Captiva to Present to Investors at the AeA Micro Cap and Craig-Hallum Financial Conferences; Executives to Convey Company's Market Positioning and Growth Strategies.

Business Editors/High-Tech Writers

AeA Micro Cap Financial Conference 2004

Craig-Hallum Capital Group Institutional Investor Conference

SAN DIEGO--(BUSINESS WIRE)--May 6, 2004

Captiva Software Corp.(NASDAQ:CPTV), a leading provider of input management solutions, today announced it will present to technology investors at two upcoming financial conferences. Both events will be attended by securities analysts, fund managers and other institutional investors.

Captiva's President and CEO Reynolds C. Bish and CFO Rick Russo will present at the AeA Micro Cap Financial Conference, taking place May 16-18 in Monterey, Calif., at the Monterey Plaza Hotel. Captiva's general session presentation is scheduled for Monday the 17th at approximately 8:45 a.m. PST, followed by breakout sessions throughout that afternoon. A live Webcast of the first breakout presentation will take place at 1:15 p.m. PST and can be accessed via the following link:

http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=CPTV&item _id=868672. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field.)

This link will also access a replay of the Webcast approximately one hour after the presentation ends. The Webcast link and replay, as well as a copy of Captiva's presentations will be made available on the company's Web site in the investor relations section. More information about the AeA Micro Cap Financial Conference can be found at http://www.aeanet.org/Events/fstm_MC2004Homepage.asp.

Bish will also present to investors at the inaugural Craig-Hallum Capital Group Institutional Investor Conference, taking place May 20, 2004 in Minneapolis, at the Marquette Hotel. His presentation is scheduled for 3:40-4:15 p.m. CST that day, and will also be posted on the Captiva investor relations Web site. The conference will feature management from thirty participating companies. Attendance is by invitation only. More information can be found at: http://www.craig-hallum.com/conference.html.

At both events, Captiva executives will discuss the company's market positioning and growth strategies to expand Captiva's leadership position in the input management segment of the enterprise content management (ECM) market. Captiva executives will also conduct one-on-one meetings with investors and analysts. Interested parties should contact the MKR Group at 626-395-9500 to schedule a meeting.

About Captiva

Captiva Software Corp. 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.

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 Corp.'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.