T. Rowe Price Selects Interwoven to Improve Efficiency and Speed Time-to-Market

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T. Rowe Price to Implement Interwoven Composite Application Provisioning Solution to Automate and Streamline Application Deployment

SAN JOSE, Calif - August 5, 2008 - Interwoven (NASDAQ: IWOV), a global leader in content management solutions, today announced that T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, has selected the Interwoven Composite Application Provisioning (CAP) solution. The Interwoven CAP solution will play a key role in supporting T. Rowe Price's strategy to automate the deployment of all applications, including Web applications. By implementing the Interwoven CAP solution, T. Rowe Price expects to reduce deployment costs.

"As both the volume and the complexity of new applications increase, the ability to automate the delivery of code, content, and configurations of Web applications is essential to speed time-to-Web, reduce IT costs, and ensure compliance," said Seth Rosenblatt, vice president of product marketing at Interwoven. "We are thrilled to add T. Rowe Price to our list of customers who have selected our Interwoven CAP solution. By optimizing the deployment process, T. Rowe Price can increase agility and flexibility, and turn the Web and other applications into assets that increase engagement and customer satisfaction."

About Interwoven Composite Application Provisioning

The Interwoven Composite Application Provisioning solution allows businesses to automate and standardize the deployment of custom Web applications, resulting in dramatically improved efficiency and time-to-market. The solution is comprised of Interwoven OpenDeploy and Interwoven ControlHub. For more information about the Interwoven Composite Application Provisioning solution, go to http://www.interwoven.com/cap. Or, listen to our podcast entitled: "Introduction to Composite Application Provisioning (CAP)" athttp://www.interwoven.com/podcastcap.

About T. Rowe Price

Founded in 1937, Baltimore-based T. Rowe Price is a global investment management organization with $378.6 billion in assets under management as of March 31, 2008. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research. More information is available atwww.troweprice.com.

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 visitwww.interwoven.com.

News Source : T. Rowe Price Selects Interwoven to Improve Efficiency and Speed Time-to-Market