An Open Letter to Executives at TARP-Funded Companies

* Reuters is not responsible for the content in this press release.

Tue Mar 24, 2009 12:43pm EDT

  TORRANCE, CA, Mar 24 (MARKET WIRE) -- 
LiveOffice, the leading provider of

    software-as-a-service (SaaS) email archiving solutions, today issued the
following open letter to senior executives at companies participating in
the U.S. government's Troubled Asset Relief Program (TARP):

    Dear Executives of Companies Receiving TARP Funding:

    With the current financial crisis, we as a nation are seeking ways to
restore investor, regulator and taxpayer confidence in our financial
markets. Many financial services companies are under tremendous pressure
to show that TARP funding is being properly allocated, which means
increasing the transparency of company operations. With much of your
business operations conducted via electronic communications, such as
email and instant messaging, why not make a strong statement to the
public by ensuring that all of your electronic communications are
properly captured and stored in a secure, fully searchable repository, so
they are available on-demand? If you're willing, we can help.

    We recently introduced the LiveOffice Economic Recovery Plan to state and
local governments as well as educational institutions. This program is
designed to provide organizations in need with reliable email archiving at
a drastically reduced price. We would like to extend this program to you
to help increase your operational transparency. As an added benefit, you
can also ensure that your emails and attachments are being properly
maintained according to your corporate, legal and regulatory obligations.
The LiveOffice Economic Recovery Plan allows you to take advantage of our
SaaS-based email archiving and hosting solutions with no monthly payments
until June 1, 2009.*

    For more information on this program, please contact one of our Economic
Recovery Plan Experts at 800.374.2032.

    Respectfully,

    Nick Mehta

    CEO, LiveOffice

    About LiveOffice

    LiveOffice is the leading provider of cloud-based 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.

    LiveOffice and its logo are trademarks of LiveOffice LLC. All other
company names and products may be trademarks of their respective
companies.

    * Restrictions apply.

    

Contact:
Amy Dugdale
LiveOffice
800-374-2032 ext. 148
Email Contact

Copyright 2009, Market Wire, All rights reserved.

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