Introducing the New Interwoven: Providing Next-Generation ECM for End-to-End Content Lifecycle Management
SUNNYVALE, Calif., -November 24, 2003- Interwoven, Inc. (Nasdaq: IWOVD), the world`s next-generation enterprise content management (ECM) company, today introduced the "New Interwoven" following the completion of its merger with iManage, Inc. Interwoven ECM is differentiated by offering the industry`s best-integrated ECM platform, the industry`s only Service-Oriented Architecture (SOA), leading content intelligence capability, comprehensive content distribution, the unique ability to manage both code and content within its system - and a compelling vision for the future of ECM.
"With the merger completed, we combine strength with strength to move forward and lead the marketplace as the next-generation ECM company," Martin Brauns, chairman and CEO of Interwoven. "We are building on our individual successes by delivering to our customers and partners today the best integrated, end-to-end content lifecycle management. Now, Interwoven is even more capable of meeting and exceeding customer needs, with solutions for critical business imperatives that result in faster time-to-market and an overall lower total cost of ownership."
Interwoven: The Industry`s Next-generation ECM Company
Interwoven`s next-generation ECM platform is uniquely differentiated in the industry because it offers:
-Best-integrated, end-to-end content lifecycle management. Today`s patented, award-winning Interwoven ECM platform integrates the six pillars of content management: collaboration, document management, Web content management, digital asset management, eMail management, and records management.
-Comprehensive service-oriented architecture. Interwoven ContentServices 2.0 SDK delivers the first comprehensive SOA in the ECM industry, providing easy-to-integrate, standards-based access to 171 content management services such as task management, workflow, and project configuration from J2EE and .NET applications.
-Consolidated management of code and content. Interwoven DeveloperSuite software offers the industry`s first solution that enables developers to build, deploy, and test code and content-based applications in an integrated, dynamic development environment.
-Flexible content intelligence. Interwoven MetaTagger Content Intelligence Server provides the tools, processes, and server platform to architect an enterprise`s metadata infrastructure, and delivers intuitive features that streamline the process of managing controlled corporate vocabularies.
-Automated content distribution. Interwoven OpenDeploy Distribution Server is the only product on the market today that can be utilized as a standard across any content or code management system. By eliminating inefficient, manual distribution processes, OpenDeploy has been proven to reduce distribution costs by an average of fifty percent.
The New Interwoven: Gaining Momentum Out of the Gate
-Customer traction. The New Interwoven has a loyal base of 2,700 customers worldwide, with 9 of the 10 Financial Times` world`s largest companies and 47 of the top AmLaw law firms. Interwoven customers and prospects require ECM solutions to help with today`s critical market drivers, including regulatory compliance, budget pressures, data security, generating more ROI from consolidated business applications, and the need to have fewer strategic vendor relationships. The Interwoven ECM platform addresses these top IT challenges by providing business solutions such as sales enablement, portal effectiveness, and secure management of corporate information. Customers first recognized the value of the iManage and Interwoven integration with the reseller alliance announcement in early 2003; in Q4 of this year, under the reseller agreement, Interwoven has seen continued momentum with customers and prospects.
-Product roadmap strategy. iManage and Interwoven have been shipping a fully integrated product since April 2003 as part of the reseller relationship. Interwoven plans to further integrate iManage`s collaboration and document management technology with additional existing Interwoven technologies like MetaTagger, MediaBin and OpenDeploy, to create corporate knowledge repository, to generate multi-dimensional contextual references between document assets and media assets, and to physically and virtually distribute collaboratively developed documents and corporate knowledge cross enterprises and beyond. Interwoven also plans to provide a common ECM platform to its customers and partners with leading technologies such as SOA, rights management, reporting, workflow and Business Process Management.
-Partner strategy. Interwoven has outlined a new go-to-market partner strategy, the Interwoven Partner Network, and has already added more than 150 of iManage`s partners, VARs, and systems integrators to its portfolio of technology and strategic partners. Together with existing global partners such as IBM, SAP, BEA and others, the addition of iManage partner relationships brings the Interwoven partner total to 300. The addition of new partners significantly enhances the combined company`s reach in North America, EMEA, Latin America, and Asia Pacific, and also results in a new and important facet of the Partner Network that specializes in the legal market.
The New Interwoven: Culture and Technology Fit Combine Strength with Strength
The combined company now has more than 700 employees, in 26 offices spanning 15 countries, making the New Interwoven even better positioned to provide global support and implementation services to customers and partners around the world. Interwoven has already merged the two company Websites, equipped customer service representatives, and made significant cost reductions by consolidating facilities and overhead charges worldwide. Sales teams were previously trained under the reseller partnership, and are already selling the complete ECM platform from the New Interwoven.
The New Interwoven - Our Vision for Content Networks
Enterprise content management will continue to gain in prominence as a foundational infrastructure layer as CIOs seek to achieve end-to-end enterprise standardization among all of its content-rich applications up and down the supply chain. Interwoven`s best-integrated ECM platform is a critical foundation for the company`s recently announced Content Networks vision (see http://www.interwoven.com/news/press/2003/111903ContentNetworks.html), which represents an entirely new paradigm for managing content within and beyond the enterprise that will take shape over the next 12-18 months.
For more information on the merger see the following press releases
http://www.interwoven.com/news/press/2003/111803mergervote.html
http://www.interwoven.com/news/press/2003/111803newexecs.html
http://www.interwoven.com/news/press/2003/111803newboard.html.
Conference Call
Interwoven will hold a conference call to provide additional details regarding the merger on November 25, 2003 at 1:15 pm PST, which may be accessed by calling (800) 810-0924, pass code #729166 and via the Web at http://www.interwoven.com/mergerconcall. A replay of this conference call will be available from 4:15 pm PST on November 25 through 10:00 pm PST Friday, November 28 by calling (719) 457-0820 or (888) 203-1112, pass code #729166.
About Interwoven
Interwoven, Inc. provides the world`s next-generation enterprise content management platform. Allied with the leading enterprise application providers, the Interwoven ECM platform provides complete content lifecycle management for 2,700 organizations worldwide including Air France, Cisco Systems, General Electric, General Motors, and Yamaha. For more information visit www.interwoven.com.
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