SOURCE: LiveOffice

March 17, 2008 09:35 ET

LiveOffice Appoints Email Archiving and SaaS Industry Veterans to Board of Directors

Board Members' Industry Experience and Insight to Help Leading Email Management and Archiving Software-as-a-Service Provider Expand into New Markets

TORRANCE, CA--(Marketwire - March 17, 2008) - LiveOffice, the leading provider of hosted email, archiving, security and compliance solutions, today announced that it has appointed three new veteran industry executives to its Board of Directors:

--  Steve Jillings, former president and CEO of FrontBridge Technologies,
    a global leader in message management and archiving services acquired by
    Microsoft in 2005.
--  Nick Mehta, entrepreneur-in-residence at Trinity Ventures, and former
    vice president and general manager of Symantec's Enterprise Vault (formerly
    KVS) information archiving and discovery software business.
--  Susan Carstensen, chief operating officer of RightNow Technologies
    (NASDAQ: RNOW), an on-demand CRM software and services company, and a 19-
    year veteran of corporate financial management.
    

"We are thrilled to have these high-caliber individuals join our board," said Matt Smith, president of LiveOffice. "Both Nick Mehta and Steve Jillings bring impressive expertise in the archiving and compliance industry, and Susan Carstensen provides in-depth financial and operating knowledge in the software-as-a-service (SaaS) sector. This group's collective achievements and highly strategic business acumen will be instrumental in accelerating LiveOffice's growth as we continue to expand our offerings within and beyond the financial services industry."

Jillings, Mehta and Carstensen join current board members, Chairman Alexander Rusich (chief executive officer), Matthew Smith (president and chief operating officer) and Mark Long (chief financial officer) of LiveOffice as well as Greg Goldfarb (principal) and Harrison Miller (general partner) of Summit Partners. A leading global private equity and venture capital firm, Summit Partners has a minority investment in LiveOffice and is helping the company grow and expand into new markets.

LiveOffice securely manages millions of messages every day for the nation's largest and most respected companies. With a substantial foothold in financial services, the company's email archiving and compliance solutions meet the most complex regulatory and corporate requirements for businesses of all sizes, in any industry. In addition, more than 7,500 small businesses trust their email hosting and management to the experts at LiveOffice.

Board Member Biographies

-- Steve Jillings is president and CEO of Vantage Media and the former president and CEO of FrontBridge Technologies, where he was responsible for taking the company from a startup to a global leader in managed messaging services. Tasked with driving the company's strategic direction and growth, Jillings built a world-class management team focused on execution. Raising $28 million in three rounds of funding allowed the team to build a broad portfolio of services combined with the largest global distribution footprint in the managed messaging space. The growth and accomplishments in that timeframe led to the successful sale of the company to Microsoft in August 2005. Jillings has more than 20 years of business-building experience, specifically in the areas of corporate finance, sales, marketing and technology. Prior to FrontBridge, Jillings was a cofounder and executive vice president of Voyus, a recurring revenue IT services company based in Vancouver, B.C. Jillings has been responsible for seven startups throughout his career, taking them from inception to commercialization and eventual liquidity.

-- Nick Mehta is an entrepreneur-in-residence at Trinity Ventures. He has held senior operating roles for public and private companies in both enterprise and consumer technology markets. Prior to joining Trinity Ventures in 2007, Mehta spent more than five years at Symantec Corporation (NASDAQ: SYMC) and Veritas Software Corporation (acquired by Symantec in 2005). Most recently, Mehta was a vice president at Symantec. He also served as general manager of the Enterprise Vault (formerly KVS) information archiving and discovery software business at Symantec from its acquisition in 2004 until 2007. During this time, the business grew from $23 million in annual sales in 2004 to $200 million in 2007 and received recognition from Gartner, Forrester, IDC and Radicati as the leading product in the "on-premise" email archiving market. Mehta also held other roles leading product management for all email-related businesses at Symantec and previously for CommandCentral, the company's storage resource management software product line.

-- Susan Carstensen is chief operating officer of RightNow Technologies, a software-as-a-service (SaaS) solutions company built to seamlessly integrate sales force automation software, enterprise marketing automation and customer service solutions to ensure customer loyalty and profitability. A 19-year veteran of corporate financial management, Carstensen oversees RightNow's finance, information technology and human resource divisions, and she serves on the company's executive management team. She joined RightNow in 1999 following five years at Powerhouse Technologies, a $200-million publicly traded diversified gaming technology company. At Powerhouse, Carstensen held various positions in finance and audit, advancing to chief financial officer in 1997. She was a key player in the organization's financial turnaround, culminating in the 1999 sale of the company.

About LiveOffice

LiveOffice is the leading provider of managed messaging services for businesses, including email and instant message archiving, compliance and e-discovery solutions, spam and virus protection, Hosted Exchange 2007 and Hosted BlackBerry Enterprise Server. The company processes and protects millions of messages each day, while helping organizations streamline operations and comply with a variety of regulations. Founded in 1998 and headquartered in Torrance, Calif., LiveOffice serves a premier roster of clients, including Fortune 100 companies, and has a customer-retention rate of 99 percent. For more information, call 800.251.3863 or visit www.liveoffice.com.

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

Contact Information

  • Contact:
    Amy Dugdale
    LiveOffice
    800-251-3863, ext. 148
    Email Contact