Artemis International Partners with True Solutions Inc.Business Editors 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)--Sept. 4, 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 ), one of the leading providers of enterprise portfolio, project and resource management solutions, today announced a strategic alliance with True Solutions Inc. (TSI TSI Total Solar Irradiance (sum solar light in energy per unit of time) TSI Trading Standards Institute (UK) TSI Transportation Safety Institute (US DOT) ), an enterprise systems integration provider that helps corporations build agile business environments through business and IT portfolio management. Under the alliance, True Solutions Inc. will provide Artemis' enterprise portfolio, project and resource management solutions to federal and commercial clients in North America. TSI recently became a member of the Channel Advantage Program; Artemis' reseller program designed to give customers worldwide greater accessibility and enhanced services and support. This strategic alliance brings new business opportunities and increased competitive advantage for both companies. "Management at all levels will benefit from the ability to simplify project management and ultimately improve investment visibility," says Wes Balakian, TSI's 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. . He believes portfolio management is fast becoming the next wave of productivity enhancement tools for evolving organizations. "Successful companies will emerge from the current economic conditions through structured organizational maturity, via the use of solutions such as Artemis 7." Mike Rusert, president and CEO of Artemis stated, "Our partnership with True Solutions, is evidence of our commitment to develop the public sector partnering with them on our recently released Artemis 7, portfolio management software." About True Solutions TSI is a global consulting and systems integration company based in Dallas, Texas. TSI facilitates the selection, implementation and adoption of technology with proven methodologies that accommodate clients' business processes and culture. With consulting and training experience around the world, TSI consultants and trainers include technical experts and tenured ten·ured adj. Having tenure: tenured civil servants; tenured faculty. Adj. 1. tenured academic professionals with years of knowledge in portfolio management, project management, business process reengineering See reengineering. and organizational maturity models. Visit www.true-solution.com or call 972-612-4432 for more information. 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 48 offices in 43 countries. Artemis has over 500,000 users around the world, and services key industries 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. 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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