Investments

Vignette Achieves Leader Status in META Group's Evaluations of Web Content Management Markets

Company's Global Presence, Significant Customer Base and Viability Cited

Bank Of America Investment AUSTIN, Texas--(BUSINESS WIRE)--July 15, 2004--Vignette Corp. (Nasdaq:VIGN) today announced that it is ranked as a leader in META Group Inc.'s METAspectrum(SM) reports for the Web Content Management (WCM) market in both the North America and Europe, Middle East and Africa (EMEA) regions.
META Group's METAspectrum for Web Content Management offers a critical assessment of vendors that provide solutions designed to drive Web sites, including capacity planning, site design and layout, look and feel, navigation, content development, production, content delivery, session tracking and site evolution. According to META Group, the core focus of Web Content Management products is to empower business users, as well as webmasters and Web site developers, to create and manage Web site content efficiently. In its report, META Group comments that Web Content Management is increasingly overlapping with the enterprise portal and enterprise content management markets, further validating Vignette's strategy of tightly integrating portal and content management solutions.

SUNNYVALE, Calif. April 19, Interwoven, Inc. ( IWOV), provider of Enterprise Content Management (ECM) solutions for business, today announced that it has been ranked as a Web Content Management (WCM) leader by Forrester Research in its 2005 WCM Wave report. In addition to being named as a WCM leader for both internal and external Web initiatives, Interwoven was also recognized as the category leader for its WCM strategy relating to internal initiatives.

Investment Opportunity Vignette is positioned in the leader segment of both METAspectrum evaluations and was specifically recognized for its strength in workflow, user interface, multisite management, and ability to integrate with portal, collaboration and document management solutions. META Group also notes that Vignette appeals to enterprise users looking to gain significant benefits from corporate content and Web sites.

The business unit leaders will report into Salem. Thomas W. Kendra will remain as group president of the Security and Compliance Group (previously referred to as the Security and Data Management Group). Gregory S. Butterfield will continue in his interim role as group president for the Storage and Server Management Group (previously referred to as the Data Center Management Group) and as group president of the Altiris Business Unit. Janice D. Chaffin remains group president of the Consumer Business Unit.

Banc Of America Investment "META Group developed the METAspectrum for the Web Content Management market to enable IT professionals to quickly evaluate vendors based on their ability to deliver on the presence and performance criteria that matter most in this market," said Gene Alvarez, vice president with META Group's Content & Collaboration Strategies group. "As internal and external Web presences continue to be key differentiators for organizations, the Web content management market is expected to command significant purchasing attention. Well-defined solutions that help users effectively manage Web sites and their associated content will be critical to achieving business goals and increasing customer satisfaction."

iseemedia Inc. iseemedia, based software company, has rapidly consolidated its position as the market leader in digital content management. iseemedia Zoom Image Server is the leading solution for creating, Demand images for the Web. Images can be zoomed in and out without loss of resolution, screen. platform servers are fully scalable and contain robust administration tools for managing large numbers of images, tuning system performance and gathering critical, time marketing data on how users interact with images.

Banking Investment With a strong heritage in Web content management, Vignette offers a comprehensive suite of solutions for Compliance and Governance, Public Web Site and Brand Management, Employee Intranets, Customer Self-Service, and Supplier and Channel Interaction that uses its enterprise content management, portal, integration, document and records management, and collaboration capabilities to deliver business efficiencies. Built purely upon a foundation of industry-standard, open technologies, Vignette(R) V7 products provide the most comprehensive suite of services to create, share, manage and present information to any user anywhere at any time, and to allow organizations to consolidate their information management and delivery applications on a single platform.

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Investment Solution Strategic "Vignette's leadership position in the METAspectrum for both North America and EMEA is strong affirmation for our products as well as for our ability to lead the industry in innovation and strategic direction with customers across the globe," said David Shirk, senior vice president of products, strategy and worldwide marketing at Vignette. "Vignette is committed to leading the WCM market as well as providing industry-leading integrated portals, collaboration and ECM. We continue to introduce new ways to help organizations become more efficient though increased productivity, reduced costs, content reuse, improved user experiences and consolidation of Web initiatives."

Prior to joining 3i, founder and COO of Exygy, a business focused on new applications of GPS and wireless technology. Before this, David worked for four years in the $3.5 billion private equity group at GE Asset Management, where he specialized in late stage venture and growth capital opportunities. He also held a position managing investment portfolios for the Bank of Boston and began his career in investment management at State Street Bank, with GE Asset Management as his client. David also has experience as a strategy consultant with both the Parthenon Group and with Citizen's Energy.

Investment Banking Services Vignette's recognition as a leader in META Group's METAspectrum reports for the Web Content Management market adds to a growing list of industry validations that applauds the strength of Vignette's products, corporate direction and technology vision. Vignette has also been recognized as a leader in Gartner's 2004 Magic Quadrant for the Smart Enterprise Suite (SES) market. This listing follows Vignette's positioning by Gartner in the leader quadrant of the 2004 Magic Quadrant for Horizontal Portal Products.

Bank Investment About METAspectrum

Alternative Investment META Group's METAspectrum(SM) methodology provides a framework for evaluating or selecting an appropriate IT vendor or product, simplifies the decision process, and enables more effective technology investments. META Group's research efforts, which adhere to the company's commitment to objectivity, are conducted independently, based on industry best-practice methodologies and subject to the highest levels of review by META Group's research community. To learn more about METAspectrum, visit metagroup.com/metaspectrum or call 800-945-META.

Online Investment Services About Vignette

Accompany Essential Investment Vignette's software and expertise help organizations harness the power of information and the Web for measurable improvements in business efficiency. As the efficiency experts, Vignette (Nasdaq: VIGN) helps organizations increase productivity, reduce costs, improve user experiences and manage risk. Vignette's intranet, extranet and Internet solutions incorporate portal, integration, enterprise content management and collaboration capabilities that can rapidly deliver unique advantages through an open, scalable and adaptable architecture that integrates with legacy systems. Vignette is headquartered in Austin, Texas, with local operations worldwide. Visit http://www.vignette.com/ to see how Vignette customers achieve measurable improvements in business efficiency and to find out why more companies prefer Vignette.

Investment Company FORWARD-LOOKING STATEMENTS

Investment Management Solution The statements contained in this press release that are not purely historical are forward-looking statements including statements regarding the Company's expectations, beliefs, hopes, intentions or strategies regarding the future. Forward-looking statements include statements regarding Vignette's products, future sales, market growth and competition. All forward-looking statements included in this press release are based upon information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward-looking statement. Actual results could differ materially from the Company's current expectations. Factors that could cause or contribute to such differences include, but are not limited to, Future Losses, Limited Operating History, Fluctuation of Quarterly Revenues and Operating Results, Acquisition Integration, Competition, Dependence on a Small Number of Large Orders, Lengthy Sales Cycle and Product Implementation, Market Awareness of Our Product, Rapid Changes in Technology and New Products, and other factors and risks discussed in the Company's reports filed from time to time with the Securities and Exchange Commission.

Investment Management Services Vignette, the V Logo, e:fficiency, and e:fficiency experts are trademarks or registered trademarks of Vignette Corp. in the United States and other countries.

Guide Investment Stock METAspectrum(SM) market evaluations and results are the sole property of META Group Inc. Permission to use the results requires prior written approval from META Group and should not be deemed an endorsement of any company or product.

Investment Manual Solution All other names are the trademarks or registered trademarks of their respective companies.

Investment Stock Copyright (C) 2004 META Group Inc. All rights reserved.

Essential Investment Solution NOTE TO EDITORS: In the terms "e:fficiency" and "e:fficiency experts," the "f's" are italicized. The font was changed for transmission purposes only.

Citicorp Investment Services Contacts

Fool Guide Investment Motley
Vignette Corp.
Jim Hahn, 512-741-4871
jim.hahn@vignette.com
or
Waggener Edstrom
Lindsey Tishgart, 512-527-7022
lindseyt@wagged.com

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