Artemis opens office in China

Singapore, August 27, 2003 – Artemis International Solutions Corporation today announced the opening of its new representative office in Shanghai, China. The presence of the Shanghai office will support the growing needs of portfolio, project and resource management software and services. The China office will add on to Artemis’ already vast network of 48 offices in 43 countries. Mr. Matthew Zhou has been appointed vice president (Marketing Development, Asia) and will manage the new office in China. With a thorough understanding of the China market, Zhou is responsible for the development of the China market, an area that will provide Artemis with significant growth opportunities in the future. According to Zhou, "During my many years of business marketing in China, I have seen organizations struggle with strategic implementations due to lack of visibility and control. Artemis has the solution to address this problem. I see a tremendous market need that we can address to help China’s economic development. There is great potential in the areas of portfolio, project and resource management for various industries including Government, Financial Services, Energy, Automotive, High Technology, Pharmaceutical and Telecommunications”. As part of its strategy to capture a larger market share in China, Artemis is interested in engaging business partners in Mainland China and Hong Kong. These business partners will assist in marketing and distribution of the Artemis software and providing value-added services such as consulting, localization, implementation, training, customization and support services. “The strategic expansion of our global network is imperative to servicing our worldwide customer base,” said Mike Rusert, Artemis president and CEO. “The Shanghai office provides a local presence in a market that has unique needs and requires customized solutions for the various industries within that region.” The opening of the office in China, coincides with the recent release of Artemis’ new enterprise portfolio management software Artemis 7. Designed to provide operational transparency and address corporate governance requirements from the top down. Artemis 7 allows executives to prioritize the corporate portfolio of assets and initiatives, track current status directly from operational units, identify business risks early, understand the impact of change and make better decisions faster. In association with the release of Artemis 7, the company is formalizing a series of industry-focused solutions that address specific management processes. Contact details for the office: 1. Artemis International Corporation Pte Ltd
Shanghai Representative Office
Room 1425, Suncome Cimic Tower,
800 Shang Cheng Road
Pu Dong New Area 200120
Shanghai, China
Telephone Number: 86-21-58352232 , 86-21-58352207
Fax Number: 86-21-58352998

2. Artemis International Corporation Pte Ltd
89 Science Park Drive,
#04-06/07, The Rutherford,
Singapore 118261
Telephone Number: 65-6778-1678
Fax Number: 65-6778-6884