Interwoven Celebrates Record Year in Delivering Information Management Solutions to Law Firms Around the World
03 February 2009 - 1:00AM
PR Newswire (US)
Over 75% of the Global Top 100 Law Firms Now Use Interwoven NEW
YORK, Feb. 2 /PRNewswire-FirstCall/ -- 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) 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/.
http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO
http://photoarchive.ap.org/ DATASOURCE: Interwoven, Inc. CONTACT:
Mark Richardson of Interwoven, Inc., +1-408-953-7307, Web site:
http://www.interwoven.com/
Copyright
Interwoven (NASDAQ:IWOV)
Historical Stock Chart
From May 2024 to Jun 2024
Interwoven (NASDAQ:IWOV)
Historical Stock Chart
From Jun 2023 to Jun 2024