SUNNYVALE, Calif. - December 12, 2001 - Interwoven, Inc. (Nasdaq: IWOV), a leading provider of Content Infrastructure, today announced the release of MetaTagger 3.0 software which provides Global 2000 enterprises with an advanced enterprise metadata solution enabling them to effectively and accurately reuse and repurpose content across any and all initiatives, including enterprise portals, eCommerce and search.

Faced with mushrooming content volumes, enterprises struggle with labor-intensive creation of taxonomies, manual tagging of assets and lack of integration with a content management system. Other tagging solutions in the marketplace today provide limited accuracy and are constrained in the volume of content they can handle effectively. Customers are demanding an accurate, scalable metadata solution for their pressing portal, eCommerce and search initiatives across the enterprise. With MetaTagger 3.0, Interwoven delivers the only complete solution that automatically and accurately captures, classifies and controls metadata enterprise-wide. MetaTagger 3.0 includes automated taxonomy discovery including a visual vocabulary builder, automated tagging and seamless integration with Interwoven's Content Infrastructure products including TeamSite, TeamSite Templating and OpenDeploy software.

"Despite large investments in major initiatives, enterprises are still faced with the daunting challenge of effectively reusing, repurposing and searching large volumes of unstructured content," said Michael DeBellis, eBusiness CTO at Deloitte Consulting. "Interwoven MetaTagger 3.0 is crucial for enterprises to maximize their existing investments in enterprise initiatives including portals, search and syndication by providing a complete metadata solution."

Key MetaTagger attributes include:

Automated Taxonomy Discovery and Visual Vocabulary Builder

MetaTagger examines collections of legacy content and automatically discovers a custom taxonomy. To match any unique enterprise business need, MetaTagger provides a visual environment to easily search, edit and tune these custom-generated taxonomies. This attribute provides customers with the ability to easily edit existing vocabularies or build new ones from scratch.

Automated Inference and Rules Driven Business Content Tagging

MetaTagger's unique ability to automatically tag content based on recognition, classification and predefined business rules, enables businesses to quickly capture and classify complete metadata for all content. Interwoven's unique hybrid metadata approach, leveraging the best technologies of inference and rules based tagging, delivers the industry's most complete and precise metadata for all assets.

Seamless Integration

An essential part of Interwoven's Content Infrastructure, MetaTagger ensures that customers can apply metadata consistently across the enterprise and immediately begin to yield the benefits of improved content reuse.

"Customers today are looking for a metadata solution that provides both accuracy and the ability to scale across their largest initiatives such as portal, search and eCommerce," said Kevin Cochrane, vice president product management at Interwoven. "With MetaTagger 3.0 and its breadth of features, customers now have the industry's most advanced solution to provide consistent and precise tagging of all assets - all in one product."

MetaTagger 3.0 strengthens Interwoven's extensive metadata solution by extending leading-edge technology to automatically apply complete and consistent metadata to content. With additional features like content summarization, keyword generation and flexible browser-based review and editing, MetaTagger 3.0 offers an extraordinary set of features in a single product seamlessly integrated with Interwoven TeamSite.

Today Interwoven also announces new technology alliances with leading search vendors AltaVista, Inktomi and iPhrase.

For more information on Interwoven MetaTagger please visit http://www.interwoven.com.tw/services/training/includes/metatagger.html

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 more than 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 Interwoven and its proven XML-based Content Infrastructure solutions, visit the Interwoven Website at www.interwoven.com.tw .