Portland, OR - September 6, 2006 - Smarsh, Inc., the financial industry’s most trusted managed service provider of innovative, high-performance and reliable email archiving and messaging compliance solutions, today announces the company is now officially archiving emails and instant messages for more than 500 broker dealers, investment advisors, hedge funds and other financial firms.

Experiencing continuous and rapid growth with each new month, Smarsh has come a long way since its inception five years ago. Financial firms and compliance consultants alike select Smarsh’s email archiving services over building an internal solution and over other providers in the market due to the service provider’s focus on customer service, the exemplary features of the Smarsh Web Compliance Tool and straightforward pricing structure with no hidden fees.

“I am tremendously excited by the growth of our company,” states Stephen Marsh, CEO, Smarsh, Inc. “In the past year alone, we have grown more than 300% in terms of both new clients and sales, while also continuing to strengthen our team with many new hires. I expect this trend to continue.”

Many of the new hires have joined Smarsh’s support team, which is a primary focus of the service provider. Smarsh’s support team is available to clients around the clock via phone or email. One of the chief reasons clients recommend Smarsh is because they know the provider will be there for them during an audit or examination – when they need it most. Smarsh employees understand the nature of the financial services business and recognize that clients under audit are top priority. Whether it is needing a CD shipped overnight or tech support to do a very critical email search for the auditor, the task gets done as soon as possible, regardless of whether the request falls under typical business hours or not.

"I chose Smarsh over other service providers due to their top notch support and valuable features of their Web Compliance Tool," states Tammy Eisenberg, Chief Compliance Officer, DLIBJ Asset Management U.S.A, Inc. "Senior Management loves the straightforward cost, as it doesn't fluctuate month to month."

The service provider’s features and performance of its Web Compliance Tool are the most ideal solution for broker dealers, investment advisors and hedge funds. Smarsh’s Web Compliance Tool boasts the most robust message search in the market today. Clients can do a very simple search, such as a random percentage of messages, as highly recommended by SEC auditors, or an extremely complicated search through a very select group of criteria. Users immediately note the performance of Smarsh’s message search, as most searches take only seconds. Emails, instant messages, Bloomberg messages and also messages from Blackberries, Treos and other handheld devices are archived and are searchable. Clients can give select supervisors the privilege to review messages for a certain group of email users. Statistics and reporting tools are quite simple to review, detailing the number of messages reviewed by a certain supervisor and number of messages marked compliant, for example, to prove to auditors that emails are being monitored. Smarsh also hosts email, or can integrate and archive messages from clients’ in-house Exchange, Linux, Lotus Notes, Novell GroupWise or other servers.

For more information on how Smarsh can effectively help investment advisors, broker-dealers, 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 500 investment advisors, broker-dealers and hedge funds rely on Smarsh to be their industry-recognized Third Party Download Provider for mission critical communication tools to satisfy SEC 17a-4 and 204-2 and FINRA 3010 and 3110 regulations. For more information on how Smarsh helps financial firms archive, retrieve and monitor their emails, please visit www.smarsh.com.

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