Nine Leading B2B Exchanges Already Using Interwoven: RetailersMarketExchange, PaperExchange, ChipCenter, Maxtrad, Global Sources, MetalMaker, Channel Point, Solutions.com and Big Machines

SUNNYVALE, Calif., August 16, 2000 - Interwoven Inc. (Nasdaq: IWOV), the leading provider of enterprise-class content management solutions, today announced the launch of its new B2B Division, focused on serving the specialized customer needs and requirements of the rapidly growing market for online B2B exchanges and marketplaces including the rapidly growing problem of supplier enablement. The Interwoven B2B Division will leverage Interwoven's domain expertise in content management, combined with best-of-breed eBusiness enabling solutions from partners in supply chain management, sellside and buyside eCommerce and exchange infrastructure, to create new and specialized solutions for customers in this market. (See separate announcement on Interwoven's partnership with webMethods).

"We're pleased to see Interwoven invest and address the needs of users in this business," said Bruce Richardson, senior vice president, AMR Research. "As exchanges build out, they will increasingly be concerned with managing and syndicating content across multiple trading partners. Interwoven, with its global resources, open and scaleable product suite, and customer support capabilities, is perfectly positioned to be a major player in this space."

By 2004, AMR estimates that total B2B transactions will hit $2.7 trillion, underscoring the explosive nature of the business.

Online exchange and marketplace customers who have already standardized upon Interwoven's content management platform include RetailersMarketExchange, PaperExchange, ChipCenter, Maxtrad, Global Sources, MetalMaker, Channel Point, Solutions.com and BigMachines. Interwoven also counts in its blue-chip customer roster major brick and mortar companies such as Cisco, General Electric, General Motors, John Deere, and Compaq. Many of these global powerhouse customers are building their B2B presences on a parallel track, broadening their traditional online business models to include participation in exchanges and marketplaces.

"As exchanges and marketplaces mature, they are rapidly discovering significant problems in building, managing and delivering content among their trading partners on all fronts including supplier enablement," said John Van Siclen, senior vice president of corporate development at Interwoven. "By building on our success at leading Fortune 500 companies, Interwoven provides a scalable and open content management architecture for enterprise participants in the burgeoning B2B market." (See separate announcement detailing Interwoven's Content Interchange framework.).

The new Interwoven B2B division will focus on initiating and expanding partner relationships marrying content management with other enabling technologies, such as supply chain automation, buyside and sellside eCommerce and B2B infrastructure, as well as new Interwoven products and services for this market. Industry veteran Frank Florence will head up this division as vice president of B2B strategy. (See earlier release ).

"Interwoven has an unparalleled track record in enterprise-class content management with blue-chip customers around the world," said Florence. "Within our new B2B team we look forward to aggressively extending that core success in supporting the unique content needs of this rapidly expanding marketplace."

Interwoven, Inc. (Nasdaq: IWOV) is the leading provider of enterprise-class content management solutions. Its flagship product, TeamSite, controls the development, management and deployment of business-critical Web sites. Interwoven solutions are based on an inclusive content architecture that empowers all content contributors and leverages diverse Web assets including XML, Java, rich html, multimedia and database content. TeamSite is available for the Sun Solaris operating system and Microsoft NT and Windows 2000 platforms. 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