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TORRANCE, Calif. March 20, 2006 In line with its aggressive 2006 product enhancement strategy, LiveOffice Corporation’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 Corp. “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.

TORRANCE, Calif. March 14, 2006 LiveOffice Corporation’s (www.liveoffice.com) AdvisorMail (www.advisormail.net) division today announced that its hosted message archiving and compliance solution has helped financial services organizations successfully pass more than 1,000 audits. Whether based on requests from examiners at regulatory bodies, including the Securities and Exchange Commission (SEC) as well as the National Association of Securities Dealers (NASD), or for internal policy audits, AdvisorMail has helped hundreds of companies ensure that their message data is securely monitored, archived and easily retrievable.

“It is no secret that regulatory audits are often exhausting for financial services organizations, but our experience in helping companies to pass 1,000 audits in the last 5 years, clearly indicates that the better prepared an organization is, the smoother the audit will go,” said Mary Cilva, AdvisorMail product manager for LiveOffice Corp. “Each function of AdvisorMail is purposefully designed to make the process of monitoring, archiving and retrieving message data as easy as possible for compliance and IT professionals, whether they are part of a large broker-dealer, a registered investment advisory firm or a hedge fund.”

Clients that have undergone audits identified several AdvisorMail search and retrieval capabilities as important in helping them produce the data needed to comply with requests from internal auditors and regulators. The organizations surveyed appreciate AdvisorMail’s ability to:

• Quickly conduct searches and review results online Auditors and internal compliance personnel cited the excellent usability of AdvisorMail’s online user interface in helping them to conduct advanced searches using a variety of criterion and then having the ability to review the search results online at any time.
• Conveniently download message data directly from an in-house, desktop PC to a non-rewritable DVD In the case of requests from auditors for small to medium-sized data samples, compliance officers in the midst of an audit appreciate being able to search, zip and download data directly to their desktop PC. Once the messages are downloaded, they are able to quickly copy them to a non-rewritable DVD that can be given or sent to the individual requesting to view archived message data.
• Reducing IT department workload by offloading large data requests to LiveOfficeWhen asked to conduct large and complex downloads of message data, organizations cited the benefits of forwarding these requests on to LiveOffice for processing versus having to satisfy the request in-house. In the case of large data requests, AdvisorMail users simply submit a search and extract request to LiveOffice and receive the extracted data on DVD within 48 hours or 2 business days of the request.
• Minimizing compliance department workload by providing auditors with read-only access to select messages Many compliance officers cited the advantages of providing internal auditors or regulators with read-only, web access to review messages, instead of downloading the messages to non-rewritable DVDs.

Increase in Boolean Search Requests
Based on data logged by LiveOffice over the previous 5 years, regulators have typically asked to see email messages sent to and from a specific email address over a stated data range. However, in the last year, LiveOffice has seen an increase in the number of regulators requesting that an organization conduct Boolean searches of their archived message data. In this type of search a regulator may ask a compliance department to produce all email messages sent between a specific date range that contain a word such as “guarantee” within at least 5 words of the word “money.”

AdvisorMail’s ability to quickly conduct simple and complex searches on volumes of emails, email attachments and instant message transcripts has helped to make it one of the leading hosted message archiving solutions available today. Firms of all sizes benefit from the system’s ability to cost effectively help 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 will demonstrate AdvisorMail’s latest enhancements at the SIA Compliance & Legal conference taking place at the Westin Diplomat in Hollywood, Florida beginning March 19th through March 22nd.

TORRANCE, Calif., March 14, 2006 LiveOffice Corp.’s (www.liveoffice.com) AdvisorSquare division, the nation’s #1 provider of financial advisor websites, today announced the results of a recently conducted research study that focused on the website navigation patterns of financial advisory clients and prospects in the United States.

The results of the study reveal that financial advisors who post and promote photos of themselves with clients at events or in the community to their website attract twice as much site traffic as financial advisory practices that do not post such photos. During the study, the sites that received the greatest volume of traffic posted photos of financial advisors and their clients at events, whether they were related directly to the advisor’s practice, family life or to general, school and community events.

“While it is true that many consumers visit a financial advisor’s website to obtain investment and market data, it is clear from the results of this research study that they are also looking for ways to connect on a more personal level with their advisor,” said Michele McGarry, director of business development for LiveOffice’s AdvisorSquare division. “The bottom line is that advisors who take the time to post and promote photos of themselves with clients and in the community stand to establish stronger, long-term relationships. It is these types of relationships that often lead to more referrals and increased business for a financial advisor.”

Of the sites polled, the volume of traffic an advisor received to their site over a 4-week period had a direct correlation with how aggressively the advisor marketed their website to clients and prospects. Advisors that designed marketing campaigns around photos from a client event and informed visitors that pictures had been posted to their site via a direct mail or email campaign experienced the greatest volume of site traffic.

This increased volume of traffic may be explained by the “viral” aspect of email marketing campaigns. When a financial advisor emails a website link to clients and prospects and lets them know that pictures from a recent event are available, it is likely that the recipient will forward the email to a few friends or family members, transforming the email and therefore, the advisor’s website into a referral machine. The study found that advisors who update and promote their photos on a quarterly basis receive the largest level of website traffic and the most referrals.

Since 1998, AdvisorSquare has helped tens of thousands of financial advisors build a presence on the Internet for their practice. The company conducts constant research on specific website usage and marketing trends in the financial services industry to ensure that it is providing its clients with the most current and effective information. Research results are available to AdvisorSquare clients through AdvisorSquare University and the popular, members-only GetHits website marketing newsletter.