Interwoven Powering TSMC Customer Extranet with Real-time Visibility to Orders

SUNNYVALE, Calif. and HSINCHU, Taiwan, August 21, 2000 - Interwoven, Inc. (Nasdaq: IWOV), and Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE: TSM), today announced that TSMC, the world's first and largest pure integrated circuit foundry, has selected Interwoven TeamSite/BroadVision Edition as its Web content management solution.

For over thirteen years, TSMC has been dedicated to providing semiconductor manufacturing services for advanced integrated circuits. Their foundry business model has changed the paradigm of the semiconductor industry and has been instrumental in enabling the success of the fabless semiconductor market. TSMC's vision is to be the premium foundry in the world and as such, to offer its customers premium services.

"TSMC is committed to providing robust customer service capabilities on the Web, thereby enabling closer, more responsive customer relationships," said Dr. Quincy Lin, senior vice president and chief information officer for TSMC. "Interwoven TeamSite provides a single enterprise-wide content management platform, allowing TSMC to empower employees from throughout the organization to be Web contributors and accelerate time-to-Web in order to improve customer satisfaction."

Included among these projects is TSMC's next generation Internet system, TSMC On-Line 2.0, which will provide a seamless Web-based environment for customers to conduct engineering collaboration, logistics collaboration, and other service-related activities in a timely and efficient way.

"TSMC has set a new standard for its industry by providing TSMCs' customers with the capability of virtual access to their fab through the Web," said Jose Briceno, vice president, Asia Pacific for Interwoven. "We are very pleased that Interwoven TeamSite has been selected to provide the content management infrastructure powering real time supply chain integration with dynamic content."

TeamSite/BroadVision Edition is a BroadVision compatible version of TeamSite software, Interwoven's flagship content management solution, which integrates seamlessly with BroadVision One-To-One. It extends content contribution beyond the traditional Web team to include contributors from throughout the organization to handle all Web assets from rich HTML to advanced application code.

TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology, library and IP options and other leading-edge foundry services. With the mergers of WSMC and TASMC (effective June 30, 2000), TSMC is constructing or operating 11 fabs and has substantial capacity commitments at three additional facilities jointly operated by TSMC and its partners. In 2000, TSMC expects to have the capacity for nearly 3.4 million 8-inch equivalent wafers. Fabrication processes offered by TSMC include CMOS logic, mixed-mode, volatile and non-volatile memory, and BiCMOS. TSMC's corporate headquarters are in Hsin-Chu, Taiwan. More information about TSMC is available through the World Wide Web at http://www.tsmc.com .

Interwoven, Inc. (Nasdaq: IWOV) is the leading provider of enterprise-class content management solutions. Its flagship product, TeamSite, controls the development, management and deployment of business-critical Web sites. Interwoven solutions are based on an inclusive content architecture that empowers all content contributors and leverages diverse Web assets including XML, Java, rich html, multimedia and database content. TeamSite is available for the Sun Solaris operating system and Microsoft NT and Windows 2000 platforms. 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