ARTEMIS INTERNATIONAL SOLUTIONS CORP OPENS NEW CHINA OFFICE

Shanghai Office To Deliver and Support Artemis’ Investment Planning & Control Solutions Required by Chinese Companies to Improve Return on Invested Capital

NEWPORT BEACH, CA – August 31, 2005 – Artemis International Solutions Corporation (OTCBB: AMSI), global provider of Investment Planning and Control™ solutions, today announced the company has established a direct operation in Shanghai, China, to meet the growing demand for its line of Investment Planning & Control solutions including IT Management, New Product Development and Strategic Asset Optimization. While Artemis has had a presence in China for over two years, including clientele in mobile communications, the company stands ready to deliver its solutions and support for executives who require the tools and discipline to effectively manage corporate and public investments resulting from the unprecedented flow of foreign capital into China. "Investment in China is expanding at an incredible rate and it’s well beyond foreign companies looking for low-cost labor,” said Patrick Ternier, president and chief executive officer for Artemis. “Capital is flowing at this tremendous pace to build new companies and product development centers, taking advantage of a tremendous engineering talent pool. As a result, Chinese enterprises are adapting to a more market-driven economy. All of this investment and change is creating significant need for investment planning and control tools. Artemis is seen as a visionary company that will become a strategic partner to executives who must manage capital investment in the most efficient way.” The direct operation will provide a highly qualified local team for direct sales and support for its partners in Shanghai, Beijing, Tianjing, Guangzhou and Shenzhen, as well as in other regions where large investments are taking place. “China is a very important market for us. The investment Artemis has made in China is a strategic one,” said Johnny Tan, executive vice president, Asia Pacific for Artemis International. “With a local presence, Artemis can concentrate on supporting existing customers, while also continuing to develop and maintain an extended customer base. Artemis solutions are well positioned to help organizations in China improve visibility over their business performance and maximize return on their investments.”

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.