CPTV Captiva Software (MM)

Captiva Software Corporation (NASDAQ:CPTV), a leading provider of input management solutions, today announced that Centro de Soluciones en Informatica, a leading business process outsourcer (BPO) in Mexico, has selected Captiva's FormWare(R) and InputAccel(R) software to capture and process information from millions of forms and documents annually. The value of the contract to Captiva exceeds $300,000. Centro de Soluciones en Informatica will implement the solutions to capture and transform information from new account enrollments, credit card applications, census forms and other documents into electronic data for its retail, financial services and government customers. The company currently utilizes a staff of more than 400 data entry operators to manually key data contained on such forms and documents. By automating the input management process, Centro de Soluciones en Informatica will be able to reduce costs, increase productivity and speed the delivery of information to its customers. "Centro de Soluciones en Informatica sought a solution that would allow it to increase productivity and attract new business," said Howard Dratler, Captiva's Executive Vice President of Field Operations. "By utilizing FormWare and InputAccel to capture and process forms and documents more efficiently, Centro de Soluciones en Informatica will have a competitive advantage and be able to leverage these abilities to better serve its customers." After examining other solutions on the market, Centro de Soluciones en Informatica selected the FormWare with InputAccel solutions due to the excellent initial results the company saw from a proof of concept project, as well as the strong support Captiva provides with its Professional Services Group. InputAccel transforms mission-critical data from documents into business-ready digital content and FormWare manages business-critical information from forms into enterprise systems. By delivering accurate, timely and usable data, InputAccel and FormWare offer users reduced operational costs, improved information quality and accelerated business processes. About Centro de Soluciones en Informatica Centro de Soluciones en Informatica is a business process outsourcer specializing in document capture, processing and data storage for companies throughout Mexico. Its customers include large financial service providers, major commercial enterprises and government entities. For more information, visit www.grupocsi.com. About Captiva 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. FormWare and InputAccel are registered 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 the benefits of new products or market trends, any projections of earnings or 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 or new products, services or developments; any statements regarding future economic conditions or performance; and 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 the Company's 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. These and other risks and factors that could cause our results to differ from those expressed or implied by such forward-looking statements are described in Captiva Software Corporation's 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.