Artemis Unveils Enhanced Program Performance Management Solution

New Program Management Solution Combines Business Intelligence, Schedule Management and Earned Value Management

NEWPORT BEACH, CA – June 28, 2005 - Artemis International Solutions Corporation (OTCBB: AMSI), global provider of Investment Planning and Control™ software, today unveiled an enhanced Program Performance Management solution designed specifically for the Aerospace and Defense industry. With the new release of Artemis Program Performance Management, customers have instant access to a host of new features that dramatically improves program performance, including the ability to comply with virtually all major regulatory and quality standards. Artemis Program Performance Management
Artemis for Program Performance Management combines advanced schedule management, earned value management, time tracking, performance measurement and reporting, delivering unique Earned Value Management Intelligence™ (EVMI™) solution. The combination of these capabilities delivers unparalleled functionality, clearly separating the Artemis solution from products that focus only on project management or traditional cost reporting features. “As the industry leading enterprise project and resource management solution, Artemis Program Performance Management plays a crucial role in supporting major players in the aerospace and defense market,” said Patrick Ternier, president and CEO of Artemis International. “Our proprietary EVMI technology offers these customers the competitive edge they need by giving them direct and instantaneous feedback and control to guide their long term profitability and growth. This new solution is flexible enough to be used in small or large programs while also offering compliance with stringent government contractual requirements.” With an emphasis on detailed scheduling and integrated cost management, Artemis Program Performance Management incorporates single and master schedule management capabilities, supporting Integrated Master Schedule (IMS) and Integrated Master Plan (IMP) requirements. The company’s proprietary EVMI technology gives companies in both commercial and governmental sectors the ability to influence and manage their long term profitability and growth, when managing large and complex programs involving multiple vendors or small, self-contained projects. By providing complete project, contract and financial management, as well as analysis and reporting, EVMI is a powerful capability that allows organizations to manage and control all costs and performance associated with programs and projects across the enterprise. “EVM is expanding as a method for managing programs rather than simply for reporting on status, with the goal to trigger corrective action sooner on program variances,” said Michael Burkett, research director for AMR Research in an alert titled Defense Manufacturers Look Beyond ERP for Flexible EVM, issued March 3, 2004. ”This requires putting information into the hands of PMs, CAMs, and other business owners that can take necessary action. While capable of providing EVM, ERP applications currently struggle to provide the flexibility and ease of use needed to encourage adoption by nontraditional users.” Built to comply with the stringent government contractual requirements for defense programs, such as Earned Value Management ANSI 748, Integrated Master Plan (IMP), Integrated Master Schedule (IMS) and the Software Engineering Institute Capability Maturity Model for Systems and Software Engineering (SEI CMMI®), Artemis for A&D is a truly flexible program management environment. Enterprise Repository
Offering flexibility for consolidating all program information and delivering integration with existing enterprise information systems, Artemis Program Performance Management PPM includes support for Oracle and SQL Server databases. Pricing and Availability
Available immediately, Artemis for A&D includes training materials on all new functionality.

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.