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Industry Recognizes Interwoven Momentum in ECM

  • 22 June, 2004 15:44

<p>Interwoven Continues to Receive High Marks from Industry Analysts, Customers, and Media for Leadership and Vendor Strength</p>
<p>Sydney, Australia, 22 June, 2004 - Interwoven, Inc. (Nasdaq: IWOV), the world’s next-generation enterprise content management (ECM) company, continues to be recognized by top industry analyst firms, customers, and the media for its leadership in the ECM marketplace.</p>
<p>Market Leadership within ECM
Continued Web Content Management Momentum: In the Forrester TechRankings report published on February 9, 2004 by Nicholas Wilkoff, Interwoven's ECM platform received the top score for Web content management (WCM). Interwoven ranked the highest in WCM compared to all other participating vendors. The report stated that TeamSite 6, Interwoven's WCM product, excels at features such as in-context editing, templating, and publishing workflows. Recently TeamSite 6 has been adopted by a record number of customers since its release just eight months ago, driven by the world-class user interfaces.</p>
<p>Continued Momentum in Collaboration and Document Management: With regard to Interwoven’s strength in the professional services marketplace in particular, AmLaw Tech, one of the premier legal technology publications, stated that since Interwoven’s merger with iManage, in both Q4 2003 and Q1 2004 Interwoven captured the majority of legal document management license deals over its nearest competitor, with twice the number of seats. Already in Q1 2004 Interwoven had 50% more transactions than the nearest competitor, representing 100% more total seats. (AmLaw Tech, The American Lawyer's Technology Supplement, June 2004, pages 13–15).</p>
<p>Continued Momentum in Digital Asset Management: In the 12 months since Interwoven’s acquisition of MediaBin, the Company has doubled the installed base of its leading digital asset management product, MediaBin, adding top global brands such as BT and Motorola to its customer portfolio. According to a recent Gartner research note, “By 2006, more than 85 percent of Global 1000 firms will have deployed some MRM [Marketing Resource Management] capabilities to better manage their digital assets…Enterprises that have not deployed applications to collect and manage digital assets and marketing content should consider digital asset management and enterprise content management applications.” (Collect-and-Manage Moves From Asset to Knowledge Management, March 29, 2004, by K. Collins).</p>
<p>A 2003 Forrester Research report comments on the iManage/Interwoven merger, stating that iManage has very strong DM and team collaboration roots, especially in the legal vertical. Interwoven is a leading WCM vendor that provides high-performance capabilities through its TeamSite, OpenDeploy and MetaTagger products...and supports some of the highest traffic, public-facing Web sites and intranets in the world, which is a distinct advantage against other WCM competitors. (Market Leaders Emerging in the Enterprise Content Management, August 15, 2003, by Connie Moore and Robert Markham).</p>
<p>Corporate Momentum: The New Interwoven
Delivering the Best-Integrated ECM Suite: Today, Interwoven provides the industry's best-integrated Enterprise Content Management suite. Interwoven's ECM platform is critical to enabling key content-rich solutions for the enterprise, including enterprise intranets and portals, corporate governance, marketing content management and Web change management. Interwoven's solutions leverage the full suite of Interwoven ECM components:
• Collaboration
• E-mail Management
• Document Management
• Web Content Management
• Digital Asset Management
• Records Management</p>
<p>Solid Financial Performance: In Q1 2004, Interwoven’s first full quarter since the merger with iManage, the company’s total revenues were $37.4 million, an increase of 46% from a year ago and an 11% increase sequentially. Interwoven also continued its customer momentum with the addition of 69 new customers in the first quarter, including DigitalThink, Konica Minolta, Lockheed Martin, and Merrill Lynch. Significant customer re-orders in Q1 included Air France, DuPont, Fannie Mae, General Motors, Johnson &amp; Johnson, and Motorola.</p>
<p>Customer Traction – As of Q1 2004 Interwoven has:
• 2,800 world-class customers
• 9 of the top 10 in the Financial Times' Global 500
• 58 of the Fortune 100
• 51 of the AmLaw 100
• 8 out of the Top 10 Global Brands (source rankings: Business Week)</p>
<p>“Today Interwoven offers a full, end-to-end content and document management lifecycle suite,” said Ron McKerlie, vice president, e-Business, Rogers Communications. “We consider Interwoven a solid business partner and look forward to continued success with their leading ECM technology platform.”</p>
<p>Recent Industry Awards and Recognition:
• Technology: eContent 100, KMWorld 100, DCI Portal Excellence Award, Computerworld Premier 100 IT Leaders, Asia Computer Weekly Reader’s Choice Award, InfoWorld 100, Software 500, Deloitte &amp; Touche Fast 500, and the WebSphere Advisor Silver Award
• Analyst: Frost &amp; Sullivan recognized Interwoven with its 2004 Business Development Strategy Award for the World Digital Asset Management Market
• Customer: USPS &amp; Grace Hopper Award, Toshiba America Business Solutions &amp; AIIM Best Practice Award</p>
<p>###</p>
<p>About Interwoven
Interwoven, Inc. is the world's next-generation enterprise content management (ECM) company. Interwoven's patented, award-winning ECM platform integrates the six pillars of content management: collaboration, e-mail management, document management, Web content management, digital asset management, management, and records management. Allied with the leading enterprise application providers, the Interwoven ECM platform provides complete, end-to-end content management for more than 2,800 organizations worldwide including Air France, Citibank, Ford, General Electric, Jones Day, Pfizer, Procter &amp; Gamble, and Yamaha. For more information visit www.interwoven.com</p>
<p>Media Contacts:
Alex Murphy/Rob Stirling
Markom Marketing
+61 2 9977 8922
alexmurphy/robstirling@markom.com.au</p>

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