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LIVEOFFICE ADDS ENHANCEMENTS TO MESSAGE ARCHIVING SYSTEM


TORRANCE, Calif. March 20, 2006 - In line with its aggressive 2006 product enhancement strategy, LiveOffice's (www.liveoffice.com) AdvisorMail (www.advisormail.net) division today announced the release of new application functionality designed to increase the effectiveness of firms' compliance policies and procedures, improve internal workflow and reduce auditor review time of emails, email attachments and instant messages.

The new enhancements include:
  • Real-time Random Sampling - In addition to AdvisorMail's existing pre- and post-review capabilities, compliance personnel reviewing messages can use this feature to set user-definable percentages for random sample selection criteria. This new technology complements AdvisorMail's current set of tools for identifying compliance issues within a firm and offers expanded options for viewing, managing nd storing messages extracted during searches.
  • Attorney-Client Privilege Communications - As an extension to AdvisorMail's existing attorney-client privilege functionality, this new feature enables compliance personnel and administrators to specify email addresses that should be automatically stored in the system's Attorney-Client Privilege folder. All messages archived in this folder are protected from review by an outside auditor or opposing legal counsel.
  • Restricted Auditor Accounts - Designed specifically for organizations with a tiered review configuration, such as independent broker-dealers, this functionality allows firms to create specific rules that ensure compliance personnel review only the messages that are specifically assigned to them.

"The release of these latest enhancements illustrates our ongoing commitment to providing our clients with the most comprehensive hosted solution for the compliant handling of message data," said Mary Cilva, AdvisorMail product manager for LiveOffice. "From monitoring to archiving and retrieval, AdvisorMail's holistic approach to message management has helped it to become the message archiving solution of choice among hundreds of financial services firms."

With over 150,000 email addresses, AdvisorMail is one of the leading hosted message archiving solutions available today and offers a comprehensive system for helping firms meet stringent internal and regulatory compliance requirements. From implementation to message management, archiving and administration, AdvisorMail offers a total solution for meeting firms' message archiving needs.

SIA Compliance & Legal Conference
LiveOffice is demonstrating AdvisorMail's latest enhancements at the SIA Compliance & Legal conference taking place at the Westin Diplomat in Hollywood, Florida today through Wednesday.
LiveOffice’s AdvisorMail provides industry-leading email archiving, instant message archiving, anti-spam, antivirus, compliance and eDiscovery solutions to financial services firms of all sizes. These services ensure the integrity of emails and 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 (SEC, NASD), legal and industry-specific mandates. Founded in 1998, the company serves a premier roster of clients including Fortune 500 companies, processes and protects millions of messages each day, and has a customer retention rate of over 98%. For more information, contact 1.800.251.3863 or visit www.advisormail.net.