SUNNYVALE, Calif. - March 24, 2004 - Interwoven Inc. (Nasdaq: IWOV), the world's next-generation enterprise content management (ECM) company, today announced that it has been selected as one of KMWorld Magazine's "100 Companies That Matter in Knowledge Management" in 2004. For the third year in a row, KMWorld has commended Interwoven for demonstrating "Velocity of Innovation."

"As in previous years, the list was conceived as a way to identify some of the organizations leading the way in the knowledge economy," commented Hugh McKellar, editor-in-chief of KMWorld. "Interwoven continues to demonstrate industry vision by providing innovative enterprise content solutions for customers across all industry segments, and we found it important to again include them in our list in 2004."

The list was compiled informally through discussions with knowledge management practitioners, theorists, vendors, customers, analysts and editors. Each company either helped to create a market, redefine one or enhance one, and they all share one thing-velocity of innovation. The purpose of the list is to generate interest in and discussion about knowledge management tools and services, and will be featured in KMWorld's April 2004 issue.

"We are pleased to once again be recognized by KMWorld as a leading provider of enterprise content management solutions to more than 2700 organizations worldwide," said Martin Brauns, chairman and CEO of Interwoven. "Interwoven continues to listen to our customers' needs by building on a solid foundation of market-leading best-of-breed products, a best-integrated platform, and a vision for the future of content management - Content Networks."

Information about the "100 Companies" list is available online at www.kmworld.com/100.cfm. The leading information provider serving the Knowledge, Document and Content Management systems market, KM World informs more than 56,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance. Interwoven, Inc. is the world's next-generation enterprise content management (ECM) company. Interwoven's patented, award-winning ECM platform integrates the six pillars of content management: collaboration, e-mail management, document management, Web content management, digital asset management, and records management. Allied with the leading enterprise application providers, the Interwoven ECM platform provides complete, end-to-end content management for more than 2,700 organizations worldwide including Air France, Citibank, Ford, General Electric, Jones Day, Pfizer, Procter & Gamble, and Yamaha. For more information visit www.interwoven.com.tw.