TORRANCE, Calif., April 29, 2003 - LiveOffice, a leading provider of web-based products for financial services professionals nationwide, is joining forces with financial services firms across the country to help prepare them for the SEC's new Books & Records rules pertaining to the archival of email communications that go into effect on May 2, 2003.

Unlike other email retention systems, LiveOffice's AdvisorMail is designed specifically for the financial services industry and enables compliance departments to electronically monitor, retain and archive thousands of emails in a single and secure location. Ensuring that these firms meet the regulatory requirements of SEC Rules 17a-3, 17a-4 and NASD rule 3010(d), AdvisorMail monitors all email communications, including attachments, and allows for easy retrieval of specific emails during audits, investigations or litigation. Since it is a web-based technology, AdvisorMail requires no upfront investment in hardware, software or connectivity, greatly reducing costs and implementation time.

AdvisorMail's key capabilities, include:

• Fulfills all SEC/NASD/NYSE requirements for email surveillance, archival and retrieval
• Requires no capital investment in hardware, software or connectivity
• Supports multiple email domains and configurations
• Monitors and archives all incoming and outgoing email communications
• Expedites setup with eSupervisor, LiveOffice's proprietary word and phrase lexicon
• Enables simple and fast online retrieval of any email

"In hosting more than 30,000 email accounts for financial professionals nationwide, we understand the critical role email plays in client communications," said Ann Davis, director of business development for LiveOffice. "To that end, AdvisorMail helps busy and cost-conscious compliance departments meet stringent regulatory requirements without disrupting advisors' workflow," said Davis.

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.