FileNet Retains Worldwide Content Management Leadership

FileNet Retains Worldwide Content Management Leadership

Market Leader Recognized for Expanded Enterprise Content Management Capabilities and Diverse Installed Base

COSTA MESA, Calif., Feb. 7 /PRNewswire-FirstCall/ -- FileNet Corporation (NASDAQ:FILE), the leading provider of Enterprise Content and Business Process Management solutions, has retained the company's leadership in the growing content management industry according to a new research report from IDC.

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IDC's "Market Analysis of Worldwide Content Management 2004-2008 Forecast Update and 2003 Vendor Shares" released in December 2004 reports that FileNet is the content management market share leader with $251.2 million in license and maintenance revenue in 2003. The report credited FileNet with deriving its revenue from a diverse set of customers, new content management capabilities, and a new go-to-market strategy.

According to IDC, the content management market was an estimated $2.93 billion in 2003, up from $2.6 billion in 2002. Content management software builds, organizes, manages and stores collections of digital work in any medium or format. Software that comprises this market includes electronic content management, electronic records management, imaging, archiving, document management, digital or media asset management and Web content management. These form the basis of FileNet's Enterprise Content Management (ECM) solution.

"For the second year in a row, FileNet has retained the revenue leadership position in the Content Management market," said Joshua Duhl, research director, Content Technologies, IDC. "As the vendors broaden their offerings and seek to address the expanding number of vertical markets using content technologies, IDC believes that FileNet is well positioned to take advantage of these vertical market opportunities as well as to sell new products into existing accounts. Integration of content management with FileNet's Business Process Management (BPM) capability is a differentiator that enables the product to focus on business-centered content management processes. New capabilities including eForms, records management, and team collaboration are on the way. These capabilities round out the product suite and can fuel new sales."

"We are pleased that the market, as reported by IDC, recognizes FileNet's continued leadership in the content management market," said Lee Roberts, chairman and CEO, FileNet. "Today's forward-thinking organizations are using FileNet P8 to gain a competitive advantage by linking disparate sources of information -- both structured and unstructured -- with mission-critical business processes. By bringing more unstructured content under management, companies can improve day-to-day decision-making, and use this business intelligence to enhance their competitive position."

About FileNet

FileNet Corporation helps organizations make better decisions faster by managing the content and processes that drive their business. FileNet's Enterprise Content and Business Process Management solutions allow customers to build and sustain competitive advantage by managing content throughout their organizations, automating and streamlining their business processes, and providing a spectrum of connectivity needed to simplify their critical and everyday decision-making.

FileNet solutions deliver a broad set of capabilities that integrate with existing information systems to provide cost-effective solutions that solve real-world business problems.

Since the Company's founding in 1982, more than 4,000 organizations, including more than three quarters of the Fortune 100, have taken advantage of FileNet solutions for help in managing their mission-critical content and processes.

Headquartered in Costa Mesa, Calif., the Company markets its innovative ECM solutions in more than 90 countries through its own global sales, professional services and support organizations, as well as via its ValueNet(R) Partner network of resellers, system integrators and application developers.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release may contain forward-looking statements that involve risks and uncertainties, including statements regarding the potential benefits of using FileNet's products. Words such as "anticipates," "expects," "intends," "plans," "believes," "may," "will" and similar expressions are intended to identify forward-looking statements. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are FileNet's ability to develop, complete, introduce, market, distribute and gain market acceptance for its products and technologies in a timely manner; the emerging nature of the Enterprise Content Management market; announcements of technological innovations, new products or product enhancements by FileNet or its competitors; and other factors detailed in the FileNet's filings with the Securities and Exchange Commission, including its recent filings on Forms 10-K and 10-Q.

Note to editors: FileNet and ValueNet are registered trademarks of FileNet Corporation. All other company or product names referenced in this release may be trademarks or registered trademarks of their respective owners.

Media Contact:
Tom Hennessey
FileNet Corporation
Phone: 714-327-5050
Email: thennessey@filenet.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000207/FILENETLOGO
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PRN Photo Desk, photodesk@prnewswire.com
Source: FileNet Corporation

CONTACT: Tom Hennessey of FileNet Corporation, +1-714-327-5050,
thennessey@filenet.com


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