ADVISORY/FileNET CEO Lee D. Roberts to Review the Company Strategy and Financial Growth on Upside FN.

News/Assignment Editors

ADVISORY...for Tuesday (Feb. 27)

--(BUSINESS WIRE)

Feb. 26, 2001

When:           Tuesday, Feb. 27, at 9:20 a.m. EST

Who:            Lee D. Roberts, CEO, FileNET Corp. (Nasdaq:FILE)

What:           Roberts will discuss the on-going development of
                FileNET's eProcess Management software solutions and
                review the company's strong fiscal performance with
                Upside FN's reporter Don Patrol. FileNET's products
                help organizations use the Web to manage business
                processes and related content, linking customers,
                business partners and employees to help increase
                productivity, customer satisfaction and revenue.

                FileNET reported record results for the fourth quarter
                and the year 2000. Revenue was $111.6 million for the
                quarter ended Dec. 31, 2000, an increase of 19 percent
                from the fourth quarter ended Dec. 31, 1999. For the
                year ended Dec. 31, 2000, revenue was a record $398.6
                million, an increase of 15 percent from the $347.1
                million reported for the year ended Dec. 31, 1999.

                Visit www.UpsideFN.com to listen to the live webcast.

About FileNET:  FileNET Corp. (Nasdaq:FILE) provides The Substance
                Behind eBusiness(TM) by delivering eProcess management
                software solutions. FileNET enables organizations
                around the globe to increase productivity, customer
                satisfaction, and revenue, by linking customers,
                business partners, suppliers, and employees through
                efficient and flexible eBusiness processes. With
                headquarters in Costa Mesa, Calif., the company
                markets its innovative solutions in more than 90
                countries through its own global sales, professional
                services, and support organizations, as well as via
                its ValueNET(R)Partner network of resellers, system
                integrators, and application developers. Founded in
                1982, the company reported record revenues of $398.6
                million for the year ended Dec. 31, 2000. To put more
                substance into your eBusiness, visit FileNET's Web
                site at www.filenet.com or call 800/FileNET.

Contact:        Peter Hargittay
                FileNET Investor Relations
                714/327-3405
                [e-mail]

                Kimberly Armstrong
                FileNET Public Relations
                714/327-5041 (direct)
                [e-mail]