Companies Work Together to Integrate Interwoven TeamSite with Bluestone Total-e-Business

SUNNYVALE, CA. and Mount Laurel, N.J., November 3rd, 1999 - Interwoven, Inc. (NASDAQ: IWOV), a leading provider of content management software for the enterprise Web, and Bluestone Software, Inc. (NASDAQ: BLSW), a leading provider of Enterprise Interaction Management software, today announced a strategic alliance in which the two companies will work together to seamlessly integrate Interwoven TeamSite and Bluestone Total-e-Business. This alliance will allow Bluestone to offer Interwoven TeamSite's advanced Web content management capabilities to Bluestone customers building e-business solutions.

Bluestone Total-e-Business is designed to meet the diverse needs of e-business, putting business experts from operations, sales, marketing, and finance in control of key business functions, while allowing IT professionals to focus on technical performance and security demands. Through its alliance with Interwoven, Bluestone will add the proven functionality of TeamSite, providing an advanced, robust content management system to this comprehensive e-business solution. TeamSite features, such as templating and workflow, will allow Total-e-Business customers to be more productive and efficient, while features, such as versioning and rollbacks, will give customers a higher level of management and security. Both Interwoven and Bluestone are committed to an open architecture, which provides forward compatibility for future best-of-breed technology.

"Our goal with Total-e-Business is to provide a global-class solution that gives business experts direct control of the business processes in the e-business enterprise," said John H. Capobianco, senior vice president of worldwide marketing at Bluestone. "By aligning with Interwoven, we can add TeamSite content management to our impressive list of Total-e-Business features, providing our customers with a higher level of control and responsiveness to changing market conditions."

Jeffrey Englemann, vice president of business development at Interwoven, added, "The proven enterprise level content management functionality in TeamSite is a strong complement to the Bluestone Total-e-Business suite. Interwoven is committed to working with Bluestone to provide a comprehensive solution to Total-e-Business customers."

Bluestone's Total-e-Business product suite is an e-business solution that meets the exacting demands of the people responsible for e-business operations, sales, marketing, and finance, while addressing the IS technology mandate for excellence in a non-stop, high-performance platform to support mission-critical applications. Total-e-Business combines best-of-breed components for content management, personalization, integration, and e-commerce with Bluestone's award-winning Sapphire/Web Application Server infrastructure and Bluestone XML Suite integration server - based upon JSP and XML standards.

Interwoven's flagship product, TeamSite, was built specifically for the creation, production and management of large, complex Internet and intranet Web sites. TeamSite provides companies with an effective solution for moving business to the Web. TeamSite's browser-based user interface allows non-technical end users to become an active, integral part of the Web development process. TeamSite also offers unparalleled administrative control, system performance and scalability - it enables the central management of hundreds of thousands of files, maintaining high performance as the number of users increases.

Bluestone Software Inc. is a leading provider of Enterprise Interaction Management software. Companies deploying Internet Commerce applications like ARI, Conexant (formerly Rockwell Semiconductor), Dreyfus Corp., Eli Lilly, MCI WorldCom, Reliance National, and Time Inc. depend on Bluestone Sapphire/Web and Bluestone XML Suite Application Server frameworks to integrate business applications into Web-enabled environments, manage information interactions, and exchange data with employees, partners, and customers. For more information about Bluestone, please call 888-Bluestone,visit http://www.bluestone.com , or e-mail info@bluestone.com

Interwoven, Inc.(NASDAQ: IWOV) is a leading provider of content management for the enterprise Web. Its flagship product, TeamSite, controls the development, management and deployment of business-critical Web sites. As the platform for eBusiness, Interwoven enables electronic commerce, customer relationship management, supply chain management and knowledge management for Web leaders and Fortune 1000 companies moving to the Web. TeamSite is available for both the Sun Solaris and Microsoft NT operating systems. For more information on the company and its software solutions, visit the Interwoven Web site at www.interwoven.cn or e-mail info@interwoven.com