Partnership of Web Leaders Will Help Customers Accelerate Time to Web

SUNNYVALE, Calif., November 15th, 1999 - Interwoven Inc. (NASDAQ: IWOV), a leading provider of content management software for the enterprise Web, today announced an alliance with Cisco Systems, Inc. (NASDAQ: CSCO), the worldwide leader in networking for the Internet. Under the agreement, Interwoven will team with Cisco to co-develop Web content management best practices, align market strategies and jointly market solutions to customers. The combination of Interwoven's TeamSite Web content management system and Cisco's Internet Business Solutions provides a robust infrastructure for customers to optimize and accelerate their transformation to eBusiness.

"The ability to manage and publish content from disparate sources across the enterprise is a key requirement for becoming a globally connected organization," said Sue Bostrom, vice president of the Cisco Internet Business Solutions Group. "The Interwoven solutions, with their open architecture and secure transfer capabilities, are an important addition to the ways we can help customers accelerate their online initiatives and rapidly move to using the Internet to re-architect their businesses."

The synergy between Cisco and Interwoven creates a combined domain expertise in helping customers build and maintain world-class Web sites. Interwoven will benefit from Cisco's Internet business technology experience as well as its market leadership in networking products and services. Both companies will benefit through joint technical development and integration.

TeamSite software is an enterprise-class content management system which allows companies to empower subject matter experts from across the organization to contribute directly to Web sites while still maintaining central control. Because TeamSite has an open architecture, it integrates with existing data repositories and any application server or personalization engine. TeamSite's companion product, OpenDeploy allows secure, transactional transfer of content from the development environment to any number of production servers.

"Today's enterprise wants to adopt proven best-of-breed internet technology in order to leverage existing resources," said Joe Ruck, vice president of marketing for Interwoven. "This partnership with Cisco emphasizes Interwoven's leadership position in content management and allows us to demonstrate our effectiveness to a greater number of companies side by side with Cisco."

Interwoven, Inc.(NASDAQ: IWOV) is a leading provider of content management for the enterprise Web. Its flagship product, TeamSite, controls the development, management and deployment of business-critical Web sites. As the platform for eBusiness, Interwoven enables electronic commerce, customer relationship management, supply chain management and knowledge management for Web leaders and Fortune 1000 companies moving to the Web. TeamSite is available for both the Sun Solaris and Microsoft NT operating systems. For more information on the company and its software solutions, visit the Interwoven Web site at www.interwoven.com.tw or e-mail info@interwoven.com