SUNNYVALE, Calif. - April 18, 2005 - Interwoven, Inc. (Nasdaq: IWOV), provider of Enterprise Content Management (ECM) solutions for business, today announced that it has been named one of the 100 "Best Places to Work in the Bay Area for 2005" by The San Jose/Silicon Valley Business Journal, The San Francisco Business Times and The East Bay Times. Interwoven received the prestigious award based on an overwhelming response from employees who gave the company high marks in a number of areas including corporate culture, company policies, trust in senior management, and feeling valued.

In select company, Interwoven was one of the top ten high-technology businesses that made the list for its proven success in attracting, retaining, and engaging high-quality employees through positive working conditions, benefits, and a strong corporate culture. 

"I am extremely honored that Interwoven has been recognized as an outstanding place to work," says Martin Brauns, chairman and CEO of Interwoven. "To maintain the leadership position we've achieved within the Enterprise Content Management market, it takes an exceptional collective effort from highly-skilled and devoted employees. We recognize that our employees truly are our most valuable asset and we're committed to rewarding this talent by consistently improving upon the benefits we offer, as well as creating a supportive working environment that fosters creativity, hard work, leadership and respect."

The annual list was compiled based on results from a survey of more than 105,000 Bay Area workers across industries in Alameda, Contra Costa, Marin, San Francisco, San Mateo, Santa Clara, Santa Cruz and Salono counties. Over 400 entries were received for this year's award, making the selection of winners a difficult process.

"Even in the most challenging times, there were some companies that never took their eyes off the importance of investing in their most valuable assets - the ones that walk out the door at 5 o'clock (or later) every evening," said Mary Huss, publisher of The San Francisco Business Times. "These companies know that an engaged workforce is a productive workforce, and ultimately that has a positive impact on the bottom line. There is much to be learned from these companies."

Winning companies were evaluated based on employee responses to a 40-question satisfaction survey on a range of topics including work climate and culture, management practices, and specific policies and benefits. Employee responses were entirely anonymous. Specific questions focused on whether and how the company encourages, supports, and recognizes achievement; open communication; fairness of compensation; and relationships with coworkers and immediate supervisors. To be eligible for the Best Places to Work list, completed questionnaires were needed from at least 50 percent of a company's employees.

"At Interwoven, our people are the primary focus since every individual role and contribution are vital to our continued success," said Doreena Ross, senior vice president of human resources at Interwoven. "People come to Interwoven because of our energy and passion for what we do, as well as the richness of our culture. We are committed to creating an environment that not only enriches employees lives while they are at work, but one that also fosters a strong sense of satisfaction and self-reward they can take home each day."