ARTEMIS CONTINUES ADVANCING A7™ & VIEWS™ PRODUCTS

Artemis announces publicly available releases of key software suites

AUSTIN, Texas, August 15th 2007 -- Artemis International Solutions Corporation, through its parent, Versata Enterprises, Inc., announced today the release of enhanced versions of its Artemis 7 (A7) and Artemis Views product suites. Artemis 7, Version 7.0, provides significant performance, usability, and quality improvements prioritized by customers worldwide. Foremost amongst the enhancements is a 2-times improvement in response time for 8 complex transactional processes, resulting in an estimated 30% improvement in user productivity on the 7 most common user tasks. In addition, the new release culminates a 6-month quality improvement initiative and resolves over 100 customer requests, while incorporating new features including generic resources, project templates, Earned Value Management (EVM) support and various financial metrics. Artemis Views, Version 8.0, includes advancements in usability, performance, and quality, as well as support for Sarbanes-Oxley (SOX) compliance. Artemis affirmed its commitment to Customer Success by including over 100 customer driven features and enhancement requests to advance performance of ProjectView, CostView, TrackView, and PerformanceView. To ensure continued product advancement, Artemis has defined a quarterly release strategy for A7 and Views. Frequent product releases will enable Artemis to react quickly to customer demands while accelerating Artemis products to acknowledged market leadership. Randy Jacops, CEO of Versata Enterprises and Artemis International Solutions, commented, “When we acquired Artemis, we observed the market-leading history of Artemis products and recognized the opportunity to recapture market imminence by transforming Artemis to a customer-led company. We announced our intent to invest for the future and asked our customers to help accelerate those goals. These releases reflect a significant step in delivering on commitments and affirm our customer success focus.” Paula Ward, Cost Management Senior Specialist from Lockheed Martin commented, “Artemis’ products have been our source for managing projects using Earned Value Management for twelve years at Lockheed Martin Aerospace. We find that commitment to product improvement and customer satisfaction is the number one priority of Artemis International Solutions.” Dan Carroll, Director of Product Strategy for Artemis, commented, “Our customers are broadening the use of our products, and they are deploying our portfolio, technology, and asset management solutions, along with integrated cost and scheduling, to the entire corporation. The product roadmaps for both A7 and Views will continue to focus on the key features required for enterprise use.” Over the next 6 to 9 months, significant new capabilities and enhancements will be added to Artemis 7 and Artemis Views that will deliver market leading performance, scalability, and reliability. Development also continues on an integrated version of Artemis 7 and Artemis Views in early 2008. The anticipated solution will enable interoperability between Portfolio Management and detailed Project Management capabilities, an extension driven by customer feedback based on potential business impact. About Artemis International Solutions Corporation With over 600,000 users worldwide and a global network covering 45 countries, Artemis International Solutions Corporation is the world’s leading provider of Project Portfolio Management solutions. Artemis has refined 30 years experience into a suite of industry optimized solutions and consulting services designed to help both private and public sector organizations execute their strategies and improve performance through effective project portfolio management. Artemis Solutions address the organization’s total investment planning and control needs including; IT Management, New Product Development, Program Management and Strategic Asset Optimization. About Versata Enterprises With a global presence in 45 countries from North America to Europe and Asia, Versata Enterprises, Inc., provides solutions for automating and simplifying the building, maintenance and ongoing evolution of large, complex, data-intensive enterprise applications and for managing and auditing product and asset portfolios. Additionally, Versata’s business rules solution effectively and efficiently replaces time-intensive hand-coding efforts with simple, intuitive business rules and graphical process flow specifications, thereby accelerating implementation timing and enabling customers to deliver targeted functionality and integration. Coupled with Versata’s Customer Success Program whereby customers define criteria for a successful relationship and Versata commits to delivering them, the Versata portfolio is the leading option for business and IT organizations looking to deliver business value and lower cost to their customers. Further information is available at http://www.versata.com.