Captiva to Present at the Lehman Brothers Global Software, IT Services and Internet Conference; Live Webcast to Take Place March 9

Captiva to Present at the Lehman Brothers Global Software, IT Services and Internet Conference; Live Webcast to Take Place March 9

SAN DIEGO — Captiva Software Corporation (NASDAQ:CPTV), a leading provider of input management solutions, today announced it will present to investors at the Lehman Brothers Global Software, IT Services and Internet Conference, taking place March 8 – 9 at the Ritz-Carlton Hotel in Half Moon Bay, California. The conference will feature presentations by leading companies in the software, IT services and Internet segments of the IT market. Presentations and panels will take a global view of these sectors and address trends within the enterprise, infrastructure, security, storage, Internet, outsourcing, consulting, systems integration and other topics.

Captiva’s President and CEO, Reynolds C. Bish will discuss the company’s market positioning and growth strategies to expand its leadership position in the input management segment of the enterprise content management (ECM) market. Mr. Bish’s general session presentation will take place on Wednesday, March 9 at 9:30 am (PST) and will be webcast live via the following link:http://customer.talkpoint.com/LEHM002/030805a_rk/ default.asp?entity=CaptivaSoftware. This link will also lead to a replay available immediately after the webcast through June 9, 2005. The link and presentation will also be made available on the Captiva web site in the investor relations section at www.captivasoftware.com/Investors/.

Mr. Bish will also conduct one-on-one meetings with investors and analysts throughout the day. Interested parties should contact the MKR Group at 818/556-3700 to schedule a meeting.

More information on the Lehman Brothers Global Software, IT Services and Internet Conference can be found at www.lehman.com/conferences/2005SoftwareITServices.

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, 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 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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