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Terminal 5 Chooses Artemis International For Project Controls System  The Artemis Views Solution Chosen to Help Ensure the Success of Major Project    BOULDER, CO — April 03, 2002 — Artemis International Solutions Corporation (OTCBB: AISC), one of the world’s leading providers of enterprise-based project and resource collaboration software solutions, today announced that BAA, the world’s leading airport operator, signed a contract with Artemis International on January 29, 2002 for the provision of a comprehensive Project Controls System (PCS) for the Terminal 5 (T5) Project.
Artemis, with its Views project management software product suite and associated services, demonstrated that its skill and experience in this field was more than up to the challenge of providing the system BAA needed for the effective control of this complex project.
BAA is working to change the way the construction industry handles major projects such as new airport infrastructures. The implementation of this PCS is seen as a means of improving the basis on which management decisions are made, and, as a consequence, helping to ensure the success of T5.
Views will be utilized for detailed project planning and cost management as well as providing the ability to effectively manage change to project scope. The system will also be utilized to perform detailed earned value analysis and to produce comprehensive reports.
Rob Legge vice president of operations for Artemis, said, "We are extremely excited to be involved with T5, and after what has been a very rigorous tendering process, we are looking forward to working with BAA and its suppliers to deliver a world class PCS that will significantly contribute to the success of the Project. "
Jonathan Crone, head of project controls for Terminal 5, added, "Following an extremely thorough evaluation process, Artemis Views was selected as the T5 PCS because it demonstrated the closest fit to the unique challenges of the Project."
The Views PCS will support the T5 Project throughout its life span and will be fully operational before construction commences later in 2002.
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 50 offices in 43 countries. Artemis has over 530,000 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" Statement under the Private Securities Litigation Reform Act 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 reduction and trends in the industry in which the Company operates. These forward-looking statements are based on current expectations and are subject to a number of risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements are detailed in the documents filed by the Company with the Securities and Exchange Commission including but not limited to those contained under the Risk Factors section of Form 10-K for the year ended December 31, 2001. 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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