ARTEMIS BOLSTERS SALES AND MARKETING TEAM FOR NEW PRODUCT DEVELOPMENT SOLUTION

Appointment of Three New Executives Fuels Growth to Address Market Opportunities

NEWPORT BEACH, Calif., December 15, 2004 – Artemis International Solutions Corporation (OTCBB: AMSI), the world’s leading provider of Investment Planning and Control™ solutions, today announced it has strengthened its New Product Development (NPD) solution sales and marketing team with the addition of three new executives. Gregrey Abbott has been appointed to the position of sales executive and will be responsible for selling Artemis’ solutions for hi-tech and pharmaceutical New Product Development. Richard Burkart was named to the position of solution marketing manager and will be responsible for world-wide NPD solution development & marketing. Antonio Fazzalari has been appointed Business Consultant for NPD and will be responsible for design and delivery of Artemis’ solutions for high-tech and pharmaceutical product development organizations. All three executives are based out of Artemis’ recently expanded New York City offices. “Companies in a range of market segments from pharmaceutical to discrete manufacturing to high technology are seeking software solutions to assist them with the complexities of managing all the facets of new product development, said Patrick Ternier, president and CEO of Artemis. “We are seeing the demand for our product portfolio management solution increase and believe the addition of these experienced executives will enable us to continue achieving significant growth in this solution area.” Abbott, who has over 25 years of sales experience, previously held the position of director of account sales for Primavera’s enterprise management software. He held various other sales positions in his tenure with the company that spanned 12 years. Abbott has over 18 years software solution experience to Fortune 500 accounts and has expertise in project management, business process management and ERP applications. Burkart, also a software industry veteran, most recently served as a consultant for a number of pharmaceutical companies including Wyeth, Schering-Plough, Pfizer, GlaxoWellcome and Warner Lambert. His expertise includes pharmaceutical compliance and validation, full life cycle software systems development, and project management experience. He has also served in various positions as senior business analyst/strategist for over 20 years. Fazzalari has been in various business consulting positions over the past eleven years providing services for systems integration and alignment, strategic implementation and deployment of e-business strategies, portal and content management, and technical and business processes for a number of leading companies including IBM, Hartford Insurance, DuPont, ExxonMobil Corporation, and Eckerd Drugs.

Intense competition, shorter product lifecycles, changing customer expectations, escalating development costs and rapidly changing technology trends are putting tremendous pressure on research and development organizations. The challenge is to maintain the ideal balance of product development investments, optimize the use of R&D resources, and manage project execution to deliver the right products to market at the right time for the right cost. The Artemis solution for new product development helps organizations be more profitable by identifying, developing and filling market niches with new products faster than the competition while reducing costs through more efficient use of research and development resources. Comprising industry proven project portfolio management software, best practices and templates for new product development and a low-risk phased implementation approach, the Artemis solution is designed to help organizations achieve rapid ROI. Artemis has added several new customers for its New Product Development solution in 2004 including Actelion Pharmaceutical, Ltd., France Telecom R&D, Fujisawa Pharmaceutical Co., Ltd., MARIE – UNIQ Group, McData Corporation, Ogihara Corporation, SARA LEE Branded Apparel Europe, and Trigem.

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, 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 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” 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. 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.