Artemis Forms Strategic Alliance With Enterprise Architecture Firm Agilense.Business Editors NEWPORT BEACH, Calif.--(BUSINESS WIRE)--March 11, 2003 Alliance Expands Artemis' Worldwide Distribution Network; Enhances Customer Service in North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Federal & Commercial Sectors Artemis International Solutions Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMSI AMSI Australian Mathematical Sciences Institute AMSI Ambient Surround Imaging AMSI Atlantic Merchant Shipping Instructions AMSI Ameritech Message Signal Interface .OB), one of the leading providers of enterprise portfolio, project and resource management software, today announced it has formed a strategic alliance with Agilense, Inc. -- an Enterprise Architecture (EA) solutions vendor that helps corporations build agile business environments through business and IT architecture transformation. "We are delighted to have Agilense as a strategic partner," stated Mike Rusert, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Artemis. "This alliance is central to the Artemis strategy of expanding our business into federal, state and local governments in the United States. With the expertise Agilense has in Enterprise Architecture, we are confident that clients will receive the best offerings and services available to agencies today." Artemis currently serves multiple government agencies around the world with its Portfolio Management solutions, including the Regional Development Agencies in the UK and the Ministry of Infrastructure in Italy. Governments are particularly focused on accountability and prioritization in the current environment, and the Artemis Portfolio Management solutions provide a framework to manage their broad range of projects. Under the alliance, Agilense will provide enhanced versions of Artemis's enterprise portfolio, project and resource management solutions to federal and commercial clients in North America. Agilense recently became a member of the Channel Advantage Program -- Artemis's reseller program designed to give customers worldwide greater accessibility and enhanced services and support. "Artemis recognized the significant market requirement for a solution that provides integrated enterprise architecture, capital planning and investment control (CPIC CPIC Canadian Police Information Centre CPIC China Pacific Insurance (Group) Co. Ltd. CPIC Capital Planning & Investment Control CPIC Combined Press Information Center CPIC Coalition Press Information Center ), initiative portfolio and project management. The Agilense EA offering, tightly integrated with the Artemis technology, creates a complete solution to meet the compliance requirements of the OMB OMB abbr. Office of Management and Budget Noun 1. OMB - the executive agency that advises the President on the federal budget Office of Management and Budget Federal Enterprise Architecture The Federal Enterprise Architecture (FEA) is an initiative of the US Office of Management and Budget that aims to comply with the Clinger-Cohen Act and provide a common methodology for information technology (IT) acquisition in the United States federal government. (FEA (Finite Element Analysis) A mathematical technique for analyzing stress, which breaks down a physical structure into substructures called "finite elements." The finite elements and their interrelationships are converted into equation form and solved mathematically. ) and other government requirements," said Steve Hunter, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of Agilense. "Agilense is now the only software vendor to provide an end-to-end solution to meet true Operational Enterprise Architecture maturity levels, for both the federal and commercial markets." About Artemis International Solutions Corporation Artemis International Solutions Corporation is one of the world's leading providers of enterprise portfolio, project and resource management software solutions for all levels of the enterprise -- from the executive to the knowledge worker. Artemis' solutions are supported by industry-leading consulting services and an international distribution network of 40 offices in 27 countries. Artemis has over 500,000 users around the world, and services key vertical markets such as Aerospace and Defense, Energy & Telecom, High Technology, Pharmaceutical, Government, Automotive and Financial Services. The common stock of the company trades under the symbol "AMSI" on the OTCBB. For more information, visit www.aisc.com. About Agilense Agilense Incorporated, founded in 2000 and headquartered in the Washington D.C. metro region, is an Enterprise Architecture (EA) vendor specializing in helping organizations build agile business environments through business and IT architecture transformation and practical implementations of leading-edge EA products. Agilense software captures the current shape of the enterprise and maps a route to bring about an adaptive, responsive, and resilient business and technology infrastructure. For more information, visit the Agilense Web site at www.agilense.com. Forward Looking Statements "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. reduction and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission including its Annual Report filed on Form 10-K for the year ended December 31, 2001, and its quarterly reports on Form 10-Q. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements or for prospective events that may have a retroactive effect. |
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