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Interwoven Nominated for Vendor of the Year in Operations Management Awards for Excellence

Interwoven Peer to Peer Recognized as a Market-Leading Platform for Secure and Message-Agnostic Trade Communication

SAN JOSE, Calif. - August 7, 2007 - Interwoven, Inc. (NASDAQ: IWOV), a global leader in content management solutions, today announced that it has been nominated for Vendor of the Year in the sixth annual Operations Management Awards for Excellence. Interwoven is recognized for its innovative contribution to capital markets technology by Operations Management, a leading monthly publication which provides news and analysis on the back-office issues faced by broker/dealers, investment adviser firms, and custodian banks in the US and around the world.

Operations Management highlighted Interwoven P2P™ (peer-to-peer), part of Interwoven's Capital Markets connectivity solutions, as one of the key innovations of the year. Interwoven P2P is designed to enable counterparties to streamline their trade processing by standardizing the method by which trade data is communicated, rather than the data format itself.

The solution allows trading counterparties to use messages containing whatever type of data they choose, in any format, and enables the message to be processed in an automated manner and to be captured, actioned, audited, and stored for the future. Trade messages are also transmitted directly and confidentially between counterparties, without the use of a hosted intermediary, which is a key advance on current messaging systems. In addition to providing a ready-to-use and cost-effective message infrastructure, Interwoven P2P provides the ability to use any standard already available, or exchange custom data messages of any kind, as agreed between two parties.

"The financial markets are changing faster than data standards such as FpML can keep pace, creating the need for a flexible and agile solution for automating trade processing," said Jos Stoop, vice president and general manager of global capital markets at Interwoven. "We are thrilled to receive this recognition from Operations Management, after a year of strong growth and momentum in working with some of the world's most respected financial firms to mitigate risk and increase efficiency and automation of critical enterprise functions. This momentum is the result of our continued focus on delivering the deep domain expertise required to solve some of the most pressing and strategic challenges faced by financial services firms today."

About Interwoven
Interwoven, Inc. (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. Over 4,700 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 25,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit www.interwoven.com.

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