Interwoven Sets New Standard for Ease-of-Use in Content Management; Entire Enterprise Workforce Now Mobilized with TeamSite and TeamSite Templating 5.0.

Business Editors/High-Tech Writers

NEW YORK--(BUSINESS WIRE)--April 19, 2001

Interwoven, Inc. (Nasdaq:IWOV), the leading provider of enterprise-class content management software, today announced the release of Interwoven TeamSite 5.0 and TeamSite Templating 5.0 software. Interwoven TeamSite is Content Infrastructure software for managing diverse Web assets, including database and file system content, application code and XML. TeamSite Templating provides enterprise-class functionality for the capture, management, re-use and presentation of XML content.

With the 5.0 release, Interwoven has raised the bar on ease-of-use. Now enterprises can effectively mobilize their entire workforce on the Web, regardless of technical skill and organizational role.

Key product attributes include:

-- WebDesk -- single-click content access for all contributors

-- Email Interface -- single-click content collaboration and approval for
business managers

-- WYSWYG Templating -- browser-based rich text editing for leveraging
enterprise investments in MS Word.

WebDesk

For companies mobilizing their workforce on the Web, ease-of-use is critical. WebDesk, with single-click content access, fulfills this need. A browser-based "all-in-one" interface, enables non-technical contributors to participate in any Web initiative.

"At Southern Company, our number one goal in Web publishing is to make the process as easy as possible for all of our non-technical contributors and to minimize the time required by our IT department," said Stan Hoptroff, manager internet architecture at Southern Company services. "The combination of being able to contribute and approve with an email hyperlink and the easy to understand, all-in-one-place design of the new WebDesk will make that goal all the more achievable."

Email Interface

Complementing single-click content access, Interwoven offers single-click collaboration with TeamSite's email interface. Eliminating the typical user training requirements of enterprise software, TeamSite's email interface enables non-technical staff, including management, to get involved in business-critical Web initiatives. Through single-click collaboration, Interwoven delivers on the promise of inclusive content entry. It's as easy as `get in, submit, get out.'

"The key to success of any eBusiness is the ability to move core business processes to the Web and increase their efficiencies by leveraging all resources including people," said Andy Warzecha, vice president at META Group. "Making it easy for business users to create, collaborate, and approve content via familiar tools (e.g., Word, email, etc.) is critical in the next generation of content management offerings. Organizations want products that can support the extended enterprise with intuitive interfaces that allow users creative license and minimum IT reliance."

Full WYSWYG Templating

With WYSWYG templating, Interwoven eliminates the chronic pain points associated with creating and editing content for the Web. TeamSite Templating 5.0 permits comprehensive HTML editing/formatting, including adding hyperlinks. Alternatively, non-technical users now cut and paste directly from their Microsoft Word documents without losing the rich-text formatting. For the first time, enterprises can leverage their enormous investment in MS Word directly onto the Web, while avoiding hidden and not so hidden costs of specialized content creation tools.

"BestBuy.com is using both TeamSite and Templating to manage both the creation of new content and the semi-automatic formatting of database content -- the ability to handle both structured and unstructured content is critical," said Greg Perry, manager of BestBuy.com content systems. "TeamSite's browser-based interface, along with the distributed email approval capabilities will provide us with the flexibility to extend broader access of TeamSite functionality across the organization. Our dynamic business environment absolutely requires this."

With the release of TeamSite Templating 5.0, Interwoven has bridged the gap between structured and unstructured content, providing an industry-first in ease of content contribution.

"Interwoven has built a content infrastructure product suite on par with the leading application and transaction infrastructure systems to leverage all enterprise resources onto the Web, whether it is people, technology or process," said Kevin Cochrane, vice president of product management at Interwoven. "Interwoven views content management as a critical component of Content Infrastructure and, in this area, we are dedicated to delivering ground-breaking functionality, customer-driven product innovation and continued customer satisfaction."

Interwoven TeamSite and TeamSite Templating is an integral element of Interwoven's Content Infrastructure product suite. For more information on Interwoven's newly announced Content Infrastructure platform, please visit http://www.interwoven.com/press/news/2001/0419cipr.html.

About Interwoven

Interwoven, Inc. (Nasdaq:IWOV) is the world's leading provider of content infrastructure software. Its content infrastructure product suite includes content aggregation, content collaboration, content management, content intelligence and content distribution. Its products are the de facto standard for over 700 Global 1000 companies including British Airways, General Electric, General Motors and Cisco Systems. Interwoven teams with the leading best-of-breed eBusiness application providers to provide customers an end-to-end platform for eBusiness. For more information on the fastest growing software company in Silicon Valley and its proven XML-based solutions, visit the Interwoven Web site at www.interwoven.com.