Leading Outsourcer Selects Captiva's Input Management Software to Improve Productivity; Resolve Corporation to Use FormWare and
November 01 2005 - 6:30AM
Business Wire
Captiva Software Corporation (NASDAQ:CPTV), a leading provider of
input management solutions, today announced that Resolve
Corporation, a leading business process outsourcer (BPO) in North
America, has selected Captiva's FormWare(R) and InputAccel(R)
software to capture and process information from approximately 2.5
million forms and documents annually. The value of the contract to
Captiva is in excess of $250,000. Resolve will implement the
solution to capture and transform information from new account
enrollments, loan and credit card applications, customer loyalty
programs, health plan administration and other forms and documents
into electronic data for its customers. By automating the input
management process, Resolve will be able to reduce costs, increase
productivity and speed the delivery of information to its
customers. "Resolve sought a solution that would allow it to
automate the data extraction process, increase data accuracy and
improve service to its customers," said Howard Dratler, Captiva's
Executive Vice President of Field Operations. "By utilizing
FormWare and InputAccel, Resolve will be able to realize these
goals." InputAccel transforms mission-critical data from documents
into business-ready digital content and FormWare manages
business-critical information from forms into enterprise systems.
By delivering accurate, timely and usable data, InputAccel and
FormWare offer users reduced operating costs, improved information
quality and accelerated business processes. About Resolve
Headquartered in Toronto, Canada, Resolve Corporation is one of
North America's leading providers of business process outsourcing
(BPO) and marketing support services. BPO services include customer
acquisition and response, new account and application processing,
contact center services, production and printing, receivables
management and claims management. Marketing support services
include business-to-business fulfillment, consumer fulfillment,
pharmaceutical sales support, educational publishing, web-based
services, direct mail and print on demand. The company's breadth
and depth of resources give Resolve recognized credibility in its
markets. More information can be found at
www.resolvecorporation.com. About Captiva 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. FormWare and InputAccel are registered
trademarks 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 the benefits of
new products or market trends, any projections of earnings or
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 or new products, services or
developments; any statements regarding future economic conditions
or performance; and 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 the Company's 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. These and other risks and factors that could
cause our results to differ from those expressed or implied by such
forward-looking statements are described in Captiva Software
Corporation'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.
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