SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                   FORM 8-K

                                CURRENT REPORT
               PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
                              EXCHANGE ACT OF 1934


        Date of Report (Date of earliest event reported) June 25, 2003


                                 ZANETT, INC.
-----------------------------------------------------------------------------
             (Exact name of registrant as specified in charter)


        Delaware                    0-27068                56-4389547
-----------------------------------------------------------------------------
(State or other jurisdiction  (Commission File Number)    IRS Employer
   of incorporation)                                    Identification No.)


135 East 57th Street, 15th Floor, New York, NY               10022
----------------------------------------------               -----
(Address of principal executive offices)                 (Zip Code)


Registrant's telephone number, including area code       (212)-980-4600
                                                         --------------
-----------------------------------------------------------------------------



        (Former name or former address, if changed since last report).
         -----------------------------------------------------------
















<PAGE>
Item 5. Other Events

On June 25, 2003 the Company issued a press release announcing the expansion
of its Board of Directors to six members and the appointment of Lt. General
Jay W. Kelley (USAF Ret.) as a new director of the Company. A copy of this
press release is attached as an exhibit to this Form 8-K.


Item 7. Financial Statements and Exhibits


(c) Exhibits.


Exhibit No.                            Description
-----------      ----------------------------------------------------------
99.1             Press release announcing the appointment of Lieutenant
                 General Jay W. Kelley to the Zanett, Inc., board of
                 directors.

                                  SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                          ZANETT, INC.


Date:  June 26, 2003               by:   /s/ Jack M. Rapport
       --------------                     -------------------
                                          Name:  Jack M. Rapport
                                          Title: Chief Financial Officer





                              Exhibit Index

Exhibit No.                            Description
-----------      ----------------------------------------------------------
99.1             Press release announcing the appointment of Lieutenant
                 General Jay W. Kelley to the Zanett, Inc., board of
                 directors.
[{"type": "8-K", "sequence": "1", "filename": "r8kbod62603.txt", "description": "8-K", "secsgml_size_bytes": 3015}]
{"company-data": {"conformed-name": "ZANETT INC", "cik": "0001133872", "assigned-sic": "7389", "irs-number": "564389547", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-32315", "film-number": "03758382"}, "business-address": {"street1": "135 E 57TH STREET", "street2": "15TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10022", "phone": "2127595700"}, "mail-address": {"street1": "135 E 57TH ST 15TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10022"}, "former-company": {"former-conformed-name": "PLANET ZANETT INC", "date-changed": "20010206"}}
SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                   FORM 8-K

                                CURRENT REPORT
               PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
                              EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported) June 25, 2003

                                 ZANETT, INC.
-----------------------------------------------------------------------------
             (Exact name of registrant as specified in charter)

        Delaware                    0-27068                56-4389547
-----------------------------------------------------------------------------
(State or other jurisdiction  (Commission File Number)    IRS Employer
   of incorporation)                                    Identification No.)

135 East 57th Street, 15th Floor, New York, NY               10022
----------------------------------------------               -----
(Address of principal executive offices)                 (Zip Code)

Registrant's telephone number, including area code       (212)-980-4600
                                                         --------------
-----------------------------------------------------------------------------

        (Former name or former address, if changed since last report).
         -----------------------------------------------------------
Item 5. Other Events

On June 25, 2003 the Company issued a press release announcing the expansion
of its Board of Directors to six members and the appointment of Lt. General
Jay W. Kelley (USAF Ret.) as a new director of the Company. A copy of this
press release is attached as an exhibit to this Form 8-K.

Item 7. Financial Statements and Exhibits

(c) Exhibits.

Exhibit No.                            Description
-----------      ----------------------------------------------------------
99.1             Press release announcing the appointment of Lieutenant
                 General Jay W. Kelley to the Zanett, Inc., board of
                 directors.

                                  SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                          ZANETT, INC.

Date:  June 26, 2003               by:   /s/ Jack M. Rapport
       --------------                     -------------------
                                          Name:  Jack M. Rapport
                                          Title: Chief Financial Officer

                              Exhibit Index

Exhibit No.                            Description
-----------      ----------------------------------------------------------
99.1             Press release announcing the appointment of Lieutenant
                 General Jay W. Kelley to the Zanett, Inc., board of
                 directors.