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03Dec

LiveOffice Named One of Fastest Growing Private Companies in Los Angeles

Posted by Exchange Hosting Reviews as LiveOffice, Press Releases

TORRANCE, Calif., December 3, 2008 — LiveOffice, a leading provider of software-as-a-service (SaaS), email hosting,email archiving and email continuity solutions, has earned a spot on the Los Angeles Business Journal’s list of 100 Fastest Growing Private Companies. The company’s No. 58 ranking reflects increasing market demand for SaaS email archiving, compliance and e-discovery solutions, which is further illustrated by its noteworthy 284-percent growth over the past five years.

“We’re thrilled by this honor, especially given that it focuses on businesses in our hometown,” said Nick Mehta, LiveOffice CEO. “We couldn’t be more proud of what we’ve achieved to date and hope our aggressive growth strategy moves us to the top of the list in the next few years. This award presents us with the opportunity to publicly thank our clients for their continued loyalty and our employees for their incredible dedication.”

After surveying more than 1,000 privately held companies in Los Angeles County, the editors of the Los Angeles Business Journal ranked companies according to their percentage of revenue growth between 2005 and 2007. In order to qualify for the list, companies must be headquartered in Los Angeles County and have revenues of at least $5 million in 2007.

This year, LiveOffice also earned a spot on the Inc. 5000 as one of its Top 100 Businesses in the Los Angeles region, in addition to garnering recognition in the Deloitte Technology Fast 500 and Socha-Gelbmann Electronic Discovery Survey.

About LiveOffice

LiveOffice is a leading provider of software-as-a-service email archiving and Hosted Exchange 2007 solutions, with more than 8,500 clients and a 99-percent client-retention rate. Founded in 1998 and backed by leading private-equity firm Summit Partners, the company has more than 100 employees with deep experience in messaging, including executives and board members from Symantec, Microsoft, FrontBridge and Postini. For more information, call 800.374.2032 or visit www.liveoffice.com. Visit the LiveOffice Blog at http://blog.liveoffice.com.

LiveOffice and its logo are trademarks of LiveOffice LLC. All other company names and products may be trademarks of their respective companies.

About Los Angeles Business Journal

Each week, the award-winning Los Angeles Business Journal examines the many ways that the L.A. economy operates. Together with the economic news, demographics and lifestyle profiles, the Los Angeles Business Journal is presented in an accessible format. First-rate editorial and research teams provide in-depth analyses of the community’s ever-changing business and economic scene.

Regular departments include Up Front, highlighting stories of importance featuring Los Angeles businesses and their decision-makers; Media & Technology, focusing on up-to-the-minute changes and innovations in the businesses that serve these fields; Small Business, profiling those smaller businesses moving into the fore; and Investment and Finance, where L.A.’s many public companies are profiled and analyzed.

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