Univar Selects Captiva's InputAccel for Invoices; Company to Streamli

    Business Editors/High-Tech Writers

    SAN DIEGO--(BUSINESS WIRE)--March 15, 2005--Captiva Software Corporation (NASDAQ:CPTV), a leading provider of input management solutions, today announced that Univar USA, a leading distributor of industrial chemicals, has selected Captiva's InputAccel for Invoices(TM) to capture and process supplier invoices more efficiently and speed payments. The value of the contract to Captiva is approximately $250,000.
    Univar will utilize InputAccel for Invoices to capture and process more than 700,000 invoices annually via mail and fax from across the nation. The invoice data capture solution will enable Univar to process invoices more efficiently and accurately, reduce turnaround times for payment, take advantage of early payment discounts and allow for easy access to the electronic data captured from the invoices. Univar hopes to expand its use of InputAccel for Invoices to other business units in the organization, such as its contracts and legal departments.
    After a thorough evaluation of competitive products, Univar selected InputAccel for Invoices for its scalability, ability to capture line-item details, tight integration with IBM's DB2 Content Manager and Captiva's strong reputation in the input management segment of the enterprise content management (ECM) market.
    "Univar desired an automated invoice processing solution that is flexible enough to grow with the company's future needs," said Howard Dratler, Captiva's Executive Vice President of Field Operations. "We're pleased to provide a solution that not only meets Univar's current needs by providing advanced line-item data capture and integration with its content management system, but is also scalable enough to grow to meet the company's future needs as it expands its use to other business units, eventually becoming a true enterprisewide input management platform."
    Utilizing forms processing and intelligent document recognition technologies, InputAccel for Invoices applies image enhancement and cleanup, extracts data such as purchase order number and vendor ID and conducts database look-ups to find the vendor's billing information. Once information is extracted, InputAccel for Invoices exports the images and metadata into Univar's IBM DB2 Content Manager system. Built on InputAccel(R) and utilizing capabilities from FormWare(R), InputAccel for Invoices is a flexible solution that can dramatically reduce the amount of manual effort typically required to process invoices.

    About Univar USA

    Univar USA is a subsidiary of Univar N.V., one of the world's leading independent distributors of industrial chemicals and provider of related specialty services. Headquartered in Kirkland, Wash., Univar USA operates a network of 166 distribution centers across the United States. For more information, visit www.univarusa.com.

    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/Todd Kehrli, 818-556-3700

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE RETAIL SOFTWARE NETWORKING PRODUCT SOURCE: Captiva Software Corporation

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