PlanetSoft sets up a virtual development and maintenance infrastructure for Exchange’s flagship VALEX product. This set up provided seamless support for over 6 million lines of code supporting heterogeneous environments.

PlanetSoft sets up its Global Development Center in Hyderabad, India, to provide near 24x7 development capabilities to its clients. Through its global development centers PlanetSoft provides seamless development capabilities leveraging multiple time zones.

PlanetSoft and CYRK, Inc. form a strategic partnership to provide web-based promotional marketing solutions to Fortune 500 companies. Through the strategic relationship PlanetSoft went on to provide innovative technology solutions to companies like Yahoo!, Coca-Cola, Caterpillar, Chevron, Phillip Morris, Nalco/Exxon, TransAmerica, and a host of other companies. Cyrk is the nation's leading corporate merchandise services firm working with many of the world's most high-profile brands, supporting their corporate brand merchandise, marketing and promotional program initiatives.