Interwoven Shares Perspectives on Legal Market at ILTA 2007 Conference
Interwoven Provides Update on Continued Customer, Market, and Solution Momentum
ILTA 2007 CONFERENCE, Orlando, FL., - August 20, 2007 - Professional service firms today face a dynamic environment, in which traditional processes and legacy systems are insufficient for a rapidly changing market. These changes include a continued explosion of information, a mushrooming of compliance regulations, evolving client expectations, increasing competition for top talent, and continued globalization. To succeed, organizations must adopt an information management strategy that enables them to increase agility and efficiency, achieve greater collaboration, protect intellectual capital, and reduce risk.
Interwoven (NASDAQ: IWOV), a global leader in content management solutions, has long focused on delivering innovations that enable professional service firms to adapt and succeed in this dynamic marketplace. As a result of this focused strategy, Interwoven is now the clear leader in providing content management solutions to the professional services market and is welcoming over 1,500 leaders from the world's most prestigious law firms at this week's International Legal Technology Association's annual conference (ILTA 2007).
At ILTA 2007, Interwoven announced a series of innovative new products and solutions designed to enable professional service firms to improve firm efficiency, mitigate risk, and enhance the client experience:
Interwoven Universal Search – Professional Services Edition is a powerful and intuitive search solution tailored for the unique demands of professional services firms. The solution provides a simple Web interface that allows professionals to securely search, access, extract, and manipulate all available content within their organization, including the wide array of document management, records management, email archive, and time and billing systems used by professional services firms today.
Interwoven WorkSite has been infused with new capabilities to address the email management challenges faced by professional services firms. Interwoven WorkSite now provides business professionals with an intuitive and automated approach to file emails quickly, easily, and accurately, and includes significantly enhanced access and management of emails from mobile devices.
Interwoven is further streamlining the paper-to-electronic process with an enhanced integration of Omtool AccuRoute and Interwoven WorkSite. This unique solution provides law firms with a comprehensive system for improving management of the iterative transitions between paper and electronic documents to ensure proper tracking and declaration for firm records management.
At ILTA 2007, Interwoven chief strategy officer Rafiq Mohammadi will participate on a panel at the G100 CIO Forum, an invitation-only event held for the chief information officers of the 100 largest law firms in the world. Mohammadi will address the key trends driving the need for firms to adopt Matter-Centric Information Management, and how law firms can effectively apply this operating model to deal with the records management challenges posed by today's complex content environments and regulatory requirements.
ILTA 2007 will also feature over 25 sessions where Interwoven or its partners and customers will present on the company's solutions, provide commentary on best practices, and discuss Interwoven's roadmap and vision for information management. And of course, Interwoven will also hold its not-to-be missed customer appreciation event, at Orlando's House of Blues – in conjunction with 19 partners – including platinum partner Microsoft, and gold partners DocAuto, Riverbed, Microstrategies, and Younts Consulting. Interwoven representatives will also be on hand at Interwoven booth 603/605 during the conference.
Interwoven: the Clear Leader in the Professional Services Market Many of the world's leading professional services firms – including legal, accounting, and consulting firms – are turning to Interwoven to help them manage business complexity and improve the client experience. Interwoven now claims:
Over 1,400 customers from the professional services industry
68 of the Global 100 – the 100 largest law firms worldwide – are Interwoven customers
66 of the AmLaw 100 – the 100 largest law firms in the U.S. – are Interwoven customers
13 of the top 30 accounting firms in the U.S. are Interwoven customers
In Q207, Interwoven added the 5th, 6th,and 11th largest accounting firms in the U.S. to its list of customers
In Q207, Interwoven added several key legal customers around the globe, including Bowman Gilfillan, the largest law firm in South Africa, Freehills, one of the largest firms in Australia, and Salans, an international law firm and one of the largest in continental Europe.
"As one of the world's leading software companies, we have a strong history of innovation and a focus on delivering powerful outcomes for customers," said Chris Junker, vice president and general manager, professional services industry solutions at Interwoven. "As a result, we have established a strong track record of leadership in the content management market for professional services firms. And, our momentum continues – as witnessed by our strong and consistent global customer acquisition, focused partner network, and ongoing innovation announced this week at ILTA 2007."
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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