This conference presents new advances in the study of planets orbiting other stars, their formation, and evolution, and methods for their detection and characterization using both ground-based and space-borne observations. Participants in the conference are active researchers in this new field, and the content of the conference is at a level appropriate for researchers and graduate students in astronomy or physics. Topics include: statistics of planetary systems; establishing the environment for planet formation; dusty disks and unseen planets; giant planets; terrestrial planets, dynamics and dynamical evolution of planetary systems; and programs and techniques for detection and characterization of extrasolar planets.