizations with limited IT resources. I am a big believer that the SaaS model will become prevalent in messaging, as we have
seen in other software categories."
According to Enterprise Strategy Group (ESG) research, organizations will archive more than 8,000 petabytes of email data between now and 2010.
"This capacity is phenomenal, especially given that email archive solutions are only used by 35% of organizations," said ESG Senior Analyst
Brian Babineau. "This indicates to me that the market is ripe for innovative archiving solutions, especially for small to midsize enterprises
that need a managed services approach to reap the benefits of lower storage costs, improved compliance processes and enhanced litigation
readiness. This is where a company like LiveOffice comes into play, because they are well positioned to deliver the value of email archiving
without requiring IT departments to buy, install, configure and maintain on-premise software solutions." Babineau added, "Given his success
in the on-premise archiving market, Nick's decision to join LiveOffice validates that there is a huge opportunity for managed service providers."
Prior to his role as general manager of Symantec's Enterprise Vault, Mehta held other positions leading product management for all email-related
businesses at Symantec and previously for CommandCentral, a suite of storage management solutions. Prior to Veritas, he ran product management
at XDegrees, a venture-funded storage software startup that was acquired by Microsoft. He holds a Bachelor's degree in Biochemical Sciences
and a Master's degree in Computer Science from Harvard University.
Visit Mehta's blog on the email and messaging industry at http://blog.liveoffice.com.
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.


