Legal Technology Journal

Interwoven Also Announces Expected Total Revenues in Line with Previous Guidance and Expected Per Share Results Above Guidance

LONDON – January 6, 2009 – Interwoven, Inc. (NASDAQ: IWOV), a global leader in content management solutions, today announced plans to release fourth quarter financial results for the period ended December 31, 2008 after the market close on Thursday, January 29, 2009.  The company will hold a conference call to discuss its results at 2:00 p.m. Pacific Time that day.

On that conference call, Interwoven expects to report total revenues in line with its previous guidance and net income per share above its previous guidance.  Interwoven expects to report total revenues of $69.5 million to $70.0 million, with license revenues of approximately $26.5 million. 

Interwoven also expects to report net income per share of $0.21 to $0.23 on a GAAP basis and $0.22 to $0.24 on a non-GAAP basis.  The non-GAAP results exclude the expected amortization of stock-based compensation expense of approximately $3.0 million, amortization of purchased technology of approximately $700,000, amortization of intangible assets of approximately $700,000 and the related tax impact of approximately $4.0 million.  These expected results are based on preliminary information.

Additional information about the company’s non-GAAP financial measures can be found under the caption “Non-GAAP Financial Information” below.

Conference Call Details:

Date: Thursday, January 29, 2009

Time: 2:00 p.m. PT (5:00 p.m. ET)

Live Dial-in #: (877) 879-6174 or (719) 325-4768

Replay Dial-in #:(888) 203-1112 or (719) 457-0820

Replay Passcode: 4243053

A live and archived webcast of the conference call will be available on Interwoven’s website at http://www.interwoven.com/investors.  A telephonic replay of the call will be available for one week starting on January 29, 2009 at approximately 5:00 p.m. PT.