BELLEVUE, Wash., March 18 /PRNewswire-FirstCall/ -- Captaris, Inc. (NASDAQ:CAPA), a leading provider of software products that automate document-centric processes, confirmed receipt of an unsolicited proposal from Vector Capital, a private equity firm, to acquire all of the Company's outstanding shares for $4.75 per share. As previously announced on March 17, 2008, Captaris' Board has established a special committee of independent directors to evaluate strategic alternatives to further enhance shareholder value. Captaris announced that it will review Vector's proposal as a part of its evaluation of strategic alternatives. Bruce L. Crockett, Chairman of the Board, stated, "We are committed to an expeditious process to identify and pursue the alternative that best enhances value for all our shareholders. The Board of Directors of Captaris, in consultation with its independent advisors, will carefully consider and review Vector Capital's proposal together with all other proposals developed during this process." The Company has retained RBC Capital Markets as financial advisor; in addition to RBC, Credit Suisse continues to be engaged as financial advisor to the Company. Perkins Coie LLP and Simpson Thacher & Bartlett LLP are acting as the company's and the Board's legal advisors. About Captaris, Inc. Captaris, Inc. is a leading provider of software products that automate document centric business processes. Captaris specializes in document capture, recognition, routing, workflow, and delivery. Captaris integrated solutions provide interoperability with leading line of business applications and technology platforms. Captaris products include RightFax, Captaris Workflow, Alchemy, FaxPress, DOKuStar, RecoStar, Single Click Entry, and ID- Star which are distributed through a global network of leading technology partners. Captaris customers include the entire Fortune 100 and the majority of Global 2000 companies. Headquartered in Bellevue, Washington, Captaris was founded in 1982 and is publicly traded on NASDAQ Global Market under the symbol CAPA. http://www.captaris.com/. The following are registered trademarks and trademarks of Captaris: Captaris, Alchemy, RightFax, FaxPress and Captaris Workflow. RecoStar, DOKuStar, ID-Star and Single Click Entry are trademarks of Captaris Document Technologies GmbH. All other brand names and trademarks are the property of their respective owners. CONTACT: Investors, Peter Papano, Captaris, Inc., +1-425-638-4200, ; or Todd Kehrli, MKR Group, Inc., +1-323-468-2300, ; or Tim Lynch, Joele Frank, Wilkinson Brimmer Katcher, +1-212-355-4449, /Web site: http://www.captaris.com/ DATASOURCE: Captaris, Inc. CONTACT: Investors, Peter Papano, Captaris, Inc., +1-425-638-4200, ; Todd Kehrli, MKR Group, Inc., +1-323-468-2300, , or Tim Lynch, Joele Frank, Wilkinson Brimmer Katcher, +1-212-355-4449, , both for Captaris, Inc. Web site: http://www.captaris.com/

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