Artemis International Appoints New President and CEO.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)--Jan. 23, 2004 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 ), today announced the appointment of Patrick Ternier as 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. of the company. Ternier replaces Michael J. Rusert, who has resigned from his position as president, CEO and director of the company in order to pursue other interests. Ternier has a strong entrepreneurial background and over 20 years of experience in the global software industry. He most recently served the company as president of Artemis France and Germany and is recognized for bringing Artemis into a position of market leadership in those regions under his management. In his new role, Ternier will leverage his breadth of experience to further the company's position in the growing portfolio, project and resource management solution space. "We have a worldwide customer base that is second to none," said Ternier. "It goes without saying that the quality of those relationships is a foundation of our business. My focus, and that of the management team, is very much on execution and effectively driving forward new solutions that continue to solve customer problems. I see this as an opportunity to further leverage the company's global capabilities to achieve new successes." About Artemis International Solutions Corporation Artemis International Solutions Corporation (OTCBB:AMSI) is one of the world's leading providers of enterprise portfolio and project management software and services. Artemis has refined 30 years' experience into a suite of industry optimized solutions that integrate application modules with packaged consulting services to provide an immediate response to today's business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. needs. The solutions combine to establish an improved corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. framework encompassing top-down investment planning for corporate IT management, public sector program management, new product development and detailed project and program management. With a global network encompassing 43 countries, Artemis has helped thousands of companies worldwide to improve their business performance through better alignment of strategy and project implementation. For more information visit www.aisc.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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