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LiveOffice Recognized by Leading Industry Analyst Firm in “Outsourcing Email Archiving: 2009 Update”
Company Also Announces Record Quarterly Revenue and New Client Acquisitions
TORRANCE, Calif., May 20, 2009 – LiveOffice, a leading provider of software-as-a-service (SaaS), email hosting, email archiving and email continuity solutions today announced that analyst firm Gartner, Inc. has recognized the company as the largest provider of outsourced email archiving services in North America based on total number of clients as of Dec. 31, 2008.1
According to this recent report from Gartner, “Demand for e-mail active archiving products and services continues to escalate, as pure financial industry compliance considerations are being replaced by the broader market requirements for message retention, mail server management and legal discovery support.” The report also states that, “Most organizations should be doing some kind of e-mail archiving. Organizations must implement in-house or outsource an e-mail archive that can be immediately useful for legal discovery, supervisory requirements and retention compliance.”
In addition, LiveOffice today also announced strong first quarter results, with its best quarter ever in terms of revenue and number of new clients. CEO Nick Mehta noted, “Our record quarterly results demonstrate the growing interest in cloud-based email archiving services from customers large and small across all industries. We are extremely proud to be named the largest provider in the North American outsourced email archiving space by such a highly respected analyst firm. We believe our success is a result of the trust our more than 8,500 clients have put in us and the commitment we have to exceeding their expectations.”
1Gartner, Inc. “Outsourcing E-Mail Archiving:2Q09 Update ” by Adam W. Couture, April 27, 2009.
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.