Captiva's InputAccel for Invoices Enhanced to Offer Advanced Automated Data Capture; Version 1.1 Features Line-Item Detail Capture, Integration With SAP.

SAN DIEGO -- Captiva Software Corporation, (NASDAQ:CPTV) a leading provider of input management solutions, today announced the availability of InputAccel for Invoices(TM) 1.1, a new, more powerful version of its automated invoice capture solution.

This version of InputAccel for Invoices recognizes information from up to ten of the most common invoice data fields and line item details - without the use of templates and requiring no system training, learning or other vendor-specific set-up. Two new SAP connectivity offerings have also been added: Archive Export(TM) for exporting images to any image repository using the SAP(R) ArchiveLink(R) HTTP protocol; and A/P Connect(TM) -- a SAP-certified integration for two-way communication of vendor, purchase order and invoice data with R/3(R) -- SAP's enterprise resource planning (ERP) platform.

"The automated processing of invoices has traditionally posed a significant problem for organizations because solutions typically are unable to capture invoice data without tedious set-up and system training on the geometries of each vendor's invoices," said Jim Nicol, Captiva's Executive Vice President of Product Development. "The new features we've added to InputAccel for Invoices advance the state-of-the-art in template-free invoice data capture, enabling customers to speed invoice workflow, reduce costs and improve the accuracy of financial reporting statements as mandated by regulations such as Sarbanes-Oxley. In addition, our integration products for SAP, one of the world's leading ERP software providers, should make our solution extremely attractive to a vast audience of potential customers."

InputAccel for Invoices transforms paper invoices into a digital image that can be exported into any image repository or enterprise content management (ECM) system. It employs concurrent forms processing and intelligent document recognition technologies to capture data such as the invoice number and date, the vendor, the purchase order number, the account number, the total amount and now shipping, tax and line-item information. The system then exports this information to ERP, accounts payable (A/P) and other back-end systems. By utilizing connectivity to accounting data, InputAccel for Invoices automatically compares and validates the invoice information against purchase order and vendor data. The new version of InputAccel for Invoices also includes the ability to match invoice line items to line items on the purchase order, or assign the costs directly to general ledger (G/L) accounts. Completed invoices are then exported to the A/P or ERP system where it appears as a "parked" invoice, ready to be processed via the workflow or paid directly, without further processing.

Built on InputAccel(R) and utilizing capabilities from FormWare(R), InputAccel for Invoices is a flexible solution that can dramatically reduce the amount of manual intervention typically required to process invoices. It empowers users to streamline and accelerate the processing of invoices, reduce errors and increase financial reporting accuracy. By accelerating invoice processing through automation, organizations can realize immediate benefits and a return on investment in the form of less manual data entry, discounts for early payments and eliminating penalties for invoices paid late.

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, direct marketing and other markets. For more information, visit www.captivasoftware.com. InputAccel for Invoices, Archive Export, and A/P Connect are trademarks, and FormWare and InputAccel are registered trademarks of Captiva Software Corporation. SAP, ArchiveLink, and R/3 are registered trademarks of SAP AG. 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 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.