Captiva CEO Named Technology Leader of the Year by The T-Sector Magazine; InFUSION 04 Event Recognizes San Diego Software, Internet and Electronics Innovators, Leaders and Legends.

Business Editors/High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--April 15, 2004

Captiva Software Corp. (NASDAQ:CPTV), today announced that its President and CEO, Reynolds C. Bish, was named "Leader of the Year" by The T-Sector magazine, San Diego's source for technology news and information. The award was presented at InFUSION 04, the publication's annual software, Internet and electronics executive awards gala honoring leaders, legends and innovators in San Diego's information technology space. Winners were determined by an esteemed list of judges from local industry, technology and academia.

"Our InFUSION awards pay tribute to San Diego's outstanding technology business leaders who have demonstrated innovation, ingenuity and perseverance in creating and running successful business ventures, and have made significant contributions to the local technology environment and economy," said Katherine Harrington, publisher of The T-Sector. "We're pleased to honor and recognize the accomplishments of Mr. Bish, who has become a well-respected leader in the information technology space. His strong leadership has paved the way for Captiva to become a global leader in the input management market space with more than 2,000 customers."

"It's an honor to be recognized for this award, which is another testament to the success of Captiva and the hard work and dedication of our employees," said Bish. "I'm proud to share this award with each of them."

Active in the input management and enterprise content management (ECM) markets for over 21 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 revenues of $57.1 million, solid profitability and positive cash flow in 2003.

Captiva was also a finalist for three other InFUSION awards: Company of the Year, Breakthrough Innovation in Information for its Digital Mailroom(TM) solution and PR/Marketing Leader of the Year for its Director of Corporate Communications, Rob Jensen.

About The T-Sector

The T-Sector is a diverse technology communications company focused exclusively on serving the San Diego region's technology community through daily news dissemination, rich web content, comprehensive quarterly magazines and highly focused events. The mission of The T-Sector is to stimulate involvement and interest in the region to foster a community of technology collaboration that entices top talent to the region and positions San Diego on the worldwide map as a serious, innovative and dynamic tech marketplace. For more information, visit its Web site at www.thetsector.com.

About Captiva

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 electronic forms, documents and transactions into the enterprise in a more accurate, timely and cost-effective manner. These products automate the processing of billions of forms, documents and transactions 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.

Digital Mailroom is a trademark of Captiva Software Corp. 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, 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; the difficulty of keeping expense growth at modest levels while increasing revenues. 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 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.