Framework will Address Challenges in Building B2B Exchanges by Leveraging Interwoven's Open, Scalable Architecture and Proven Success with World-class Customers

SUNNYVALE, Calif., August 16, 2000 - Interwoven Inc. (Nasdaq: IWOV), the leading provider of enterprise-class content management solutions, today announced the launch of Interwoven Content Interchange, a new framework that addresses the needs of the exploding B2B marketplace. Interwoven Content Interchange builds on Interwoven's success in delivering a scalable, inclusive content architecture to the market, while focusing on the new unique challenges facing trading partners across an exchange.

"Exchanges and marketplaces require a two-way flow of content between suppliers and buyers that can transcend limitations such as content origin, content type or the technical abilities of business managers," said John Van Siclen, senior vice president of corporate development at Interwoven. "Our Interwoven Content Interchange framework is an extension of our enterprise-class content management platform to address the specific needs in infrastructure, features and processes that customers require in order to focus on delivering the speed, quality and interactivity their B2B initiatives require."

The Interwoven Content Interchange Framework consists of three core elements:

• eBusiness Network Collaboration. eBusiness network collaboration offers best-of-breed content management services across the extended enterprise. eBusiness network collaboration enables disparate entities to share information and coordinate development in a secure, distributed environment. The framework includes an XML repository, distributed authoring and versioning, distributed XML-based workflow for inter-enterprise, advanced content replication and re-use, advanced XML syndication, index and search of XML-based objects, and directory service-based rights management.
  
  
• Enterprise Integration. Enterprise integration includes the comprehensive set of eBusiness data adapters and catalog management services needed to access diverse information sources, drive content development and tagging, and format and deliver content to varying audiences. Leveraging the open, standards-based architecture of Interwoven and partner solutions, the Interwoven Content Interchange framework addresses connections back to supply-chain and legacy information.
  
  
• Integration to Exchange-based Services. Exchange-based services include the set of value-added applications used to drive complex, document-driven transactions and supply-chain integrations over the Web using the collaboration services of an eBusiness network. Examples of content being exchanged in an e-business network include bid/offer, SKU's and product specifications, identity management, insurance and financial services, and logistics.

"What leading marketplaces have already figured out is that success in B2B is increasingly all about content," said Frank Florence, vice president of the newly formed B2B division. "Interwoven's proven success in building content management solutions for world-class customers makes us the obvious choice to address content issues facing exchange trading partners."

The framework consists of Interwoven solutions - including currently available products and new technologies under development - in combination with partner solutions such as the webMethods alliance announced today.

(See separate announcements detailing Interwoven's New B2B Division and its alliance with webMethods ).

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.com.tw or e-mail info@interwoven.com