CPTV Captiva Software (MM)

Captiva Software Corporation, (Nasdaq:CPTV) a leading provider of input management solutions, today announced that it has been honored with two significant awards given by the Association for Information and Image Management (AIIM), the international authority on enterprise content management (ECM), at its 2005 Conference and Exposition held recently in Philadelphia. Captiva and its customer Cincinnati Insurance Companies (CIC) were recognized by AIIM's Emerging Technology Advisory Group with its prestigious "Best Practices Award" for the insurance industry. The award recognizes innovation in the ECM market and excellence an organization has achieved by implementing document management technology to solve a critical business problem, significantly improve business processes and achieve a measurable return on investment. CIC was honored for its innovative use of Captiva's eScan(TM) to enable its field representatives to capture, index and submit supplemental claim materials electronically via a simple Internet connection, saving the company approximately $5 million annually. In addition, b-Wize Dispatcher, from the recently acquired SWT SA, was honored with AIIM e-Doc Magazine's "Best of Show" award in the capture and forms processing category for its ability to automatically identify and index a wide range of documents quickly and accurately. The Best of Show awards recognize ECM hardware and software technologies exhibited at the conference that demonstrate exceptional capabilities, quality and significant ROI potential. A panel of 22 industry experts participated in evaluating products in 11 categories. "As in past years, the judging among the many excellent products was close and competitive. The winners should be proud to bring superior technology to the marketplace," said Bryant Duhon, Editor of AIIM e-DOC Magazine. "These products exhibit technology excellence and an attention to the needs of the ECM market." "We're honored to again be recognized for excellence by AIIM, and are especially pleased that our customer has been so successful with eScan," said Jim Vickers, Captiva's Chief Marketing Officer. "These awards are prestigious in that they acknowledge the successful use or potential to accelerate business processes, reduce costs and provide a measurable return on investment -- benefits enjoyed by our customers on a regular basis." In addition to the AIIM awards, Captiva and CIC were named finalists in the "Innovative Large Enterprise Installation" category of Integrated Solutions magazine's "I3" awards, which recognize end users that have implemented outstanding document and content management technology solutions within their organizations. Captiva was also a finalist for the ECM Connection ACE Awards, recognizing vendor commitment to helping users and system integrators make informed decisions about ECM technology adoption and deployment. Captiva was named a finalist for providing innovative products, information-rich content and educational training to customers and integrators. About Captiva Software Corporation Captiva Software Corporation (Nasdaq:CPTV) is a leading provider of input management software solutions. Since 1989, the company's award-winning products have been used to manage business critical information from paper, faxed and scanned forms and documents, Internet forms and XML data streams into the enterprise in a more accurate, timely and cost-effective manner. These products automate the processing of billions of forms and documents annually, converting their contents into information that is usable in database, document, content and other information management systems. Captiva's technology serves thousands of users in insurance, financial services, government, business process outsourcing, manufacturing and other markets. For more information, visit www.captivasoftware.com. Dispatcher, b-Wize and eScan are trademarks of Captiva Software Corporation. All other trademarks or registered trademarks are the property of their respective owners. This press release may contain forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, among other things, any projections of earnings, revenues (including where the underlying contract has already been signed) or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include, among other things, performance of contracts by customers and partners; employee management issues; the timely development, production and acceptance of products and services and their feature sets; the challenge of managing asset levels, including inventory; the flow of products into third-party distribution channels; and the difficulty of keeping expense growth at modest levels while increasing revenues. Announcements of contract awards should not be interpreted as reflecting revenue in any particular period and may relate to revenue recorded in prior or future periods (in some cases subject to cancellation) or revenue recorded in multiple periods. These and other risks and factors that could cause events or our results to differ from those expressed or implied by such forward-looking statements are described in our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. We assume no obligation and do not intend to update these forward-looking statements.