Leading Enterprise-Class Content Management Solution to Serve Broader Enterprise Customer Base Through Porting to HP Platform

SUNNYVALE, Calif. - October 17, 2000 - Interwoven, Inc. (Nasdaq: IWOV), the leading provider of enterprise-class content management software, today announced that it has been chosen by Hewlett-Packard Company as a preferred content management solution partner. As part of this relationship, Interwoven's newly released TeamSite 4.5 content management suite, which includes the TeamSite, TeamSite Templating and OpenDeploy software solutions, will be ported to the HP-UX(1) server platform. Support for HP-UX is an extension of TeamSite's existing support for the Windows NT, Windows 2000 and Sun Solaris operating environments.

"Enterprise-class content management is essential to the growth of e-business initiatives," said Nigel Ball, vice president and general manager, HP E-Services Partner Division. "We are pleased that Interwoven will deliver TeamSite on the HP-UX platform to provide our mutual customers with an easy-to-use solution that promotes content contribution throughout the extended enterprise."

In addition to HP-UX operating environment support, TeamSite will also offer users added flexibility by providing the ability to work with applications running on the HP-UX platform from within a Windows NT environment. As a result, users working within heterogeneous operating environments with both Windows NT and HP-UX servers can benefit from the robust content management functionality TeamSite offers.

The TeamSite 4.5 content management suite, recently announced in a separate release, offers several features to improve ease-of-use to enable content sharing across the extended enterprise. Key enhancements in version 4.5 include TeamSite Front-Office, TeamSite Workflow Builder, and extended XML functionality in TeamSite Templating.

"Interwoven is pleased to be working with HP to add TeamSite support for the HP-UX platform and to be selected by HP as a preferred content management solution," said Mike Backlund, senior vice president of worldwide sales and field operations, at Interwoven. "The relationship will help us fulfill demand for TeamSite across the leading Internet server platforms."

Interwoven, Inc. (NASDAQ: IWOV) is the leading provider of enterprise-class Web content management software. Its flagship product, TeamSite, controls the development, management and deployment of business-critical Web sites. As the platform for eBusiness, Interwoven enables electronic commerce, customer relationship management, supply chain management and knowledge management for Web leaders and Fortune 1000 companies moving to the Web. 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