SUNNYVALE, Calif.— July 21, 2003—Interwoven Inc. (Nasdaq: IWOV), a world leader in content management for the enterprise, today announces the launch of Interwoven 6, the latest content management platform release, designed to solve business-critical challenges that enterprises face today. The new platform is being unveiled at exclusive launch events across the globe including New York City, Singapore, Sunnyvale, and Sydney. US launch events will take place in New York, New York on July 22 and Sunnyvale, California on July 24 (For more information visit http://www.interwoven.cn/events/seminars/launch03/index.html).

Based on extensive input from Interwoven customers and partners, the Interwoven 6 Platform delivers on today's critical enterprise requirements:

• Business usability through Interwoven's flagship product TeamSite 6.0 Content Server software that drives content management adoption across the entire enterprise;
• Business solutions that address specific business challenges within sales, service, IT and marketing organizations; and
• Business compliance that spans the enterprise to address internal and external compliance mandates.

"Organizations are changing their strategies to cope with the growing demand of content. Today they're demanding greater flexibility to integrate with line of business applications, greater simplicity to scale contribution across departments and geographies, and greater control over the processes to create and disclose corporate information," said Martin Brauns, president and CEO of Interwoven. "I am proud to announce that Interwoven 6 is the industry's only content management platform to meet the demands of today's enterprise. With the ease of use product enhancements, introduction of our Services Oriented Architecture, and the Interwoven Protect compliance program, our customers will be equipped to solve their business challenges today and beyond."

Business Usability that Increases Workforce Productivity and Drives Faster Decision-Making
Interwoven 6 is the only content management platform in the industry that is "open" to all existing corporate data sources, "dynamic" to manage code and content simultaneously, "smart" to intelligently enrich content with metadata and "fast" with its patented technology and use of standards-based components. Key new features include:

• Interwoven 6 is the first content management platform to deliver on the usability requirements for the enterprise with the introduction of TeamSite 6.0 Content Server - a major release of Interwoven's award-winning content management software. Based on extensive customer feedback and numerous usability lab tests, TeamSite 6.0 introduces a breakthrough user experience - ContentCenter - designed for fast and easy user adoption. ContentCenter empowers all users to contribute and collaborate on content including business contributors, power users and technical developers. ContentCenter Standard (for business users) and ContentCenter Professional (for power users and technical developers) interfaces dramatically reduce the learning curve for business users with a compelling out-of-the-box experience.
• Interwoven 6 also delivers a new customization framework - ContentServices UI Toolkit - enabling rapid customization for ContentCenter interfaces as well as creation of entirely customized interfaces.
• Finally, Interwoven 6 delivers the content management industry's first Services Oriented Architecture based on Web Services standards - Interwoven ContentServices SDK 2.0 - to enable fast and flexible integration with business applications in the enterprise.

Whether publishing documents to the portal, updating financial statements for public disclosure, or finding the right images for a branding campaign, end-users use ContentCenter to improve business productivity without changing the way they work. For details on the TeamSite 6.0, see today's news release at http://www.interwoven.cn/news/press/2003/0721ts6.html

Business Solutions that Respond to Customers' Critical Business Needs
Interwoven 6 enables a suite of business solutions designed to solve specific pain points in the enterprise. The suite includes solutions for the revenue-generating line of business functions (Sales, Marketing and Service), core IT functions, and the cross-functional enterprise. The Services Oriented Architecture of Interwoven 6 serves as a blueprint for flexible service based business solutions that integrate with an organization's existing IT infrastructure.

• Solutions for Marketing include the new Digital Brand Management Solution powered by MediaBin and integrated with the Interwoven 6 platform;
• Solutions for Sales include Sales Excellence portals featuring Interwoven 6 integrations with leading portal vendors including IBM, BEA, SAP, Plumtree, Sun ONE and Oracle;
• Solutions for Service includes Interwoven's self-service application solution featuring Interwoven Content Intelligence Server designed to deliver relevant content to the right user at the right time;
• Solutions for IT include the new Server Consolidation Solution powered by Interwoven OpenDeploy Content Distribution software designed to consolidate hardware and processes surrounding the storage, management and movement of data;
• Solutions for the Enterprise includes the market-leading Global Web Content Management solution designed to support hundreds of Web properties in multiple locales and languages.

Business Compliance that Safeguards Corporate Content
Interwoven today introduces a new enterprise compliance framework, "Interwoven Protect," a program designed to address the mushrooming number of internal governance controls and external regulatory mandates related to the creation, collaboration, and disclosure of corporate information. Interwoven Protect enables companies to safeguard business critical information assets, lower compliance costs, and mitigate litigation risk. Interwoven Protect delivers:

• New, external compliance solutions for Sarbanes Oxley Act, US DoD 5015.2 (STD 2) Records Management Certification, and US Section 508 Accessbility Act.
• Existing compliance functionality provided by the unique capabilities of the Interwoven 6 Platform. Interwoven Protect enables enterprises to implement internal control frameworks and improve visibility through capabilities that include secure audit trails, automated process management and instant rollback.

For details on the new Interwoven Protect program, see today's news release at http://www.interwoven.cn/news/press/2003/0721compliance.html