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ZipLip Releases New Compliance Appliance
An all-in-one box to help smaller firms comply with regulations at an appliance price

Santa Clara, CA - May 16, 2005 - ZipLip, Inc., the technology leader in email archiving for compliance, today announces an easy-to-use email archiving “Compliance Appliance” for Broker Dealers, Registered Investment Advisors and Asset Managers. With the advanced email search and retrieval capabilities, and the enhanced policy control of the ZipLip Unified Archival Suite, the Compliance Appliance allows smaller firms to comply with SEC, NYSE, and NASD regulations for email retention at a fraction of the cost of a typical enterprise solution.

"Regulations affect firms of all sizes. Many vendors today are only trying to address the needs of larger firms, neglecting smaller ones with a critical need for compliance. Email retention has been challenging for BDs, RIAs, and AMs in particular," said Kon Leong, ZipLip’s CEO. “Many of them have 30 users or fewer, and tend to be more price-sensitive.”

According to industry experts, less than 50% of small firms are compliant due to the high prices and complexity of email compliance solutions on the market; many BDs and RIAs fall into this less-than-30-employees size bracket. The need is urgent for these firms to not only archive messages in a tamper-proof format for up to seven years, but also be able to search, index, and randomly sample and review mail.

As a result, ZipLip designed the all-in-one ComplianceAppliance™ to make compliance easy to address and manage:

• Cost-effective with total control of data
• 100% email-capture from Exchange, Lotus, etc.
• Powerful search and retrieval
• Access any email in seconds
• Search by word, phrase, name, email address, date/time, attachment, etc.
• Export and zip search results with one-click
• Enables writing to DVDs or CDs for WORM
• Rules engine and lexicons to scan email
• Same enterprise platform servicing the largest companies in the world

Pricing
Discounts available to National Regulatory Services (NRS) and other member firms.

About ZipLip, Inc.
Founded in 1999, and based in Santa Clara, California, ZipLip makes email archiving software which integrates compliance, legal discovery, storage offloading and knowledge management on a single system. Additional capabilities include secure email and secure file management. Customers include ADP, Fenimore Asset Management, Morgan Keegan, Plains Capital, Avondale Partners, SI International, and many others. More information is available at www.ziplip.net.

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