MADCAP SOFTWARE RECOGNIZED BY CALIFORNIA INNOVATION CORRIDOR PARTNERS AS "INNOVATION ALL-STAR" AT STATEWIDE EVENT

Governor's Commission for Jobs and Economic Growth Provides California Innovation Awards Honoring Top Businesses

San Diego, CA, USA – April 18, 2007

— MadCap Software, the leader in multi-channel content authoring and a Microsoft (NASDAQ: MSFT) Visual Studio 2005 showcase company, today announced its selection as one of the California Innovation Corridor's 75 Innovation All-Stars. MadCap will be honored at the two-day California Tech 100 conference, April 24-25, at the Irvine Hilton/Orange County Airport.

The California Tech 100 is endorsed by the California Commission for Jobs and Economic Growth who will honor the top 15 Innovation All-Stars with the California Innovation Award for outstanding leadership in innovation during a special late afternoon ceremony on April 25.

"It is a great honor for us to have been named as one of the most innovative companies in the state by the California Innovation Corridor," said Anthony Olivier, CEO of MadCap Software. "Innovation is certainly at the core of everything we do at MadCap. We launched our flagship authoring product, Flare, in March 2006, just a year after founding the company. Today, 12 months later, Flare already is recognized as one of the top content authoring packages of choice, and thousands of documentation specialists are making the switch from outdated tools to Flare and our other groundbreaking solutions—Capture for image capture and editing, Mimic for creating software simulation movies, and Echo for creating educational podcasts. The reason is clear—we provide groundbreaking, innovative solutions that allow customers to leverage the latest in Web and software technologies and deliver unparalleled performance".

"We believe innovation and entrepreneurship are the drivers of economic growth in California," added Mark Mosher, Executive Director for the California Commission for Jobs and Economic Growth—a nonprofit corporation whose members are chosen by the Governor to advise him on how to expand jobs and economic growth in the state. "These Innovation All-Stars are models for our state."

About the California Innovation Corridor

Managed by the California Space Authority (CSA), and administered through the California Labor & Workforce Development Agency (LWDA), the California Innovation Corridor is one of the state's initiatives to foster innovation and includes more than 60 partner organizations throughout 13 counties. It was Corridor partners that reviewed nearly 300 nominees before reducing the list of 75 Innovation All-Stars.

Visit http://www.goldencapital.net/Events/OC_AllStarList.asp for a full roster of Innovation All-Star companies.

About MadCap Software

MadCap Software, headquartered in San Diego, is just a new name for a group of familiar faces that have been leading the technical writing community for over a decade. MadCap is home to some of the most experienced software architects and product experts in the industry, including many former core members of eHelp® Corporation, creators of RoboHelp®.

MadCap Software and its suite of tools are quickly becoming recognized as the new industry standard in multi-channel publishing, leading the world of content creation and delivery into the future. Today more than 1,000 companies including Microsoft (NASDAQ: MSFT) are customers of MadCap's native XML software for content authoring and multi-channel publishing. Learn more about MadCap Software and its documentation authoring suite at www.madcapsoftware.com.