DOCUMENT MANAGEMENT PRESENTS FIRST MARKET ACHIEVEMENT AWARD TO FileNET CORPORATION

Document Management, the Magazine on Information Assets for Top 1000 Company Decision Makers, has presented its first DOCUMENT MANAGEMENT 1998 MARKET ACHIEVEMENT AWARD to FileNET Corporation for garnering a substantial share of the INSURANCE MARKET. The award was presented on May 12th to Lee Roberts, President and CEO of FileNET Corporation, at the annual 1998 AIIM SHOW and CONFERENCE.

"It is appropriate that our first award is going to FileNET, the longest, continuous operating company and the largest pure-play company in our industry," according to Richard N. Stover, editor and publisher of Document Management Magazine. "And FileNET just happens to have the largest installed base of imaging and document management systems in insurance companies. It is a tribute to their marketing prowess that they are meeting the challenges of this fast-changing marketplace, especially in converting from a hardware solutions supplier to a software solutions supplier. It is clear that FileNET's products, coupled with its increased market-based strategy is having a heavy impact on the industry."

Document Management Magazine was the first publication to recognize four major active market
segments of the document management industry. Those segments have been covered within the
Magazine and on the Document Management Web site (www.docmanage.com) for more than one year. The overall segments are MANUFACTURING (including Discrete Product and Process, Petrochemical), PUBLIC SECTOR (including Utilities, Telecommunications, Transportation and Governments), FINANCIAL SERVICES (Insurance, Banking, Investment Banking), and HEALTHCARE.

To recognize the growth of any market segment and of any vendor that has played a significant role in developing that segment, Document Management Magazine grants their Market Achievement Awards to those vendors that in the opinions of the Magazine?s editorial staff, have been successful in penetrating a given segment with cost-effective solutions.

Recognizing vendors that achieve a significant number of successful installations in a given market
segment is one of Document Management?s methods of signaling the user community within that
market segment that one vendor has reached a significant level of acceptance by their compatriots.

Additional Market Achievement Awards will be announced in the future by Document Management Magazine.