Open Software Standard the Deciding Factor for Enterprise Class Content Management

SUNNYVALE, Calif., October 23, 2000 - Interwoven, Inc. (Nasdaq: IWOV), the leading provider of enterprise-class content management software, today announced that Netherlands-based ABN AMRO Bank has an international software licensing software agreement to develop, manage and deploy content to an estimated 250 ABN AMRO Bank sites globally. ABN AMRO Bank is currently using TeamSite, Open Deploy and XML-based TeamSite Templating to create and manage information on corporate Websites and on Maxtrad, the eCommerce trading community.

Open, standards-based architectural design were critical in ABN AMRO Bank's choice for Interwoven. By integrating easily with existing Web infrastructure and backend databases, ABN AMRO Bank can more easily and efficiently develop new content and repurpose existing content for its mission-critical sites. Currently, ABN AMRO Bank content is contributed from five country teams across Europe and North America. ABN AMRO Bank plans to extend content contribution to other regions as well.

"Interwoven TeamSite was considered as the only true content management solution by ABN AMRO Bank", explained Mhoire McGrath-Cade, vice president, Interactive Delivery Channels, ABN AMRO Bank. " TeamSite allows us to easily add localized content, include data from back office systems, and integrate with other Web applications such as personalization and security."

Another key selection criteria for ABN Amro Bank's selection of Interwoven was the integrated workflow management in TeamSite software. ABN AMRO Bank is able to create tailored workflows for each initiative to improve content development, quality control and publishing. This allows ABN AMRO Bank to focus more effort on providing a tailored content and an interactive user experience for each customer touchpoint.

"We are proud that ABN AMRO Bank has chosen Interwoven as its global enterprise class content management solution," said Jan Nordhagen, vice president, European operations, Interwoven, Inc. "By extending their success with Maxtrad to their other Web properties, they have realized their goal of building a framework for launching dynamic, eCommerce programs that can be replicated across the worldwide organization."

ABN AMRO Bank selected Interwoven solutions first to build and manage Maxtrad, the eCommerce trading community earlier this year. See http://www.interwoven.cn/press/1023abnpr.html for more details. Also, please see the ABN AMRO Bank presentation "100-Day Challenge" given at the Interwoven GearUp Conference at http://www.interwoven.cn/news/events/gearuplive/presentations .

"Based on our success with Maxtrad, it was a logical extension for us to choose Interwoven content management solutions to run our corporate sites as well," added McGrath-Cade. "A single content management solution across multiple initiatives will allow us to share and re-use content. This will save us development time and resources."

ABN AMRO Bank is running Interwoven's software on HPUX, Windows NT and is in the process of using it on Sun Solaris.

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.cn or e-mail info@interwoven.com