Portland, OR - November 22, 2005 - Smarsh Inc., a privately held global provider of technology solutions for the financial services industry, announces the addition of its 250th client for managed email archiving and regulatory compliance.

This is a landmark for Smarsh, demonstrating tremendous customer growth and retention throughout the calendar year. The company’s broker/dealer and investment advisor client base has steadily surged by more than 200% since January of 2005, aided in part by the addition of hedge funds racing to meet pending SEC registration deadlines.

Jim Watts, President & CEO of Pacific Summit Securities and Pacific Summit Capital says, “We moved over to Smarsh several months ago. We chose Smarsh because of the FINRA and SEC requirements to archive our email and IM messages. I would, and have, recommended Smarsh wholeheartedly. Great people; great service!”

Smarsh continuously strives to provide new and improved tools for its customers to more efficiently and accurately manage their archived email. Recent product enhancements have enabled customers to effectively prepare for regulatory investigations and day-to-day employee supervision.

For more information on any of Smarsh Inc.’s archiving and compliance solutions, please visit www.smarsh.com or call 1-866-SMARSH-1.

About Smarsh Inc.

Founded in 2001, Smarsh is a privately held global provider of technology solutions for the financial services industry. Smarsh provides financial applications as well as completely managed and custom email hosting and messaging compliance solutions to brokerages, banks, trading floors, and investment management firms. Smarsh is headquartered in Portland, OR and has regional offices in New York and San Francisco. For more information on Smarsh, please visit www.smarsh.com.

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