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TORRANCE, Calif. and LAKEVILLE, Conn., July 6, 2004 - LiveOffice Corporation (www.liveoffice.com), the leading provider of web sites, compliance systems and collaborative applications, and National Regulatory Services (NRS, www.nrs-inc.com), a division of Thomson Media, and the top, national compliance consulting firm today announced a comprehensive package of technology and consulting services to assist investment advisory firms in meeting the SEC regulatory compliance requirements surrounding email and instant message (IM) communications.

LiveOffice now offers AdvisorMail Lite, a version of its popular AdvisorMail email and IM compliance system that has been designed specifically for investment advisory firms with 15 or less employees. AdvisorMail Lite is packaged and priced to help investment advisors quickly meet SEC regulatory requirements for email and IM compliance. As part of this package, firms purchasing AdvisorMail Lite will also receive one hour of compliance consulting services from NRS’ investment advisory experts. During this consulting session, firms will receive assistance in meeting all the new SEC requirements for email and IM monitoring, storage and retrieval.

“We have talked to many investment advisory firms over the last couple of months and it is clear that these organizations are in desperate need of an affordable solution for email and IM monitoring and archiving,” said Ann Davis, director of business development for LiveOffice Corp. “Our new AdvisorMail Lite offering coupled with the consulting services of NRS provides investment advisory firms with a truly comprehensive compliance solution.”

“We have talked to many investment advisory firms over the last couple of months and it is clear that these organizations are in desperate need of an affordable solution for email and IM monitoring and archiving,” said Ann Davis, director of business development for LiveOffice Corp. “Our new AdvisorMail Lite offering coupled with the consulting services of NRS provides investment advisory firms with a truly comprehensive compliance solution.”

AdvisorMail Lite enables investment advisory firms to:

• Achieve full SEC compliance in a week
• Seamlessly monitor 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

“The new and upcoming regulations are putting a tremendous compliance burden on small investment advisory firms,” said Bill Cavell, director, Investment Adviser Services for NRS. “Our role is to help financial services professionals navigate the complicated regulatory landscape and determine strategies that can help these firms reduce unwanted attention from the SEC. Teaming with LiveOffice enables us to offer an unmatched package of compliance technology and consulting services to these firms.”

Pricing & Availability
AdvisorMail Lite will enable investment advisory firms with up to 15 employees to incorporate email and instant message archiving and storage into their organizations for approximately $2,500 per year. In addition, users of AdvisorMail Lite are eligible for a 45-day free trial of LiveOffice’s IMConferencing, a compliance-friendly web, audio and video conferencing solution.

AdvisorMail Lite also is available at a discount through Fidelity Investments?’s PracticeAdvantage, a comprehensive network of practice management and businessbuilding resources for advisors.