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| October 14, 2003 | |
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Enhanced Solution Gives Financial Services Organizations Alternative to Costly In-House IM Monitoring and Storage Systems TORRANCE, Calif., October 14, 2003 — LiveOffice Corporation (www.liveoffice.com), a leading provider of web-based products for financial services organizations nationwide, announced today that it has partnered with FaceTime Communications (www.facetime.com) to provide AdvisorMail users with access to webbased, cross-platform instant message (IM) monitoring and archiving capabilities. Designed specifically for financial services organizations, LiveOffice’s AdvisorMail solution monitors and stores emails and IMs according to the regulatory guidelines set forth by the Securities and Exchange Commission (SEC), National Association of Securities Dealers (NASD) and the New York Stock Exchange (NYSE). Integrating FaceTime’s IM Auditor product into the AdvisorMail system enables LiveOffice to provide financial services organizations with a hosted version of FaceTime’s leading IM regulatory compliance solution. These capabilities will provide compliance officers with the ultimate flexibility, allowing them to monitor and archive chat transcripts from any IM client, including Yahoo, MSN and AOL. The AdvisorMail system scans IM transcripts against an industry-specific lexicon of compliance-controlled words and phrases to detect the use of any questionable language and flags suspicious transcripts for further review by a compliance officer. To ensure that organizations are properly prepared for audits, AdvisorMail’s proprietary filtering system archives all communications and simplifies future retrieval. “Wall Street’s rapid adoption of instant messaging coupled with new regulations have forced the financial services community to quickly integrate electronic monitoring and storage capabilities into their existing systems and policies,” said Ann Davis, director of business development for LiveOffice Corp. “Incorporating FaceTime’s IM Auditor into our web-based AdivsorMail system gives busy compliance and IT professionals the features they need at a price that fits their budget and meets their implementation timeline.” LiveOffice will demonstrate AdvisorMail and some of its other products in booth #119 at JupiterMedia’s Fall 2003 Instant Messaging Planet Conference and Expo, taking place October 15 – 16 in San Jose, CA. In addition, LiveOffice’s Chief Operating Officer Matthew Smith will serve as a speaker at the event’s “Commerce Meets Public IM” conference session scheduled for October 16. The company will also be presenting its AdvisorMail solution at the upcoming NASD Fall Securities Conference 2003 in Scottsdale, AZ on October 15 – 17. ### About
LiveOffice Corp. LiveOffice’s current product offering includes AdvisorSquare™ for web site design, hosting and management, C-Manager™ for broker-dealer web site compliance, AdvisorMail™ for NYSE/SEC/NASD-compliant email and IM monitoring/archiving and LiveSiteManager™ for online sales and marketing efforts. For more information, please visit www.liveoffice.com or call (800) 251-3863. |
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