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1999 News Releases

Innodata Reports Record Quarterly and Nine Months Revenue 40% Revenue Increase From Comparable Nine Month Period

Innodata Corporation (Nasdaq: INOD) today announced record revenues of $7,073,000 for the third quarter ended September 30, 1999, an increase of $1,763,000, or 33%, compared to revenues for the third quarter of 1998, and record revenues of $19,710,000 for the nine months ended September 30, 1999, an increase of $5,601,000, or 40%, from the comparable period in 1998.

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