ARTEMIS INTERNATIONAL DELIVERS ENTERPRISE PORTFOLIO AND RESOURCE MANAGEMENT SOLUTIONS FOR ENERGY INDUSTRY

Energy Companies Benefit from Enhanced Alignment Between Operations and Strategic Initiatives

NEWPORT BEACH, Calif., December 10, 2003 – Artemis International Solutions Corporation (OTCBB: AMSI) today announced its enterprise portfolio, project and resource management solutions designed specifically for the energy industry. Artemis’ energy solutions deliver an automated, systematic approach ensuring the alignment of strategic objectives with ongoing projects and available resources. With a base of over 2,000 customers worldwide, Artemis has drawn from its experience in helping energy companies effectively plan and manage the activities and resources associated with plant shutdown and maintenance projects to develop the energy solutions. Through accurate tracking and improved measurement, companies are able to make better decisions faster, manage execution, measure results and maintain more effective corporate control. “There are a number of significant obstacles confronting energy companies today. In the midst of deregulation and increased shareholder demand, these companies are challenged to effectively manage their investments, increase operational efficiency and ensure plant safety, all while controlling costs,” said Mike Rusert, Artemis president and CEO. “A centralized, automated system for managing and prioritizing major expenditures and assets benefits both a company and its shareholders.” The Artemis energy solutions are built on Artemis’ Web-based enterprise software platform and include: Fleet and Asset Management The fleet and asset management solution unites site engineering and business operations processes by providing a single system for prioritizing all investments and major work. By using this approach, the timing of repair, replacement or new capital investments can be balanced against available resources and the operational requirements to achieve an optimized long-range work plan. The end result is a plan that achieves that careful balance of risk and opportunities in a complex environment. Plant Outage ManagementThe outage management solution delivers highly scalable project management functionality to plan and manage the activities and associated resources for decreased risk and increased efficiency of plant shutdown and maintenance projects. Corporate Information Technology (IT) ManagementInstituting consistent processes and standard methodologies across an organization and proactively identifying projects that deliver low value are among the benefits of the corporate IT management solution. Information technology plays an important role in improving the competitiveness of energy companies. The solution provides users the ability to align, prioritize and balance IT investments according to their company’s business strategy, reducing IT costs and optimizing resources. Artemis’ energy solutions are developed on the company’s enterprise portfolio, project and resource management platform, Artemis 7, and are pre-configured for the energy industry. The energy solutions are immediately available.

Artemis International Solutions Corporation (OTCBB: AMSI) is one of the world’s leading providers of enterprise portfolio and project management software and services. Artemis has refined 30 years experience into a suite of industry optimized solutions that integrate application modules with packaged consulting services to provide an immediate response to today’s business needs. The solutions combine to establish an improved corporate governance framework encompassing top-down investment planning for corporate IT management, public sector program management, new product development and detailed project and program management. With a global network covering 43 countries, Artemis has helped thousands of companies worldwide to improve their business performance through better alignment of strategy and project implementation. 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. 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