Regional Development Agencies Choose Artemis Portfolio Management Software For Monitoring Their Department Of Trade and Industry Spend

Enterprise Software Solution Provides Mission Critical Planning and Control

NEWPORT BEACH, CA - September 25, 2002 - Artemis International Solutions Corporation (OTCBB: AISC), one of the world’s leading providers of enterprise-based portfolio, project and resource management software solutions, today announced the signing of an agreement with eight of England’s Regional Development Agencies (RDAs). The $3M contract is for the provision of the Artemis PortfolioDirector software solution to plan, monitor and control their investment projects in the eight RDAs based in key English regions. The RDAs report to the Department of Trade & Industry (DTI), with the exception of the London Development Agency, which reports to the capital’s Mayor. Geoff Parker, finance spokesperson for the RDAs, said: "We are pleased to be working with Artemis International. After a rigorous selection process we have found a product which meets our requirements and we look forward to working with the Company." The RDAs drive economic regeneration in the English Regions and often work in joint funding partnership with the private sector and local public bodies. They report directly to the Government on all aspects of project spending, including value-for-money and outcomes generated. Artemis PortfolioDirector will provide the complete solution for all reporting requirements to include project health financials, schedule visibility, performance against targets, monitoring of benefits and ROI for each project, and for sub-components of projects. Mike Rusert, President and CEO, Artemis, stated, "We are looking forward to working in partnership with the RDAs in helping them to achieve their economic regeneration targets. This activity has been cited as the number one IT priority in the RDAs today, and the system is therefore mission critical. The RDAs’ choice in Artemis further validates the value, reliability and comprehensive nature of our portfolio management solution, which is a key strategic component in our overall suite of offerings." Artemis was selected following a rigorous bidding process that involved 48 ‘expressions of interest’ during a selection process of six months’ duration. The system requirement is for all aspects of the program to be fully operational in all eight agencies by March 2003. 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.