Interwoven Extends XML Leadership with Architecture based on Native XML-Object Model

Sunnyvale, CA. - June 12, 2001 - Interwoven, Inc. (Nasdaq: IWOV), the leading provider of Content Infrastructure, today announced the release of TeamXML software, its groundbreaking XML repository. TeamXML responds to the pressing market need for a product that accelerates XML adoption across all enterprise Web properties. By leveraging TeamSite's hybrid-architecture customers can now realize the benefits of XML without the drawbacks of content retrofit.

Key product attributes include:

· Architectural Flexibility - Incremental XML adoption permits controlled migration

· Parametric Search - Hierarchical discovery model provides unprecedented ease-of-use

· Native Object Model - Infrastructure scalability permits ubiquitous XML adoption

"XML is unquestionably the future of the Web, but moving existing content to an XML format remains a challenge for enterprises," said Robert Perry, senior analyst at Yankee Group. "Interwoven's hybrid architecture and new TeamXML provides a clear means for companies to reap the benefits of componentization and reuse that XML brings, and will drive XML as a key component of enterprise IT infrastructures."

Until now the "all-or-nothing quality" of first-generation XML architectures meant a daunting content retrofit challenge, made inevitable by crippling implementation delays. Benefits were potentially realized very late in a costly, time consuming transition or sometimes not at all. Now with TeamXML, customers can realize content re-use benefits immediately. TeamXML allows customers to migrate individual Web assets, or even components of assets, to XML as circumstances dictate. This managed adoption maximizes upfront benefits and minimizes upfront costs.

"XML is a key component of our Web strategy moving forward because it will allow us to both improve consistency and our ability to reuse content," said Darren Houle, senior Web developer, Health First, Inc. "We are pleased that Interwoven is extending Content Infrastructure with TeamXML, which will allow us to harness the power of XML at our own pace without disruption to our ongoing initiatives."

Another common limitation of ePublishing-centric XML systems is inadequate search. Unable to locate existing content, contributors are often forced to recreate that content, which not only hurts the team's productivity but also impairs all-important content consistency between the various enterprise Web properties. Addressing this challenge head-on, TeamXML offers a discovery model based on parametric search that provides unprecedented ease-of-access to reusable content components.

Finally, enterprises are often frustrated in their plans to scale XML use because the prevailing ePublishing architectures do not permit storage of XML objects in native form. With the introduction of TeamXML, customers can now store all XML content natively. This important attribute boosts performance and increases scalability.

"In close cooperation with our enterprise customers, and with the triple goals of accelerated adoption, ease of use and enterprise scalability, we set out to deliver a next-generation XML repository," said Kevin Cochrane, vice president of product management. "In TeamXML we have delivered on that promise, preparing the way for the rapid, widespread adoption in content infrastructure systems across enterprises worldwide."

Interwoven has been an XML pioneer having implemented the popular standard throughout all elements of its Content Infrastructure product line. Interwoven is also an active participant in leading standards bodies including W3C, OASIS, and IETF.

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, Cisco Systems, General Electric, General Motors and Philips. 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.tw .