SOURCE: LiveOffice

May 15, 2008 10:00 ET

LiveOffice Names Email Archiving Veteran Nick Mehta as CEO

TORRANCE, CA--(Marketwire - May 15, 2008) - LiveOffice, the leading provider of managed email archiving, compliance, security and Exchange hosting solutions, today announced the appointment of Nick Mehta as CEO. Mehta, who joined the LiveOffice board in January 2008, succeeds company Cofounder Alexander Rusich as CEO. Rusich will continue as chairman of the board and assume the new role of chief visionary officer (CVO), overseeing the company's long-term strategy and technology development. LiveOffice Cofounder Matt Smith remains as president and chief operating officer (COO).

"Given his wealth of experience, we are thrilled to have Nick join the executive team and are confident that he will play a pivotal role in LiveOffice's expansion into new markets," said Rusich. "Nick's extraordinary energy, keen understanding of the messaging industry and commitment to continuing the company's strong operating performance are all highly critical to our long-term success."

For the better part of the last decade Mehta built his reputation in the email and messaging space, holding senior operating roles for public and private companies in the enterprise and consumer technology markets. He spent more than five years at Symantec Corporation and Veritas Software Corporation (acquired by Symantec in 2005), where he served as vice president and general manager of the Enterprise Vault (formerly KVS) information archiving and discovery software business from its acquisition in 2004 until 2007. During this time, the business grew from $23 million in annual sales to over $200 million and received recognition from ESG, Gartner, Forrester, IDC and Radicati as being the leading product in the "on-premise" email archiving market.

"LiveOffice provided me with a tremendous opportunity to join a fast growing and profitable software-as-a-service (SaaS) company in the messaging industry that I'm so passionate about," said Mehta. "I appreciate the capital cost and complexity inherent in even the best of onsite solutions, particularly for organizations with limited IT resources. I am a big believer that the SaaS model will become prevalent in messaging, as we have seen in other software categories."

According to Enterprise Strategy Group (ESG) research, organizations will archive more than 8,000 petabytes of email data between now and 2010. "This capacity is phenomenal, especially given that email archive solutions are only used by 35% of organizations," said ESG Senior Analyst Brian Babineau. "This indicates to me that the market is ripe for innovative archiving solutions, especially for small to midsize enterprises that need a managed services approach to reap the benefits of lower storage costs, improved compliance processes and enhanced litigation readiness. This is where a company like LiveOffice comes into play, because they are well positioned to deliver the value of email archiving without requiring IT departments to buy, install, configure and maintain on-premise software solutions." Babineau added, "Given his success in the on-premise archiving market, Nick's decision to join LiveOffice validates that there is a huge opportunity for managed service providers."

Prior to his role as general manager of Symantec's Enterprise Vault, Mehta held other positions leading product management for all email-related businesses at Symantec and previously for CommandCentral, a suite of storage management solutions. Prior to Veritas, he ran product management at XDegrees, a venture-funded storage software startup that was acquired by Microsoft. He holds a Bachelor's degree in Biochemical Sciences and a Master's degree in Computer Science from Harvard University.

Visit Mehta's blog on the email and messaging industry at http://blog.liveoffice.com.

About LiveOffice

LiveOffice is a 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 Solution. We process and protect 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

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