Captiva CEO Named San Diego Software Entrepreneur of the Year by Ernst & Young; Prestigious Award Recognizes Reynolds Bish for His Leadership, Vision and Perseverance.

Business Editors

SAN DIEGO--(BUSINESS WIRE)--July 1, 2003

Captiva Software Corp. (Nasdaq: CPTV), a leading provider of input management solutions, today announced that its President and CEO, Reynolds C. Bish, has received the prestigious Ernst & Young Entrepreneur Of The Year(R) award in the software category.

The award honors outstanding entrepreneurs whose ingenuity and perseverance have created and sustained successful growing business ventures.

From a pool of accomplished nominees, Bish was selected for the award by a distinguished independent panel of judges for his strategic guidance and resolute entrepreneurial vision. His strong leadership has paved the way for Captiva to become the global leader in the input management market space with more than 1,000 customers.

"It's an honor to be recognized in this manner," said Bish. "The award is a testament to the success of Captiva as a business and the hard work and dedication of its employees. I'm proud to share this award with each of them."

Active in the input management and enterprise content management (ECM) markets for over 20 years, Bish has served as president, CEO and director of Captiva since co-founding the company in 1989. Under his leadership, Captiva has defined the input management market and grown from a start up to a Nasdaq-listed company with anticipated revenues of $53 to $54 million, solid profitability and positive cash flow in 2003.

"The Ernst & Young Entrepreneur Of The Year award pays tribute to San Diego's outstanding business leaders who have demonstrated unparalleled business acumen and made significant contributions to the local economy," said Irene Veca, Ernst & Young Entrepreneur Of The Year program director for San Diego.

Now in its 17th year, the Ernst & Young Entrepreneur Of The Year award recognizes entrepreneurs who have demonstrated excellence in areas such as innovation, financial performance and personal commitment to their business and communities. Award winners are selected by past winners, academics and community, business and civic leaders. San Diego's winners are eligible to participate in Ernst & Young's National Entrepreneur Of The Year awards program, which culminates in an awards gala in Palm Springs on Nov. 22, 2003.

About Captiva Software

Captiva Software Corp. (Nasdaq: CPTV) is a leading provider of input management 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.

Entrepreneur Of The Year(R) is a registered trade mark of Ernst & Young LLP.

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