Artemis Reaches Milestone of 500,000 Users.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)--March 25, 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 ), one of the leading providers of enterprise project and portfolio management software solutions, today announced it has sold over 500,000 licenses of its enterprise software applications since the Company's inception in 1976. Over the span of its 27-year history, Artemis has provided products and services to Global 2000 organizations in targeted vertical markets, including financial services, aerospace and defense, government, energy and utilities, pharmaceuticals, telecommunications and high technology. Continued support from companies such as Lockheed Martin, Pfizer, Goldman Sachs, Southern Company, Siemens, Ford Motor Company and hundreds of other customers has been a critical factor in Artemis' successful tenure in the project and portfolio management arena. Artemis leverages its expansive global distribution network of 40 offices in 27 countries to deliver its mission-critical solutions. Its worldwide consulting team, comprising over 250 professionals, utilizes PM2 -- a proprietary program management implementation process -- to ensure customers maximize their investments and overall business performance. 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 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 and utilities, telecommunications, pharmaceutical, government and financial services. The common stock of the company trades under the symbol "AMSI" on the OTCBB. 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 including its Annual Report filed on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2001, and its quarterly reports on Form 10-Q Form 10-Q See 10-Q. . 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. Note to Editors: The "2" in PM2 is superscript Any letter, digit or symbol that appears above the line. For example, 10 to the 9th power is written with the 9 in superscript (109). Contrast with subscript. . |
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