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TORRANCE, Calif., November 3, 2004 - LiveOffice Corporation (www.liveoffice.com), the developer of the AdvisorMail (www.advisormail.net) product line*, today announced the availability of AdvisorMail HF, designed to help hedge funds meet new SEC regulations surrounding the proper monitoring, archiving and retrieval of email and instant message (IM) communications.

AdvisorMail HF, an extension of the AdvisorMail product line, is specifically designed for hedge funds needing a fast and easy automated solution for monitoring, archiving and retrieving emails and IMs in accordance with SEC Rule 203(b)(3)-2. This new Rule requires many hedge funds to register with the SEC under the Investment Advisers Act of 1940 and includes strict regulations on the handling of electronic communications such as email and IM.

“The rapid adoption of AdvisorMail has proven that email and instant message compliance doesn’t have to be a budget buster for financial services firms,” said Steve Uhring, vice president of sales and marketing for LiveOffice Corp. “With AdvisorMail HF, we can now deliver the same rapid implementation and cost effective solution that has worked so well for broker-dealers and investment advisory firms to hedge funds.”

Currently in use at a range of financial services firms, from large, enterprise-size independent broker-dealers to investment advisory firms with one employee, AdvisorMail enables organizations of all sizes to electronically monitor, retain and archive thousands of emails, attachments and IMs in a secure location. Ensuring that firms meet all SEC, NASD and NYSE requirements, AdvisorMail, AdvisorMail Lite and AdvisorMail HF allow for the fast retrieval of these communications during audits, investigations or litigation. The AdvisorMail suite is also the only outsourced compliance product that can accommodate most existing email addresses or configurations, minimizing implementation disruptions to organizations’ daily business activities and operations.

AdvisorMail HF enables hedge funds to:

• Achieve full SEC compliance in a week
• Seamlessly capture all inbound and outbound emails, attachments and IMs in a secure environment
• Eliminate costly upfront investments in hardware, software or IT personnel
• Review emails and IMs on-demand and search by a number of criterion, including key word text, sender, recipient and date
• Select from LiveOffice’s variety of email hosting options with limited impact to current email configurations
• Store emails online for rapid and compliant retrieval

Pricing and Availability
AdvisorMail HF enables hedge funds with up to 15 email addresses to incorporate email and instant message archiving and storage into their organizations for approximately $2,500 per year. In addition, users of AdvisorMail HF are eligible for a 45-day free trial of LiveOffice’s IMConferencing, a compliance-friendly web, audio and video conferencing solution.