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| July 28, 2003 | |
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New Technology Stops Problem Emails at the Source TORRANCE, Calif., July 28, 2003 — LiveOffice Corporation (www.liveoffice.com), the leader in compliance technology for financial services professionals nationwide, today announced the addition of its proprietary ComplianceCheck™ feature to AdvisorMail (www.advisormail.net), an end-to-end monitoring, archiving and retrieval solution for email and instant messages (IM) designed specifically for financial services organizations. Operating similar to word processing spell checks, this new feature enables financial representatives to pre-screen their emails against LiveOffice’s proprietary eSupervisor™ lexicon of compliance words and phrases prior to sending an email message. “ComplianceCheck™ will significantly reduce the workload on the compliance departments within financial service organizations,” said Ann Davis, director of business development for LiveOffice Corp. “In fact, preliminary testing of the product indicates that our ComplianceCheck™ feature will reduce the number of emails that require a compliance officer’s review by over 75 percent.” AdvisorMail’s new ComplianceCheck ™ feature:
LiveOffice’s AdvisorMail enables Compliance Departments to electronically monitor, retain and archive thousands of emails, attachments and instant messages (IM) in a single and secure location. AdvisorMail's robust monitoring capabilities ensure that financial services firms can easily comply with all the regulatory requirements of SEC Rules 17a-3, 17a-4, NASD rule 3010(d) as well as NASD’s June 17, 2003 Notice to Members outlining the proper handling of instant message (IM) communications. ComplianceCheck™ will be available to existing and new AdvisorMail customers in early August 2003. ### 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. |
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