Company Benefits from both Ease of Content Contribution and Efficient Content Discovery Through Automatic Metadata Tagging

SUNNYVALE, Calif. - June 17, 2002 - Interwoven, Inc. (Nasdaq: IWOV), the leader in Enterprise Content Management, today announced that Cadence Design Systems, Inc. (NYSE: CDN), the world's leading supplier of electronic design products and services, has implemented Interwoven TeamSite content management software and MetaTagger content intelligence software to power its public Internet and marketing/support sites.

As the world's largest supplier of electronic design technologies, methodology services, and design services, it was essential that Cadence select not only an easy-to-use solution that would allow knowledge workers to post content onto their sites, but also enable the automatic tagging of all content including HTML, graphics, video, and office documents.

"Cadence has more than 5,600 employees in over 30 locations. When you leave it up to individuals to supply metatags, you can anticipate a lot of errors that result in an inability to find the desired content," said Colette Askeland, group director, Information Technology CTO office. "Interwoven MetaTagger provides a consistent, easy-to-use format for classifying content. When you use a consistent format for applying metadata, you benefit from the frequent discovery of relevant information - as well as happier, more productive customers."

Interwoven MetaTagger categorizes and enriches content with metadata by automatically and accurately capturing, classifying and controlling metadata enterprise-wide, and ensures that business information is readily available to those who need it most. Capable of processing millions of assets, MetaTagger's highly scalable framework ensures that all enterprise content will be organized and described in a complete, consistent manner.

"Interwoven's products can be incorporated into our day-to-day working style to help us not only educate people through our online initiatives, but also to get the message out quickly and accurately while enjoying significant time savings," said Vianne Sha, knowledge architect at Cadence. "What people forget is that it's just as critical to find content on a site as it is to create it - and Interwoven MetaTagger helps us to solve this problem at Cadence."

MetaTagger Categorization Software Adds Value to Thousands of Cadence Data Files

Because Cadence changes product groupings from time to time, one of the main benefits of MetaTagger is that it enables the conversion of old metadata values to new values. Cadence's 250,000 files managed with TeamSite contain an even larger number of metatags. On a regular basis, MetaTagger manages the automatic conversion of metadata values into new metadata values. For example, in the old documents, Cadence has metadata embedded within the content itself such as product field, release field and other groupings of products. Over time, the old tags need to be altered to reflect changes in the company and its growing product lines. Without MetaTagger, Cadence knowledge workers would either need to write the programs to change the tags or manually change those values - a process that would take days to complete. Using MetaTagger, Cadence can automatically convert the product values in a fraction of the time.

"Enterprise content is constantly shifting and changing. What used to be a written office document is now a video clip that instructs a customer how to use a tool at Cadence," said Jack Jia, CTO of Interwoven. "MetaTagger, in conjunction with TeamSite, can manage those new and unique assets while applying appropriate, corporate-specific tags."

About Interwoven
Interwoven, Inc. (Nasdaq: IWOV) is the world's leading provider of Enterprise Content Management software. The Interwoven 5 platform provides a complete content lifecycle, including Content Processing, Content Management, Content Intelligence, Content Production and Content Distribution. Its products are used by more than 1000 global organizations including British Airways, Cisco Systems, General Electric, General Motors and Singapore Airlines. Interwoven teams with the leading best-of-breed enterprise application providers to provide customers complete, collaborative business enterprise solutions. Recently, Interwoven won Transform Magazine's "2001 Product of the Year" award for Enterprise Content and Collaboration Technology. For more information on Interwoven and its proven XML-based ECM solutions, visit the Interwoven Website at www.interwoven.com.tw .

Interwoven, TeamSite, TeamPortal, TeamCode, TeamDoc, the taglines, logo and service marks are trademarks of Interwoven, Inc., which may be registered in certain jurisdictions. All other trademarks are owned by their respective owners. Copyright 1996-2002 Interwoven, Inc. All rights reserved.