Email Archiving Vendor, Smarsh, Inc., Primed and Ready for Growth Spawned by FINRA Regulatory Notice 07-59

Portland, OR - December 17, 2007 - Smarsh, Inc., the financial industry’s most trusted managed service provider of innovative, high-performance and reliable email archiving and messaging compliance solutions, announces that the company is poised for explosive growth with innovative tools and capacity, meeting and exceeding all guidance relayed through FINRA Regulatory Notice 07-59. Through consistent involvement in the financial industry, the service provider has anticipated regulatory direction and properly prepared with expansion of infrastructure and product development.

Smarsh’s Compliance Web Tool, featuring the automated supervisory agent, Virtual Compliance Officer™, has helped numbers of firms meet and exceed regulatory guidance. Noting Section D., “Method of Review for Correspondence,” the Lexicon-Based Reviews of Electronic Correspondence has historically been an issue for firms using other service providers due to false positives and the added workload it creates. Smarsh’s solution has helped thousands of firms cut down on time spent reviewing messages and helped to mitigate risk by focusing on the messages that should be more closely reviewed, versus advertising and non-business related emails.

“Smarsh’s email compliance and messaging archiving solutions are able to easily assist firms in exceeding FINRA’s Regulatory Notice 07-59,” states Smarsh CEO Stephen Marsh. “Anticipating the needs of the financial industry, we have always built our services to address the requirements and challenges they face. Feature development, storage capacity, response time, and system performance are just a few areas in which Smarsh has consistently improved since day one and continue to do so today.”

With the evolution the regulatory environment has experienced, and the stringency that has come with it, the need for a scalable and robust system is now more important than ever. Taking advantage of its extremely high-tech facilities, Smarsh has been able to accommodate this increased and steady growth. Independent of overall storage volumes or number of clients they maintain, Smarsh’s infrastructure can easily manage the millions of messages they process each day. A dynamic company, Smarsh is consistently adding redundancy and optimizing performance to sustain client and systems growth. “Our clients have the highest level of confidence when going through an audit knowing that when necessary, Smarsh can produce their information with ease, as we are an industry recognized Third Party Download Provider,” Marsh continues.

For more information on how Smarsh can effectively help investment advisors, broker-dealers, banks, hedge funds and other financial organizations retain, retrieve and monitor their emails, please call 866-SMARSH-1 or email sales@smarsh.com.

About Smarsh, Inc.

Founded in 2001, Smarsh, Inc. is the financial industry’s most trusted managed service provider of innovative, high-performance and reliable email archiving and messaging compliance solutions. More than 2,500 financial firms, including investment advisors, broker dealers, banks and hedge funds rely on Smarsh to be their industry-recognized Third Party Download Provider for mission critical communication tools to satisfy rules SEC 17a-4 and 204-2 and FINRA 3010 and 3110. For more information on Smarsh, please visit www.smarsh.com.

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