Artemis Surpasses 600,000 Users Worldwide; Company Adds 30 New Customers in First Half 2005.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, has surpassed the 600,000 worldwide user mark with 30 new customers signed in first half 2005. The most recent additions to the already impressive list of customers include France Telecom, Pfizer, Hitachi, Raytheon, Toyota Australia, LG Micron, LG Chem, Cummins, China Telecom, and NAVSEA NAVSEA Naval Sea Systems Command NAVSEA Naval Avionics Support Equipment Appraisal , with the vast majority choosing the most recent release of Artemis 7. At the same time, the number of customers focusing on the company's leading solution for New Product Development (NPD NPD New Product Development NPD Nouveau Parti Démocratique (Canada) NPD Narcissistic Personality Disorder NPD Norwegian Petroleum Directorate NPD Nationaldemokratische Partei Deutschlands ) continues to grow at an aggressive pace. "The pace at which we continue to grow demonstrates both the excellence of the Artemis solution, as well as the growing demand for management-facing Product Lifecycle Management (PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design ) solutions," said Patrick Ternier, 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 Artemis International Solutions Corp. "In order for companies to survive in today's competitive market, they must be able to tie product development to market demand. There is no room for guessing in today's market. The Artemis solution delivers unprecedented capabilities that put stakeholders in the driver's seat -- eliminating guesswork when it comes to prioritizing and selecting products and executing cross-functional development projects. With over 600,000 users worldwide, Artemis has clearly demonstrated its leadership as a Product Portfolio Management (PPM) solution provider." In addition to adding a myriad of new customers, the company continues to grow its existing customer base through new user licenses at such organizations as Chicago Mercantile Exchange Chicago Mercantile Exchange (CME) Chicago Mercantile Exchange (CME) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. , Telecom Italia, Wachovia, Siemens, McData and others. The company also recently announced its latest version of Artemis 7, offering improved project management, enhanced idea management, and support for IBM's DB2 database. The company's continued focus on real world business requirements allows it to develop solutions that provide immediate benefits to customers. Its emphasis on New Product Development solutions allow organizations to establish clear product goals and objectives that are linked to overall corporate strategy. "Artemis Solutions help us to automate the Stage Gate process that is a primary R&D process in LG Chem," said Keehyuk Lee, Manager Research Planning, LG Chem. "With the Artemis Solution, we can manage all processes from idea to commercialization including the strategic decision making process." "Investment in innovation to capture market opportunity will be the main driver for PLM investment into 2006. With worldwide manufacturing productivity at an all-time historical high, manufacturers are now focused on growth through innovative products that meet market needs. However, innovation will come from both internal and external sources, requiring connectivity to extended product launch teams," said Mike Burkett in the August 2005 AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Research Report, The Product Lifecycle Management Applications Report, 2004-2009. "C-level demands for visibility and prioritization of innovation projects will drive investment in PPM applications. This application segment often draws investment from the nontraditional PLM buyer, preferred by C-level executives and program management offices responsible for insuring that product launches align with business objectives. This need to support executive-level decision making will drive PPM to achieve an 11% CAGR CAGR See: Compound Annual Growth Rate through 2009." The company will be showcasing its latest solution for new product development later this month as a key sponsor of the Product Development and Management Association 2005 International Conference at the Paradise Point Resort and Spa, San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . 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 new product development, IT management, program management, and strategic asset optimization. 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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