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Artemis International Expands Global Presence with New Partner in Mexico, Siproco Asociacion Profesional.


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)--Dec. 11, 2003

Alliance Brings Industry-Leading Portfolio Management Software and

Services to Mexican Market

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 a new distribution and support partnership with Siproco Asociacion Profesional. The partnership will allow Artemis to penetrate the Mexican market with its industry-leading portfolio, project and resource management software, and Siproco to leverage its business and technology consulting services to Mexican companies This is a List of Mexican companies:
  • Aero California, airline
  • Aerolitoral, airline
  • Aeroméxico, airline
  • Aeromexpress, cargo airline
  • Alestra, telecommunications
  • Alfa, conglomerate
  • Alpek, petrochemicals
  • Alpura, dairy
  • América Móvil
 and government agencies.

This partnership provides an integrated offering to Mexican businesses and government agencies to improve planning, budgeting and portfolio management through a structured, repeatable process, supported by industry-leading software to enable the implementation of these processes throughout corporations and government departments and agencies.

"Mexican companies face challenges in managing their significant investments and assets," says Patricia Zalce, general manager of Siproco. "First, they lack the background and experience to design new business and financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 processes that will stand the test of time. Secondly, they lack enabling software to make implementation of these new processes both easy and effective. Our partnership with Artemis International delivers on both of these challenges."

In the last decade, the Mexican economy has grown significantly, and Mexican companies are now some of the largest and most successful in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . With more evidence that the economies of Mexico and the United States Relations between the United States and Mexico are among the most important and complex that each nation maintains. They are shaped by a mixture of mutual interests, shared problems, and growing interdependence.  are closer than ever, both are impacted by increased globalization globalization

Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation
 and e-commerce, as well as the increased competition from China and the rest of Asia. Mexican companies, therefore, like their counterparts in the U.S., are under increased pressure to streamline operations and ensure optimal economic performance. "This scenario creates a unique opportunity for the combination of Artemis' portfolio and project management solutions and Siproco's proven business and technology consultancy services," said Mike Rusert, president and chief executive officer of Artemis.

About Siproco Asociacion Profesional

Siproco Asociacion Profesional is a business and technology consultancy firm with more than 20 years of experience. Siproco provides value-added and integrated solutions to its customers in Mexico and Latin America and delivers world-class services and technological solutions through its highly qualified professional team.

Siproco's customer portfolio includes leading multinational and Mexican companies as well as government agencies.

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 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.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUFI
Date:Dec 11, 2003
Words:605
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