ARTEMIS ASSISTS FEDERAL AGENCIES TO INCREASE FUNDING SUBMISSION APPROVALS AND COMPLY WITH MANDATES THROUGH IMPROVED CAPITAL PLANNING PROCESSES

Government IT Portfolio Management Solution Automates the Budget Submission Process and Ensures OMB Capital Planning Compliance to Reduce Business Case Rejections

Over the last 10 years, significant attention has been directed on improving the way in which departments and agencies plan, budget and manage information technology investments. The need for improved capital planning has led to legislation and Presidential mandates affecting IT investment management and requiring improved E300 business submissions. Agencies face historic rates of funding request rejections by the Office of Management and Budget (OMB) due to increased federal government requirements to demonstrate sound business cases and the lack of an organized investment selection, control and evaluation process. Facing a yearly budget cycle, departments are aware they must have a repeatable, manageable and predictable process for how they evaluate and select investments in order to receive funding for their key initiatives. “While agencies know the scoring procedure and should be able to ensure successful submissions, the lack of an organized, centralized way to access required business case data makes this entire process extremely challenging for most agencies today,” said Greg Schottland, government solutions manager at Artemis. “Artemis’ government IT solution helps federal agencies organize this process to ensure funding success with significantly less effort.”

The Artemis 7 Federal IT Investment Management solution embodies the General Accounting Office (GAO) IT Investment Management (ITIM) best practices framework, the de-facto standard process for IT investment management among federal agencies. It represents years of collective agency experience. By automating the process of evaluating, selecting and controlling IT investments with minimal change from current systems and processes, the Artemis 7 Federal IT Investment Management (A7 Federal ITIM) solution enables agencies to substantially automate many currently manual processes. The solution includes ready-to-use templates enabling a fast start in using the GAO ITIM framework. Additionally, E300 and E53 reporting come pre-built and ready to use. This will improve management of their capital IT investments in three key areas:

• E300 generation and budget submission
• Alignment with federal mandates
• Investment compliance and oversight

A7 Federal ITIM enables organizations to effectively implement investment management processes or for those that are already using ITIM, it can help them automate and improve the process. It also supports electronic submission of funding requests directly to OMB via XML format or through eCPIC, formerly I-TIPS. Agencies can use the A7 Federal ITIM solution to:

• Automate and produce OMB budget submissions that get approved
• Plan and ensure improvement on PMA Scorecard ratings
• Improve IT investment selection and ensure more reliable outcomes
• Manage an agency Enterprise Architecture improvement plan
• Ensure compliance with the President’s e-Gov Initiative

In addition to the Artemis 7 software, the Artemis 7 IT Investment Management solution includes guidance, support and implementation services from the government savvy Artemis consulting team.

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.