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Office of the Deputy Prime Minister Goes Live with Artemis 7; Artemis Solution Helps Shape the Future Delivery and Success of the Thames Gateway Program.


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. -- The Office of the Deputy Prime Minister A Deputy Prime Minister or Vice Prime Minister is, in some countries, a government minister who can take the position of acting Prime Minister when the real Prime Minister is temporarily absent.  (ODPM ODPM Office of the Deputy Prime Minister (UK)
ODPM Objective Directed Project Management
) has signed a framework agreement with 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
).

The Artemis solution is enabling the Thames Gateway The Thames Gateway is an area of land stretching 40 miles (60 km) eastwards from East London on both sides of the River Thames and the Thames Estuary. The area, which includes much brownfield land, has been designated a national priority for urban regeneration.  Delivery Unit (TGDU) to manage ODPM's part of Government's GBP GBP

In currencies, this is the abbreviation for the British Pound.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 6 billion investment in the Thames Gateway, which amounts to GBP 800 million. By replacing numerous spreadsheets with the Artemis solution, the TGDU is able to make informed decisions based on reliable information. The solution supports the Regeneration Framework process, and provides up to 30 external organizations to upwardly report their performance against their expenditure, outputs, milestones and risks.

"The delivery of the Thames Gateway Program is a significant program within the Office of the Deputy Prime Minister," said Stephen Stringer, Deputy Head of the Thames Gateway Delivery Unit. "It is vital that we are able to track and report the performance of the Program, and have clear visibility of the all the information including the forecasts, outputs and expenditure. Following a pilot of the Artemis solution, which is also being used at the Regional Development Agencies, we have now gone live with the system.

"We adopted a phased approach to ensure that the system would address our immediate requirements, and our possible future requirements. A number of our delivery partners are now using the Artemis solution, and we look forward to working together with them and Artemis in successfully delivering the Thames Gateway Program."

"The Thames Gateway Program represents the future for London and the South East, and we are proud to have the opportunity to participate in this prestigious project," said Rob Legge, Managing Director Artemis International Corporation, UK. "Artemis has extensive experience in working with Government Programs and initiatives and the TGDU's selection of Artemis further validates the value, reliability and comprehensive nature of Artemis products and services. We look forward to a continuing successful relationship with the ODPM Thames Gateway Delivery Unit, and contributing to the ultimate success of the Thames Gateway Program."

About the Thames Gateway Program

The Thames Gateway Program is the largest regeneration project in Western Europe Western Europe

The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO).
, covering an area of 40 miles long and 20 miles wide along the Thames riverside. This involves regenerating brownfield sites by establishing sustainable communities including the creation of 120,000 new homes and 180,000 new jobs, as well as developing the infrastructure for the main London 2012 Olympics site that is being created in the Thames Gateway in Stratford.

Together, Prime Minister Tony Blair Noun 1. Tony Blair - British statesman who became prime minister in 1997 (born in 1953)
Anthony Charles Lynton Blair, Blair
 and Deputy Prime Minister John Prescott launched the detailed Thames Gateway strategy while visiting Gravesend, Kent, in March 2005. They also announced that a total of GBP 6 billion is being invested by Government in Thames Gateway, including a dedicated Program managed by ODPM Thames Gateway Delivery Unit.

The Thames Gateway Program involves managing a minimum of 60 projects per annum Per annum

Yearly.
, distributed amongst 30 delivery partners. TGDU has overall responsibility for managing the Program which includes measurement of physical outputs such as jobs and housing, managing projects against key theme categorizations, such as Town Centre Generations, monitoring of capital expenditure, and geographical reporting on housing built in Parliamentary constituency, ward, etc.

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 organisations 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 organisations 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

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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 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUFI
Date:Feb 7, 2006
Words:756
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