Captura Deepens Commitment to Providing Enterprise Expense Solutions; Names Former Microsoft Veteran as Executive VP -- Products, Promotes Vetras and Bonde.

BOTHELL, Wash.--(BUSINESS WIRE)--April 6, 1999--Captura Software Inc., a leading provider of global expense management solutions, today announced a further commitment to providing end-to-end enterprise and e-commerce solutions with the appointment of former Microsoft manager Mike Houston as executive vice president -- products.

Houston will direct Captura's Product Division, ensuring the development and delivery of global enterprise expense management solutions.

In addition, Dan Vetras, president of Captura, will assume the title of chief executive officer, and Katarina G. Bonde will expand her role to executive vice president -- global sales and marketing.

Houston is a computer industry veteran with more than 15 years of experience. He spent the last two years as a product and program management consultant. Prior to his recent consulting work, he served as vice president of product management at Clear Call Financial Inc., in Stoneham, Mass., where he managed product development and customer research efforts. At Microsoft, he managed site planning and next-generation vision for Microsoft's Support Online site. Additionally, he developed business strategy and marketing plans for the company's small business marketing efforts for Microsoft Office and other key products and new product initiatives.

Houston began his career at New England Group, a wholesale industrial marketing and distribution firm in Nashua, N.H., where he managed the accounting and information systems areas. He graduated cum laude with a Bachelor's Degree from College of the Holy Cross in Worcester, Mass., and completed a Master's Degree in Management from the Sloan School of Management at MIT.

Vetras, who will take on the additional role of chief executive officer, is a highly experienced software industry executive with more than 17 years in technology and management experience. He joined the company in 1998 as chief operating officer and was promoted to president in January 1999. Vetras will set the strategic direction of the company and continue to oversee Captura's day-to-day operations. He most recently served as vice president of sales at IntraNetics Inc., where his duties included directing worldwide sales initiatives and channel development activities. Prior to IntraNetics, Vetras held management positions at IBM, Lotus and Digital Equipment Corporation.

Bonde is responsible for Captura's global sales and marketing initiatives as well as directing the company's international division, Captura International Ltd. Prior to her current role, Bonde held positions as vice president of sales and vice president of corporate marketing at the company. With nearly 20 years experience in the industry both in Europe and the U.S., Bonde has a broad background in marketing, sales and general management from Dun & Bradstreet Software, Cap Gemini Sogeti, and Digital Equipment Corporation.

About Captura Software

Captura(R), headquartered in Bothell, Wash., delivers comprehensive global expense management solutions and world-class services to help companies worldwide control costs, increase profitability, and make better business decisions. The company's flagship product, Employee Payables, helps global organizations align more closely with Best Practices, enforce expense policy uniformly across the corporation, and reduce the costs associated with the processing of expenses. Captura has offices in Boston, Chicago, Dallas, Los Angeles, New York, New Jersey, Raleigh, Seattle, San Francisco, and Washington D.C., with European headquarters in London.

Captura has built a strong infrastructure of customers, partners, and strategic alliances with more than 350,000 seats sold. Customers include Ford Motor Co., General Motors, Merrill Lynch, Compaq Computer Corp., CGU, Lockheed-Martin, Pfizer Inc., SSDS, and Unify. For more information about Captura and its products, in the U.S. call 425/487-9484, in Europe call [phone]; or visit the company's Web site at http://www.captura.com.