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TORRANCE, Calif., April 29, 2003 - LiveOffice Corporation, 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 Corp. “To that end, AdvisorMail helps busy and cost-conscious compliance departments meet stringent regulatory requirements without disrupting advisors’ workflow,” said Davis.