Interwoven Launches TeamSite 4.0 To Give Business Managers Control of All Web Initiatives 
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Content Quality and Time-to-Web Advanced Through New Features

SUNNYVALE, Calif., December 6th, 1999 - Interwoven, Inc. (NASDAQ: IWOV), a leading provider of content management software for the enterprise Web, today launched TeamSite 4.0, the latest version of its flagship product. With a range of new features, TeamSite 4.0 builds on Interwoven's vision that a business-critical content management solution supports all types of content from all kinds of contributors, while keeping control with the business manager.

The advanced workflow in TeamSite 4.0 allows business managers to assert control over multiple Web initiatives that often have very different business process requirements. For example, a customer relationship management initiative will likely require a very different process than an eCommerce initiative. TeamSite 4.0 is the only solution that provides a flexible, task-based environment that enables organizations to control these complex, multi-stage processes. The result is accelerated development, a streamlined approval cycle and direct accountability.

"Companies need formal procedures to manage content on large Web sites," said IDC analyst Rikki Kirzner. "Complete content management solutions should provide configurable workflow capabilities."

"Egreetings Network makes or breaks its business on the quality of its Web content," said Don Chaney, vice president of engineering for Egreetings Networks ( www.egreetings.com ), an online digital greetings and gift center. "Quality and time-to-Web often seem at odds in Web publishing. With TeamSite's advanced workflow, we will make sure that the right people create and approve all Web content - thus ensuring the Egreetings audience is getting the information they need, when they need it."

Web leaders are increasingly building dynamic Web sites. This requires the ability to manage diverse content types, automatically capture metadata and smoothly move content from development to production. TeamSite 4.0 adds support for XML-based metadata that can be stored in a database where it can be accessed by servers for dynamic delivery. Since TeamSite 4.0 supports both file system and database assets, organizations can avoid costly and impractical retrofitting of content and quickly deliver a dynamic Web experience.

"As the premier online information portal and B2B eCommerce service for electronic engineers and e-Procurement professionals, ChipCenter has a lot of domain content, both deep and wide," said Madhukar Govindaraju, chief technology officer of ChipCenter LLC ( www.chipcenter.com ). "To manage this enormous amount of information, and serve our large number of users with diverse interests, we rely on Interwoven TeamSite 4.0 to deliver all kinds of constantly changing content, in a personalized format, regardless of source or repository. Retrofitting content into a database is not an option for our site."

"By listening to our customers, including Web leaders such as GE and Cisco, we built TeamSite to be the most comprehensive Web content management solution available," said Interwoven president and CEO Martin Brauns.

TeamSite 4.0 is available immediately. For more detailed information and datasheets see www.interwoven.cn/products/teamsite .

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 

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