PLANSOFT® MEETING MANAGEMENT SOLUTIONS TO POWER CONFERENCEDIRECT INTERACTIVE TM

PlanSoft Corporation, the leading provider of Internet-based, business-to-business solutions for the $110 billion meeting and events industry and ConferenceDirect announced a partnership to bring various Internet products and services to ConferenceDirect associates, clients and key industry suppliers.

CONTACTS:
Brian Richey           Alison R. Martin
ConferenceDirect   PlanSoft Corporation
770-698-9005 ext 15   561-638-2284

brian_richey@conferencedirect.com
amartin@plansoft.com
   
FOR IMMEDIATE RELEASE

Industry Leaders Announce Joint Services, Marketing and Distribution Initiative

CLEVELAND and LOS ANGELES, January 9, 2002 – PlanSoft Corporation, the leading provider of Internet-based, business-to-business solutions for the $110 billion meeting and events industry and ConferenceDirect announced a partnership to bring various Internet products and services to ConferenceDirect associates, clients and key industry suppliers.

As part of the agreement, ConferenceDirect will deploy a customized version of PlanSofts Meeting Management Solutions (MMS) branded as ConferenceDirect Interactive" to connect ConferenceDirect associates and their clients. In addition to fully leveraging ConferenceDirects substantial buying and negotiating power, associates and clients alike will also be able to more accurately forecast all meeting-related expenses, control costs and enhance communication throughout the meeting planning process.

We are excited about our alliance with PlanSoft," commented Brian D. Stevens, President and CEO of ConferenceDirect. PlanSoft has built the industrys premiere facility databases, search engines, meeting planning tools and technology solutions that will undoubtedly improve service to our clients. As part of this exciting program, ConferenceDirect customers will be just a click away from our meeting planning services."

The agreement also calls for ConferenceDirect to continue to leverage PlanSofts facility/supplier databases, online Tour Marketing Packages, and Great Rates program as its exclusive site selection source. In addition, PlanSofts MMS product will provide ConferenceDirect with an enterprise-wide meeting planning, consolidation, and reporting product suite.

Our relationship with ConferenceDirect further expands PlanSofts distribution and offers exciting, new business opportunities for both organizations," said Edward Tromczynski, President and COO of PlanSoft Corporation. ConferenceDirects expertise and industry relationships complement our strategy of significantly growing market share through key partnerships."

About PlanSoft Corporation

PlanSoft is the leading provider of Internet-based, business-to-business solutions in the $110 billion meeting and convention industry. The companys flagship destination site, mpoint.com, enables meeting professionals to communicate and transact business with both U.S. and international meeting facilities, hotels and related industry suppliers.

In addition to the company's mpoint and private label solutions, PlanSoft's Meeting Management Solutions (MMS) product reflects the natural evolution of the planning industry by giving organizations more direct control over their costs and productivity. More information regarding PlanSoft Corporation is available at the company's corporate web site, www.plansoft.com, or via telephone at 330-405-5555.

About ConferenceDirect

With more than 100 associates, ConferenceDirect is the largest, growing, meeting outsourcing company in the nation. Founded in 1998, its goal is to help companies, foundations and associations make the most of their time, energy and resources by offering a one-stop service for their meeting needs. For more information, visit the web site at www.conferencedirect.com or via telephone at 310-859-7044.
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