Interwoven Leads in Vision and Ability to Execute

SUNNYVALE, California - September 6, 2001 - Interwoven, Inc. (Nasdaq: IWOV), the leading provider of Content Infrastructure, today announced that it has been listed as a Web content management leader for its vision and ability to execute in Gartner's Web Content Management (WCM) Magic Quadrant report for 2001.*

"Gartner's analysis of the WCM market and its listing of Interwoven as a "Leader" recognizes Interwoven's proven track record," said John Van Siclen, senior vice president and COO of Interwoven. "We have worked hand- in-hand with the most forward-looking companies to Web-enable their business, and our technical innovation is critical to maintaining leadership in this industry. Our strategy is to continue to take command of the content management market."

Since the beginning of the year, Interwoven has demonstrated its market and technology leadership in a variety of areas, including:

- The announcement of Content Infrastructure, a new product suite that includes TeamSite 5.0, TeamSite Templating 5.0, OpenDeploy 5.0, MetaTagger 2.1, OpenChannel, TeamXML, OpenSyndicate software.

- The announcement of the PortalReady Partner Program that includes partners such as BEA, Bowstreet, Corporate Yahoo!, DataChannel, Epicentric, IBM, PeopleSoft, Plumtree, Sun/iPlanet, Sybase and TIBCO.

- The introduction of the PortalReady SDK, an open, standards-based interface for rapidly integrating portal software with Interwoven's Content Infrastructure.

- Recent industry honors and awards include: CMP Media Group's Computer Reseller News E-Star award recognized Interwoven as the top content management vendor; Forbes ASAP listed Interwoven as the only enterprise-class content management provider on its ranking of fast growing firms that were deemed the top 20 "Ramp Champs."

Claiming 43 of the Fortune 100 companies, Interwoven has added more than 150 new customers to its portfolio in 2001.

"Web content management is the core platform for enabling successful eBusiness today," said Mark Gilbert, Research Director, Gartner, Inc.

Note
* Gartner's Magic Quadrant positions vendors in a particular market segment based on their vision and ability to execute that vision. Leaders are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market. Gartner does not advise enterprises to select only those firms in the Leaders segment. In some situations, firms in the Visionary, Challenger, or Niche Player segments may be the right match for an enterprise's requirements.

Gartner's permission to quote its Magic Quadrant should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner's opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner-defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources and the reader should not rely solely on the Magic Quadrant for decision-making. Gartner expressly disclaims all warranties, express or implied of fitness of this research for a particular purpose.

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 2000 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 one of the fastest growing software companies in Silicon Valley and its proven XML-based solutions, visit the Interwoven Web site at www.interwoven.com.tw.