Former IBM Executive to Run Interwoven's Worldwide Sales Organization

SUNNYVALE, Calif. - July 10, 2002 - Interwoven, Inc. (Nasdaq: IWOV), the leader in Enterprise Content Management, today announced the appointment of Thor Culverhouse as senior vice president of worldwide sales reporting directly to Interwoven President and COO, John Van Siclen. Mr. Culverhouse replaces Mike Backlund who is leaving Interwoven to pursue personal interests. Culverhouse will have ultimate responsibility for all aspects of sales for Interwoven, including all worldwide sales operations, sales revenue, and account management goals.

"I am very pleased to have someone of Thor's stature join the Interwoven executive team," said John Van Siclen, president and COO of Interwoven. "He brings to Interwoven a proven track record of managing a global enterprise solution sales force as well as a strong background in the channel and the SMB marketplace."

Culverhouse has more than 15 years of experience in the technology industry, most recently at IBM Corporation where he served as IBM's vice president, SMB & Channel Sales, Data Management. Working closely with IBM's global business units, Mr. Culverhouse was responsible for direct and channel sales internationally within the enterprise software space, including companies such as SAP, PeopleSoft, Siebel, Ariba, and JD Edwards.

"I am very excited to join a company that has gained such tremendous market momentum and industry recognition for both its products and its stellar customer base," said Thor Culverhouse. "I look forward to taking Interwoven's already successful sales organization to an even higher level, building on its strength in the enterprise arena and helping to shape strategies to go after new markets in the future."

Prior to IBM, Mr. Culverhouse's executive technology experience included Informix and Tektronix, among others, in various executive sales and business development roles. While at Informix, Culverhouse served as vice president of North American sales, and at Textronix he was business development manager responsible for sales efforts throughout the US, Canada, and South America.

Mr. Culverhouse holds an MBA from the University of Portland as well as a BS in Electrical Engineering from Washington State University.

About Interwoven
Interwoven, Inc. (Nasdaq: IWOV) is the world's leading provider of Enterprise Content Management software. The Interwoven 5 platform provides complete content lifecycle services 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 .

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