SUNNYVALE, Calif. -April 2, 2003- Interwoven, Inc, (Nasdaq: IWOV), a world leader in content management for the enterprise, today announced that John Van Siclen has resigned as president and CEO. Martin Brauns, Interwoven`s Chairman, who served as its CEO from 1998 to 2002, will serve as interim Chief Executive Officer until a permanent successor is named. Interwoven has begun a search for a new CEO. Separately, the company today also announced preliminary financial results for the quarter ended March 31, 2003.
"We thank John for all his contributions to Interwoven," said Brauns. "John moved us forward in a myriad of ways including product direction, increasing customer satisfaction, and growing the customer base to over 1,100 world-class enterprises. We wish him success in his future endeavors."
The Company will hold a brief conference call today at 2:00 pm PST to discuss its preliminary results for the quarter. The dial in number is (913) 981-4901. The replay number is (719) 457-0820 (Confirmation number for both calls is 496201). The replay will be available from April 2, 2003 - April 4, 2003.
In addition, the Company`s regular conference call to report final results for the quarter ended March 31, 2003 is scheduled for April 17 at 2:00 pm PST. The dial-in number is (913) 981-4901. The replay number is (719) 457-0820 (Confirmation number for both is 532417). The replay will be available from April 18, 2003 - April 20, 2003. A live Web cast of the conference call can be accessed through our Website, www.interwoven.com.
Interwoven, Inc. is a world-leading provider of content management software for the enterprise. Allied with the leading enterprise application providers, the Interwoven 5 platform provides content management for more than 1100 organizations world wide including Air France, Cisco Systems, General Electric, General Motors, and Yamaha. For more information visit www.interwoven.com.
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