TeamSite 4.5 B2B Edition empowers trading partners to easily contribute and publish B2B content to Ariba and Commerce One based marketplaces

Sunnyvale, Calif. - December 14, 2000 - Interwoven, Inc. (Nasdaq: IWOV), the leading provider of enterprise-class content management software, today announced its latest addition to the TeamSite software suite, TeamSite 4.5 B2B Edition. The B2B Edition of Interwoven's flagship product TeamSite, empowers trading partners to easily contribute and publish B2B content. It also provides features tailored specifically for suppliers, marketplaces and other B2B sites to accelerate and control the interchange and syndication of commerce-critical content. The B2B Edition serves the needs of the 1000+ Ariba and Commerce One customers. According to AMR Research, the B2B market is projected to grow to $5.7 trillion in transaction revenue by 2004.

"Interwoven is attacking the hard part of this business," said Bob Parker, vice president and service director of AMR Research's electronic commerce research practice. "Continuous improvements of the TeamSite product acknowledge the direct tie between content and commerce, and accelerate supplier deployment schedules and timeframes."

• New merchandizing-specific workflow which accelerates and controls the markup of product and catalog-related content;
  
• Integration workflow for B2Bi and EAI (webMethods and TIBCO) that allows the rapid inclusion of legacy and ERP content;
  
• Automated transformation and validation of XML to cXML (Ariba) and xCBL (Commerce One) which ensures the quality and timeliness of content targeted to B2B sites;
  
• Individual product specialist or team work areas for collaborative content development and quality assurance.

"Interwoven's B2B Edition will accelerate the growth of global B2B trading networks by providing a content management platform to suppliers that is pre-enabled with the Ariba Commerce Services Network," from Cindy Elkins, vice president, commerce services at Ariba.

As part of the Interwoven Content Interchange Framework, TeamSite 4.5 B2B Edition is expected to be generally available in January 2001. The Framework, introduced in August 2000, is Interwoven's strategy to provide, in conjunction with other best-of-breed partners, a comprehensive content solution for B2B suppliers and exchanges. For more information on Interwoven's B2B solutions, please see http://www.interwoven.com.tw/products/b2b/ .

"With the B2B Edition we are again raising the bar for content management across the extended enterprise including private exchanges, consortia-backed exchanges and Global 1000 companies," said Kevin Cochrane, vice president of product management at Interwoven. "We are addressing the challenge facing both suppliers and marketplaces of getting suppliers participating to global B2B trading networks faster."

For more details on Interwoven's relationship with Ariba and its support for the Ariba Commerce Services Network, see separate announcement issued today at http://www.interwoven.com.tw/news/1214aribapr.html

Interwoven, Inc. (Nasdaq: IWOV) is the leading provider of enterprise-class content management software. 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. 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.