Artemis Forms Strategic Alliance with Conseillen, Inc.Business Editors/High-Tech Writers NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--May 9, 2003 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), a leading provider of enterprise portfolio and project management software solutions, today announced it has formed a strategic alliance with consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a Conseillen, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The partnership will allow Artemis to provide more complete portfolio management solutions to global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. organizations. "We have demonstrated to our customers the advantages of providing assistance in managing their projects and resources as investments," 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 International. "One of the key benefits of portfolio management is a capacity planning Determining the required future configuration of hardware and software for a network, datacenter or Web site. There are numerous capacity planning tools on the market used to monitor and analyze the performance of the current hardware and software. capability when the primary objectives are driven by efforts to apply limited resources efficiently in a dynamic market setting. Conseillen has direct experience in delivering best practices in this area. We are excited to be working with them, as their business expertise is highly complementary to our portfolio management solutions for the financial services market." Under the alliance, Conseillen will help customers resolve the business and organizational challenges of introducing an effective portfolio management solution. This includes implementing efficient business processes and, where necessary, realigning operational activities with management's objectives. Conseillen offers expertise that helps firms make the most of their investments in both technology and people. "To be competitive, financial services firms must be able to implement new ideas quickly and cost-efficiently," stated Graham Millington, President of Conseillen. "Only by aligning limited human and capital resources with clearly defined business goals can this be achieved. Artemis' solution enables senior management to not only deploy resources in line with stated objectives, but also to make course corrections to reflect market shifts, competitive threats and other unpredictable challenges." Artemis currently provides portfolio and project management solutions to some of the leading financial institutions in the world, including Wachovia Bank, Goldman Sachs, ING Barings and ABN AMRO. About Artemis International Solutions Corporation Artemis International Solutions Corporation is one of the world's leading providers of enterprise project and portfolio management software solutions for all levels of the enterprise. 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, Telecommunications, 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 Conseillen, LLC. Conseillen offers business and organizational expertise gained in large financial institutions to help clients implement initiatives quickly and cost-efficiently. Our experience combines strategic project management skills with business and industry know-how to enable firms to achieve the optimal balance of high-quality service and cost-efficient operations. For more information, please visit www.conseillen.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. 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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