WALTHAM, Mass. and SUNNYVALE, California— July 21, 2003— Interwoven, Inc. (Nasdaq: IWOV), a world-leading provider of content management software for the enterprise, and Watchfire, a provider of Website Management software and services, have taken compliance and usability to a new level through the integration of Watchfire WebXM with the Interwoven 6 Platform. Customers using this solution now can take full advantage of groundbreaking usability features offered in the new Interwoven platform as well as the automated reporting features of WebXM. Combined, these technologies help customers ensure their Websites meet a wide range of internal and external accessibility, privacy, and quality requirements and regulations, including the U.S. Government's Section 508 accessibility legislation, Gramm-Leach-Bliley Act (GLBA), and HIPAA privacy standards.

Today's businesses are increasingly pressured to ensure their Website content conforms with government, industry, and internal corporate standards. Given the scale and complexity of typical corporate sites coupled with the fact that many organizations have turned to point solutions to meet requirements on an individual or departmental basis, ensuring compliance across entire Websites, can be both time consuming and costly. To address the challenge, businesses need a comprehensive solution that enables them to analyze and report on their Website content throughout content creation and deployment processes.

"The integration between Watchfire and Interwoven complements the processes and functions we already have in place to achieve compliance with a wide range of global privacy and accessibility legislation," said David Wollin, Managing Director of Emerging Technology, AXA Financial. "This solution supports our priority to provide a trusted and accessible web environment for all of our users and potential users."

Leveraging Interwoven workflow capabilities, WebXM enables organizations to automatically scan, analyze, identify, and eliminate content defects on their Websites before end users experience them. By providing automated testing of both in-progress and live content as well as detailed reports, the solution helps companies significantly reduce the time and resources required to ensure their content complies with internal and external standards.

"Websites are the public face of a company and compliance with current industry legislation is mandated for many of our corporate customers," said Peter McKay, president and CEO, Watchfire. "The alliance between Interwoven and Watchfire brings complementary technologies together and has already added significant value for our joint customers by helping to ensure the regulatory compliance of their sites."

Specifically, the integration solves customer challenges surrounding:

• Accessibility Standards including the U.S. Government's Section 508 legislation, Canada's Common Look and Feel initiative (CLF), the United Kingdom and Australia's Disability Discrimination Act (DDA), the W3C's Web Content Accessibility Guidelines (WCAG), and other worldwide accessibility standards.
• Privacy Standards including the W3C's Platform for Privacy Preferences (P3P), as well as user tracking and web page security practices to help manage potential privacy risks and tests for compliance with global legislation including the Gramm-Leach-Bliley Act (GLBA), the Health Information Portability and Accountability Act (HIPAA), and the Children's Online Privacy Protection Act (COPPA).
• Internal and External Quality Standards including Website brand and link management, metadata and keyword management, browser compatibility, and application defects.

"Faced with far-reaching regulations, such as US Section 508, UK DDA, and others, it's critical businesses have the ability to monitor and regulate their Website content before and after it goes live," said John Bara, senior vice president of marketing at Interwoven. "By embedding corporate governance into the content creation process, we are helping companies mitigate the risk of having inaccurate, outdated, or even non-compliant content on their sites."

The Interwoven-Watchfire alliance is a component of the Interwoven Protect Program - a program designed to deliver comprehensive solutions to meet increasingly frequent and stringent compliance requirements. (For more information on today's announcement about the Interwoven Protect Program see http://www.interwoven.cn/news/press/2003/0721compliance.html).

Interwoven, Inc. is a world-leading provider of content management software for the enterprise. Allied with the leading enterprise application providers, the Interwoven 6 platform provides content management for more than 1200 organizations world wide including Air France, Cisco Systems, General Electric, General Motors, and Yamaha. For more information visit www.interwoven.cn.

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