Interwoven First to Support IBM WebSphere Portal - Express with Affordable TeamPortal Content Management Offering

SUNNYVALE, Calif. - October 8, 2002 - Interwoven, Inc. (Nasdaq: IWOV) today announced TeamPortal for IBM WebSphere Portal - Express, to complement WebSphere Portal - Express recently announced by IBM. The offering will enable customers to quickly and easily get portal initiatives up and running as well as provide the ongoing management of portal content, documents and code.

"Content management is an important component of portals," said Larry Bowden, vice president, IBM Portal Solutions Software group. "We are pleased that a leading developer and strong IBM partner such as Interwoven has developed an integrated, affordable content management solution for the first pure mid-market portal product: WebSphere Portal - Express."

Benefits of TeamPortal and WebSphere Portal - Express
- Rapid user adoption across applications for improved employee productivity - Empowers users to participate in content creation and review cycles, enabling cross-functional collaboration while improving business productivity, all on IBM WebSphere Portal - Express.

- Affordable and scalable - Interwoven TeamPortal for IBM WebSphere Portal - Express is a high-value, affordable, and extensible solution. Customers can take advantage of the seamless upgrade path to the full-featured Interwoven 5 platform as their needs warrant.

- Ensure, accurate, reliable, and secure content every time, all of the time - Provides the necessary security, workflow, and versioning capabilities to ensure accuracy of all content, documents, and code comprising the portal.

- Enable accurate, intelligent search - The optional Interwoven MetaTagger software automatically generates keywords and summaries to provide highly precise search results to end-users.

- Maximize the portal investment - Provides lasting value by enabling users to create and manage IBM WebSphere Portal - Express portlets through its support of application code. By enabling content to be reused across multiple eBusiness initiatives, including portals, Interwoven accelerates adoption and easily migrates exiting initiatives into the WebSphere Portal family framework.

Complementing IBM WebSphere Portal - Express, Interwoven TeamPortal empowers employees and business partners to collaborate and make smarter business decisions, maximizing their investment in human capital. In addition, Interwoven solutions are built on Web services open standards, which speeds-up implementation and supports future customization efforts.

Interwoven TeamPortal for IBM WebSphere Portal - Express will be available on October 31st in conjunction with IBM's availability of WebSphere Portal - Express.

"We are very pleased to be supporting IBM's new WebSphere Portal - Express," said Jack Jia, CTO at Interwoven. "Interwoven and IBM are responding to customer demand for a complete portal solution that is easy to use, enables quick time to implementation, and generates fast ROI."

About Interwoven
Interwoven, Inc. (Nasdaq: IWOV) a world-leading provider of Enterprise Content Management software. The Interwoven 5 platform provides complete content lifecycle services, including Content Processing, Content Management, Content Intelligence, Content Production and Content Distribution. Its products are the de facto standard for more than 1000 global companies including British Airways, Cisco Systems, General Electric, General Motors and Singapore Airlines. Interwoven teams with the leading best-of-breed enterprise application providers to provide customers complete, collaborative business enterprise solutions. Interwoven won Transform Magazine's "2001 Product of the Year" award for Enterprise Content and Collaboration Technology. For more information on Interwoven and its proven XML-based ECM solutions, visit the Interwoven Website at www.interwoven.cn.

NOTE: Interwoven, TeamSite, TeamPortal, TeamCode, TeamDoc, the taglines, logo and service marks are trademarks of Interwoven, Inc., which may be registered in certain jurisdictions. All other trademarks are owned by their respective owners.