Artemis International Solutions Corp. Adds George Bayz to Executive Team; Bayz Hired for Executive Vice President, General Manager, Americas Position as the Company Hones U.S. Market Strategy.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. -- 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 ), global provider of Investment Planning and Control(TM) solutions, today announced the company has added George G. Bayz to the executive team, as Executive Vice President and General Manager, Americas. Bayz was most recently chief executive officer and chairman of the board for Thinque Systems Corporation, a leader in mobile enterprise applications for global consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and companies. Thinque was sold to MEI Systems Corp. In his new role as Artemis' executive vice president and general manager, Americas, Bayz is responsible for driving growth in software licensing, support and consulting services in the U.S. specifically, and the region at large. "We are excited about the addition of George Bayz to the Artemis executive team," said Patrick Ternier, president and chief executive officer for Artemis. "We conducted a very thorough executive search, and couldn't have found a better fit. George has demonstrated the enthusiasm and professionalism that will benefit not only our U.S. operations, but also the company as a whole. In his tenure with Thinque Systems Corp., George grew the software and services revenue of the company from $8.0 million to $40 million in four years. We are anticipating the same sort of success with Artemis in the U.S. market." Bayz will be based out of the Company's headquarters in Newport Beach, Calif., and will report directly to 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. Patrick Ternier. Bayz holds degrees in business and law from University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission and Loyola Marymount University. About Artemis International Solutions Corporation Artemis International Solutions Corporation (OTCBB:AMSI) is one of the world's leading providers of investment planning and control solutions that help organizations execute strategy through effective portfolio and project management. Artemis has refined 30 years' experience into a suite of solutions and packaged consulting services that address the specific needs of both industry and the public sector including, IT management, new product development, program management, fleet and asset management, outage management and detailed project management. With a global network covering 44 countries, Artemis is helping thousands of organizations to improve their business performance through better alignment of strategy, investment planning and project execution. 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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