Lahey Clinic Selects Captiva's InputAccel for Streamlined Document Ca

    Business Editors

    SAN DIEGO--(BUSINESS WIRE)--April 26, 2005--Captiva Software Corporation (NASDAQ: CPTV), a leading provider of input management solutions, today announced that Lahey Clinic Medical Center, a physician-led, nonprofit group medical practice, has selected InputAccel(R), Captiva's award-winning document capture software, to transform a range of documents into electronic content for streamlined processing and access to patient information. The value of the contract to Captiva is approximately $275,000.
    Lahey Clinic will utilize InputAccel in its medical records department to capture patient medical records, in its finance department for invoices and explanation of benefit (EOB) forms and in its registration areas for capturing digital images of insurance cards and patient encounter forms. The resulting images and index data will be exported to a Documentum enterprise content management (ECM) system. Lahey Clinic purchased InputAccel to solve the problems inherent with storing and accessing paper medical records, forms and documents, such as space constraints and costs, the inability of more than one person to access a file at a time and the possibility of misplaced or damaged files. The system is expected to increase the productivity of medical center personnel and substantially reduce operation costs.
    InputAccel will initially be implemented at Lahey Clinic's main facility in Burlington, Massachusetts, but will eventually be expanded to create a distributed capture solution across three medical center campuses and 18 outpatient facilities. In the future, Lahey Clinic also plans to implement InputAccel for Invoices(TM) for automated invoice processing in the accounts payable department.
    "We're pleased Lahey Clinic has selected Captiva to create a distributed environment throughout its organization to better serve its patients," said Howard Dratler, Captiva's Executive Vice President of Field Operations. "Lahey Clinic selected InputAccel over other document capture solutions in part because of its flexibility, which allows the clinic to create customized processes and programs to fit its growing needs. This contract reaffirms Captiva's expertise in the provider side of the healthcare market, where our solutions have proven to increase efficiencies, reduce costs and improve access to critical information."
    InputAccel is Captiva's award-winning information capture system that transforms mission-critical data from paper and faxes into business-ready content. InputAccel ensures the integrity of incoming data and converts it into formats usable in enterprise systems. By delivering accurate, timely and usable data, InputAccel offers users reduced operational costs, better information quality and accelerated business processes.

    About the Lahey Clinic Medical Center

    Lahey Clinic, a physician-led, nonprofit group practice, is renowned for innovative technology, pioneering medical treatment and leading-edge research. More than 450 physicians and 4,000 nurses, therapists and other support staff work together to provide compassionate care and superior patient outcomes through its unique group practice model. A teaching hospital affiliated with Tufts University School of Medicine, the Clinic provides quality health care in virtually every specialty and subspecialty, from primary care to cancer diagnosis and treatment to kidney and liver transplantation. For more information, please visit www.lahey.org.

    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 is a trademark, and InputAccel is a registered trademark of Captiva Software Corporation. 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.

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CONTACT: Captiva Software Corporation Rob Jensen, 858-320-1255 rjensen@captivasoftware.com or MKR Group, LLC Charles Messman or Todd Kehrli, 818-556-3700 ir@mkr-group.com

KEYWORD: CALIFORNIA MASSACHUSETTS INDUSTRY KEYWORD: HARDWARE MEDICAL SOFTWARE PRODUCT SOURCE: Captiva Software Corporation

Copyright Business Wire 2005