Interwoven and Cap Gemini Ernst & Young Team to Move Canada's National Credit Union Consortium to the Web

Sunnyvale, CA - September 24, 2001 -Interwoven, Inc. (Nasdaq: IWOV), the leading provider of Content Infrastructure, today announced that Vancouver-based Inovera Solutions has launched Inovera Connect using Interwoven's family of products. Focused on becoming the leading provider of comprehensive, customized online financial service solutions to individual credit unions across Canada, Inovera Solutions realized the need for a complete Content Infrastructure that enables contributors in multiple locations to easily add content of all types.

"Each credit union has their own unique brand and a key element of that is content. In order for Inovera Solutions to be successful, we have to build a common solution that allows each credit union to retain its own identity online. Our objective is to provide the credit unions with as much flexibility as possible in managing their version of the Inovera product," said Stephen Midgley, general manager at Inovera Solutions. "Interwoven will provide our clients (credit unions) with the ability to easily manage their own content no matter where they are located."

Interwoven's Content Infrastructure will allow Inovera to reduce fixed operating costs as large credit unions are then enabled with a competitive online solution at a fraction of what it would cost if they were to do it on their own. Instead of having a number of staff at Inovera managing content, Inovera has hired a single developer who will be responsible for the technical Web developing and managing the Interwoven product for our clients. The use of Interwoven's product suite means that clients do not require additional technical staff to manage their content.

Inovera Solutions partnered with Cap Gemini Ernst & Young (CGEY), one of the largest management and IT consulting firms in the world, to architect and deliver a world-class eBusiness solution for its specific needs.

"Interwoven's Content Infrastructure simply offered us the best solution in terms of integration, deployment and interfaces, and it enabled us to deliver a total eBusiness product for our client, Inovera Solutions," said Barry Rivelis, managing director of DareStep Canada at Cap Gemini Ernst & Young.

The Interwoven product suite was selected by CGEY as a best fit solution to provide an automated environment for deploying content and business applications to Inovera Solutions" eBusiness infrastructure.

"Inovera currently provides Canadian credit unions with a sustainable and competitive online financial services solution," said Joe Ruck, senior vice president of marketing at Interwoven. "Interwoven's Content Infrastructure enables them to do this far more cost effectively than building their own solution while easily allowing them to maintain brand control and meet the specific business needs of the individual credit unions they service."

About Inovera Solutions
Inovera Solutions is focused on becoming the leading provider of comprehensive, customized online financial service solutions to individual credit unions across Canada. Through centralized web development, Inovera is able to provide credit unions with a sustainable and competitive online solution, while reinforcing their community identity, far more cost effectively than building their own in-house solution.

Based in Vancouver, British Colombia, Inovera is an eCommerce joint venture between VanCity Savings, Coast Capital Savings, Surrey Metro Savings and Credit Union Central of British Colombia. For more information, visit the Inovera web site at www.inovera.ca.

About Cap Gemini Ernst & Young
Cap Gemini Ernst & Young is one of the largest management and IT consulting firms in the world. The company offers management and IT consulting services, systems integration, and technology development, design and outsourcing capabilities on a global scale to help businesses continue to implement growth strategies and leverage technology in the new economy. The organization employs about 60,000 people worldwide and reports global revenues of about 8.5 billion euros (2000 pro forma).

More information about individual service lines, offices and research is available at www.ca.cgey.com.

About Interwoven
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.