Montevideo, June 15, 2004 - Breogán Gonda introduced GeneXus at the Business Show Tokyo 2004, the largest Information Technology Exhibition in Japan, where he gave a presentation on May 13th. "Many corporations in Japan have realized that without integrating advanced technology, such as ours, their software industry cannot compete with development outsourcing services," pointed out ARTech's president regarding the creation of GeneXus Japan.

GeneXus Japan, Inc. is the result of ARTech's alliance with high-profile Japanese entrepreneurs for the distribution of GeneXus in the Japanese market. The company is chaired by Engineer Fumio Owaki, who claims GeneXus is the technology "that can save the software and services industry in countries like Japan." "If we continue to develop at low levels, development will inevitably be done in countries with qualified human resources and very low salaries: this industry has no future in developed countries," said Owaki.

In addition to this joint venture in Japan, ARTech continues to grow in China through patient and constant work that has now continued for over three years. "We expect to see significant growth in the East," stated ARTech president.

Furthermore, the company continues to develop the Brazilian and Mexican markets through its branches ARTech de Mexico and ARTech do Brazil, as well as its network of distributors in 28 countries.

Over 4,500 customers use GeneXus all over the world to create and integrate mission-critical applications that adapt easily to relentless business change. GeneXus allows companies to use their unique know-how and implement solutions on the leading technology platforms.

ARTech is the leading provider of knowledge-based software development tools. Founded in 1988, it is based in Montevideo (Uruguay), with offices in the United States, Mexico and Brazil, and a worldwide network of distributors.

GeneXus Japan, Inc.

108-0014

FUJI BLDG.4F,5-30-9SIBA,MINATO-KU

Tokyo- Japan

http://www.genexus.com