Interwoven Celebrates Record Year in Delivering Information Management Solutions to Law Firms Around the World

Posted on: Mon, 02 Feb 2009 09:00:00 EST


Symbols: IWOV
NEW YORK, Feb 02, 2009 /PRNewswire-FirstCall via COMTEX/ --
IWOV | Quote | Chart | News | PowerRating -- Today at the LegalTech New York
2009 trade show, Interwoven, Inc. (Nasdaq: IWOV), a global leader in content
management solutions, spotlighted the numerous accomplishments of its
Professional Services Industry Solutions group over the past year. At the top
of the list is adding over 150 new law firm customers. Also this past year,
over 65 firms have moved from competitor's products to Interwoven. Now over
75% of the Global Top 100 Law Firms use Interwoven to organize, find and
govern their information resources.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO)

Last year Interwoven also acquired Discovery Mining, a leading provider of
software and services for eDiscovery. Interwoven also introduced significant
upgrades to each of its three core products: Interwoven Universal Search,
Interwoven RecordsManager, and Interwoven Worksite.

"2008 was a watershed year for Interwoven," said Chris Junker, vice
president and general manager, Professional Services Industry Solutions at
Interwoven. "We further strengthened our position as the partner of choice
for law firms throughout the world by demonstrating the enormous benefits of
our holistic approach to helping them organize, find and govern their
information resources. We did this while also closing the acquisition of
Discovery Mining. We now have our strongest product portfolio ever and are
poised to continue our push to address the broader information management
needs of the market."

Specific highlights for last year include:

-- Acquisition of Discovery Mining -- Extending Interwoven's offering --
the legal industry's de facto standard for organizing, finding, and governing
matter content -- by adding a service for managing eDiscovery. Interwoven
Discovery Mining offers a highly scalable service that helps clients manage
the costs and risks associated with litigation. In the six months since the
acquisition was completed, Interwoven has nearly doubled the revenue of the
Discovery Mining business (Editor's note: see Interwoven press release titled
"Interwoven Discovery Mining Doubles New Customers in Six Months," February 2,
2009).

-- Customer Milestones -- Over 1,400 global law firms now use Interwoven,
including 75% of Global Top 100 Law Firms, 73% of the AmLaw 100 Firms, and 60%
of the top 50 UK-based law firms.

Product Enhancements

-- Interwoven RecordsManager Enhanced -- Interwoven enhanced Interwoven
RecordsManager, significantly expanding upon Interwoven's strategy of
delivering an integrated governance solution for electronic documents and
physical records. The new capabilities in Interwoven RecordsManager simplify
the management of records centers, ease the implementation and configuration
of the solution, and provide key stakeholders in the records process a user
experience finely tuned to their specific roles.

-- Interwoven WorkSite Enhanced -- Last year Interwoven added new
functionality to Interwoven Worksite, including faster and more reliable
search capabilities, the ability for any mobile device to now access WorkSite,
significantly improved overall performance, and improved administration.

-- Interwoven Universal Search Enhanced -- Interwoven Universal Search was
enhanced to include simultaneous crawling and indexing as well as new social
search features like tagging, commenting, voting, rating and results-sharing
to improve the relevance of search results over time through collaborative
feedback.

-- Interwoven Received Top Honors in Law Technology News Awards -- Law
Technology News (LTN) announced that Interwoven WorkSite won the Gold award in
the Document Management Systems category and Interwoven RecordsManager won the
Silver award in LTN's sixth annual Technology Awards. Voted on by the
publication's 40,000 subscribers, this was the second straight year that
Interwoven has won a top honor.

-- Interwoven and Lexis Nexis Team Up -- Interwoven entered into an
agreement with global business information solution provider LexisNexis to
integrate and launch Lexis(R) Search Advantage, a new search enrichment
offering, with Interwoven Universal Search. The integration combines
Interwoven's market-leading search solution for professional service firms
with content and services from LexisNexis(R) to provide law firm attorneys
with a single destination to efficiently find and leverage internal work
product and trusted content from LexisNexis.

The Interwoven booth at the LegalTech New York 2009 trade show is #2003,
on level two of the America's Hall. To find additional information on
Interwoven go to http://www.interwoven.com.

Note: On January 21st Interwoven announced that it has signed a definitive
agreement to be acquired by Autonomy. The acquisition brings together two
leaders who share a vision to fundamentally change the way organizations
discover, analyze and manage information. The combined company will have more
than 2,000 employees and 20,000 customers around the world. For more
information please see visit
http://www.interwoven.com/components/pagenext.jsp?topic=NEWS::RELEASES&dcr=com
ponents/autonomy.jsp

About Interwoven

Interwoven, Inc. (NASDAQ: IWOV | Quote | Chart | News | PowerRating) 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 http://www.interwoven.com.

SOURCE Interwoven, Inc.

http://www.interwoven.com

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