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SUNNYVALE, Calif. and FOSTER CITY, Calif. -October 9, 2003- Interwoven, Inc. (Nasdaq: IWOV) and iManage, Inc. (Nasdaq: IMAN) today announced that each company will hold a special meeting of stockholders on November 18, 2003, for the purpose of approving the proposed merger of Interwoven and iManage. At Interwoven's special meeting, its stockholders will also be asked to consider and vote on a proposal to authorize a one-for-four reverse stock split.
Interwoven also announced that the Securities and Exchange Commission today declared effective the Registration Statement on Form S-4 containing the joint proxy statement/prospectus that will be mailed on or about October 14, 2003 to Interwoven and iManage stockholders in connection with each company's special meeting.
The Interwoven special meeting of stockholders will be held on November 18, 2003 at
10:00 a.m. Pacific Standard Time at 803 11th Avenue, Sunnyvale, California. The iManage special meeting of stockholders will be held on November 18, 2003 at 10:00 a.m. Pacific Standard Time at 950 Tower Lane, Suite 500, Foster City, California.
ADDITIONAL INFORMATION ABOUT THE MERGER AND WHERE TO FIND IT
On October 8, 2003, in connection with the proposed merger transaction involving Interwoven and iManage, Interwoven filed with the SEC a Registration Statement on Form S-4
(File No. 333-108262) containing a definitive joint proxy statement/prospectus regarding the merger. Investors and security holders of Interwoven and iManage are urged to read this
definitive joint proxy statement/prospectus and any other relevant materials filed by Interwoven and iManage with the SEC because they contain, or will contain, important information
about Interwoven, iManage and the merger. The definitive joint proxy statement/prospectus and other relevant materials (when they become available), and any other documents filed
by Interwoven or iManage with the SEC, may be obtained free of charge at the SEC's web site at www.sec.gov In addition, investors and security holders may obtain free copies of the
Interwoven documents filed with the SEC by contacting Interwoven Investor Relations, Interwoven, Inc., 803 11th Avenue, Sunnyvale, CA 94089, 408-530-7009,
investor.relations@interwoven.com
Investors and security holders may obtain free copies of the iManage documents filed with the SEC by contacting iManage Investor Relations, 950 Tower Lane, Suite 500, Foster City, CA 94404,
650-577-6500,investors@imanage.com
Interwoven and iManage, their respective directors, officers and employees may be deemed to be participants in the solicitation of proxies in favor of the merger from the stockholders of
Interwoven and iManage. Information about the directors and officers of Interwoven and iManage and the interests they may have in the merger is available in the definitive joint proxy
statement/prospectus which is included in the Registration Statement on Form S-4 filed by Interwoven with the SEC on October 8, 2003. Additional information regarding the directors
and executive officers of Interwoven is also included in the proxy statement for Interwoven's 2003 annual meeting of stockholders filed with the SEC on April 28, 2003. Additional information
regarding the directors and executive officers of iManage is also included in the proxy statement for iManage's 2003 annual meeting of stockholders filed with the SEC on April 25, 2003.
Headquartered in Foster City, Calif., iManage, Inc. is a leader in collaborative document management software that enables businesses to efficiently manage and collaborate on critical business content across the extended enterprise. More than 600,000 professionals in 1,300 businesses have transformed their organizations with the iManage WorkSite solution.
Interwoven, Inc. is a world-leading provider of Enterprise Content Management software. The Interwoven 5
platform provides complete content lifecycle services, including Content Processing, Content Management,
Content Intelligence, Content Production and Content Distribution. Its products are the de facto standard
for more than 1000 global companies including British Airways, Cisco Systems, General Electric, General Motors
and Singapore Airlines. Interwoven teams with the leading best-of-breed enterprise application providers to
provide customers complete, collaborative business enterprise solutions. Interwoven won Transform Magazine's
"2001 Product of the Year" award for Enterprise Content and Collaboration Technology. For more information on
Interwoven and its proven XML-based ECM solutions, visit the Interwoven Website at
www.interwoven.com.tw.
Interwoven, TeamSite, TeamPortal, TeamCode, TeamDoc, the taglines, logo and service
marks are trademarks of Interwoven, Inc., which may be registered in certain jurisdictions. All other trademarks
are owned by their respective owners. Copyright 1996-2002 Interwoven, Inc. All rights reserved.
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