Enterprise-Class Content Management Functionality to be Accessible Directly from XML-based Enterprise Information Portal Application Interface to Streamline Development

SUNNYVALE, Calif and BELLEVUE, WA November 16, 2000 - Interwoven (Nasdaq: IWOV) and DataChannel announced today an alliance to integrate DataChannel's Enterprise Information Portal Server, DataChannel Server (DCS) 4.1 with TeamSite 4.5, Interwoven's enterprise-class content management platform. The integration will bring together the critical functions of content management and content presentation and interaction. The companies have also agreed upon a jointly developed road map that tightly couples the unique functionality of their respective products.

"The criticality of having relevant, categorized content on B2B, B2C, and B2E portals is driving tight integration between portal and content management solutions," said Craig Roth, program director with META Group. "A successful portal publishing process must include an effective method for users to categorize information within a manageable framework that automates content production without the traditional webmaster bottleneck."

The combined offering will serve two classes of users, content contributors and the targeted users who access the final version of that content. First, TeamSite content authors and editors will now be able to access critical TeamSite software functionality, including TeamSite Templating and metadata tagging, through a consolidated and personalized application interface via DataChannel's Enterprise Information Portal. Participants in the content management process will also be able to see their workflow action items and timelines in their own personalized "queue". To enable this, all TeamSite users will be automatically logged-on to TeamSite through an intelligent DataChannel Xpertlinx when they authenticate through DCS. This single sign-on capability will provide direct authentication to personalized TeamSite workspaces.

Secondly, the joint solution will greatly impact the targeted users who access content in its final form. The DataChannel Enterprise Information Portal provides access to content that is targeted to specific user needs. It also optimizes a user's interface to the numerous sources of information found throughout the enterprise and across the Internet. DCS creates the taxonomy, or organized layout, for content that is then appropriately tagged and published directly from TeamSite into the DCS portal.

"Teaming with DataChannel is a natural choice for us. Their open architecture and commitment to XML and other standards make their technology very compatible with our platform," said John Van Siclen, senior vice president of corporate development for Interwoven. "Equally important as our short-term technology fit, is a shared vision that the delivery of compelling, targeted content is key to success online."

"We've talked to a lot of companies and have found Interwoven to have a tremendous grasp on the future of content management and are mapping their solutions to the real needs of customers," said Lucie J. Fjeldstad, CEO and president, DataChannel. "This responsiveness to market requirements, along with their best-of-breed product offerings set Interwoven above the rest of the field. We are excited about the value we will both bring to our respective customers."

Founded in 1996 and privately held, DataChannel is the leading provider of Enterprise Information Portal (EIP) solutions. DataChannel's EIP solutions help companies better compete in the new economy by empowering their employees, partners and customers to quickly access the information they need – from the convenience of their desktops and wireless devices. DataChannel's new-generation XML-based EIP solutions are flexible and scalable to grow with a company's e-business needs. DataChannel's renowned XML and SGML expertise, professional services and key strategic partnerships help customers maximize the value of their information assets. DataChannel was the first EIP vendor to leverage XML as a central part of its DataChannel Server's open architecture, allowing companies to extend their existing investments in their legacy systems. Headquartered in Bellevue, Wash., DataChannel offers a comprehensive portfolio of products that are platform-, data- and device-independent. For additional information about DataChannel, please visit our Web site at www.datachannel.com or send an email to info@datachannel.com

Interwoven, Inc. (Nasdaq: IWOV) is the leading provider of enterprise-class content management software. 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. 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.

This press release contains "forward-looking" statements, including projections about our business, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense, and statements including words such as "expect", "plan", "estimate" or "believe," are forward-looking statements. These statements are based on information available to us at the time of the release; we assume no obligation to update any of them. The statements are not guarantees of future performance. Actual results could differ materially from our current expectations as a result of numerous factors, including our limited operating history, which makes it difficult to predict future performance, the fact that our market is new and customer acceptance of our products is not proven, and special difficulties associated with international expansion. These and other risks and uncertainties associated with our business are detailed in our annual report on Form 10-K and subsequent Forms 10-Q, which are on file with the SEC and available through www.sec.gov