UGGC & Associés advises the shareholders of the company SWT for its take over by the company Captiva Softwares Inc

Captival Software Corporation Inc, a US company listed on the NASDAQ stock market and global leader in software solutions for the management of company incoming documents, have recently announced that they have acquired French company SWT SA for an estimated USD 20.3 million. In 2004, the turnover of SWT SA was in excess of EUR 6.95 million and the company is an substantial European leader on the market of incoming document management, employing over 80 staff worldwide. It holds a strong position on the French market, as well a on both the Spanish and UK markets. SWT SA has been a technological partners of Captiva since 2002 in connection with these data dematerialization technologies and solutions. Captiva products automate the processing of billions of documents, changing their content into information that can be used by any other document, content or data base management system, in industry sectors such as insurance, banking, financial institutions… And with SWT SA products, automatic extraction of data and electronic management of documents is made possible, and they offer to companies various technologies allowing them to do away with any manual processing and management of paper documents. In July 2002, SWT SA had sold shares in its capital to three capital investors: Matignon Investissement et Gestion, SPEF Venture and BNP Private Equity. Thanks to these investors, SWT group managed to expand worldwide. The present sale allows all SWT group shareholders (management and financial investors) to make a good operation. UGGC & Associés were acting as counsels to the financial investors in this transaction with attorneys Charles-Emmanuel Prieur and Anne Lafont in charge.