2001 - Blue Star Infotech has registered a net profit of Rs 31.42
 million for the quarter ended Sep 30, 2001 on a              total
 income of Rs 137.95 million.
 
 2002
 
 -BSE imposes special margin of 25% on the company.
 
 -Signs a multi-year  mn Application Outsourcing contract with Micro
 Warehouse.
 
 -Sets up a new development centre at Mumbai.
 
 -Receives Level 5 CMM  accredition.
 
 -Mr R P Singh takes over as COO, European Operations of the company.
 
 2003
 
 -Wins Rs.22cr software development order from US-based York
 International Ltd.
 
 -Gets  mn orders from Hitachi Medical Corporation.
 
 -Enters into Japan market to offer embedded software development and
 engineering services for Japanese Companies.
 
 -Registered officed now changed to Band Box House, 4th floor,
 Dr.Annie Besant Road, Worli Colony P O , Mumbai - 30.
 
 2004
 
 -Blue Star Infotech Ltd has been awarded 'The European Seal of
 Excellence' by the European Multimedia Association Convention
 (EMMAC), a platform consisting of Europe's national and regional
 multimedia associations.
 
 -Blue Star Infotech has forged an alliance with Netpro Technologies
 to offer Business Intelligence (BI) solutions of ProClarity
 Corporation in the Indian market
 
 -Sells its 51 per cent stake in Blue Star Infotech (Malaysia) Sdn Bhd
 to joint venture partner MCM Technologies Bhd
 
 -The company appoints Mr. Ashutosh Gupta as Managing Director w.e.f.
 November 01, 2004.
 
 2005
 
 -Blue Star Infotech partners with Datastream, USA for Enterprise
 Asset Management Solutions on January 24, 2005