September 16, 2003
Artemis outsources to Regus in £1.5 million deal

Artemis International Solutions Corporation, one of the world's leading providers of Enterprise Portfolio, Project and Resource Management Software and Services, has outsourced its UK property requirements to Regus, the world's largest provider of serviced offices.

In a deal worth £1.5 million, Artemis will take 135 workstations and a number of client focused training and technology environment facilities in the Regus centre at Bath Road Slough.

For Artemis, UK Finance Director Robert Lee commented: "As a major international business, we chose Regus because of the company's global reach and the high quality of its offering. In the UK, we wanted to avoid expensive property commitments and Regus offered the ideal solution - cost-effective, flexible, easy-to-use".

For Regus, UK CEO David Ford said: "We're delighted to have Artemis on board. As this deal shows, more and more corporations are turning to outsourcing as a solution to their property needs. Artemis wanted to increase focus on its customers and core business, not on bricks and mortar. Partnership with Regus makes this possible".