Yankee Group Report Cites Interwoven TeamCode As Key to Supporting Code and Content in the Enterprise 
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Leading Industry Market Research Firm Says Interwoven Product Integrates Code and Content Management in a Single Environment, Ensuring Rapid, Reliable Development of All Business-Critical Enterprise Applications

SUNNYVALE, Calif. - November 11, 2002 - Interwoven, Inc. (Nasdaq: IWOV), a world leader in Enterprise Content Management (ECM), today announced that Interwoven TeamCode software, which enables developers to create content-driven applications by managing the life cycle of both code and content in a single environment, has been highlighted in a new Yankee Group report as an example of a complete platform for developing today's enterprise applications. Entitled Content-rich Applications Require Development Tools That Combine Code, Content, and Design (October 2002), the new study singles out Interwoven TeamCode for its efficient management of both the code and the content needed to develop and deploy such online applications as portals, Web services, and all content-centric applications rapidly and reliably.

"Software configuration management (SCM) and Web content management (WCM) systems each perform important roles in delivering Web applications but do not connect programmers and Web contributors into a single workflow," noted Rob Lancaster, senior analyst for Internet Business Strategies at the Yankee Group, in the report. "Interwoven's TeamCode product is an example of content management vendors supporting code and content within their process. TeamCode provides IDE plug-ins that connect to Interwoven's repository and eliminate the usually tedious integration process."

About Interwoven TeamCode
Interwoven TeamCode is a scalable, easy to use application that provides a collaborative environment for Web application developers and project leads to manage the complex blend of code and content that comprises today's Web applications. TeamCode provides the Web Application Management (WAM) functionality to manage the documents, code, databases, libraries, packaging, and other related elements that make up Web applications, mobile services, portlets, and Web services. This functionality includes lifecycle management, release routing, code distribution and installation, among others. It supports the diverse set of users and processes needed to ensure high-quality, controlled releases for eBusiness initiatives across the enterprise. TeamCode is built on top of the industry-leading Interwoven 5 platform.

As the Yankee Group report confirms, the nature of today's dynamic online applications requires the seamless integration of myriad types of structured and unstructured content, programming languages, and application scripts, all delivered through disparate application logic and presentation layers that enable a personalized experience for each user. Web-based applications, therefore, have become the product of a diverse group of skilled professionals, ranging from programmers to creative designers to marketing managers and beyond. Each uses a range of development and content management tools, yielding the need to effectively harness both code and content in a single environment in order to leverage the full potential of the applications.

"Interwoven TeamCode provides the code control functionality needed to manage all of an enterprise's code assets, as well as its content assets," said Jack Jia, CTO of Interwoven. "As the Yankee Group report reveals, TeamCode effectively unifies business and technical teams for the rapid, reliable development of all business-critical enterprise applications - which ultimately increases efficiency and quality of work."

For more information on Interwoven TeamCode, please visit http://www.interwoven.cn/applications/teamcode.

The full Yankee Group report can be downloaded at http://www.interwoven.cn/news/press/1111_yankee.pdf

About the Yankee Group
The Yankee Group is a globally established leader in technology research and consulting services, covering communications, IT products and services. Spanning numerous industries, the company provides strategic planning assistance, technology and market forecasting, and cross-industry analysis to support a wide range of clients on a worldwide basis with the development of their business, market, technology, and enterprise initiatives.

About Interwoven
Interwoven, Inc. (Nasdaq: IWOV) is 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, MetaTagger, OpenDeploy TeamCode, 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. Copyright 1996-2002 Interwoven, Inc. All rights reserved



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