February 3, 2000 - Innodata Announces Listing of Its Common Stock On Nasdaq's National Market System

NEW YORK--(BUSINESS WIRE)--Feb. 3, 2000-- Innodata Corporation (Nasdaq: INOD) today announced that its common stock began trading on Nasdaq's National Market System (NMS), effective today.

Innodata's stock previously traded on Nasdaq's SmallCap Market. Innodata's trading symbol, INOD, remains the same.

Jack Abuhoff, Innodata's President and CEO, said, "Obtaining this listing is the first of a series of important steps we are taking to generate broader interest among potential investors and improve liquidity in the public market for our common stock. We are most pleased that our strong growth and continued performance has allowed us to meet the more stringent quantitative and non-quantitative requirements of the NMS."

Abuhoff continued, "Innodata is an Internet services firm. The Nasdaq NMS has been widely heralded as perhaps the most efficient and receptive market for Internet stocks. Other companies in the Internet services sector such as Razorfish (RAZF) and USWeb (USWB) - have done well through the NMS, and we look forward to deriving some of the same benefits they have.

"Our unique ability to migrate massive content to the Web will become increasingly in demand as enabling technologies such as broadband increase the market's appetite for compelling digital content. The biggest winners will be those companies that are able to satisfy this appetite, and they will capture more than a fair share of a rapidly expanding pie."

Innodata adds value to its client partners by providing outsourcing services custom-tailored to their specific Internet and on-line content delivery requirements. Innodata's Internet and on-line data conversion and content management services enable its clients to create and disseminate vast amounts of information via the Web and on-line. For more information, visit the Company's web site at http://www.innodata.com or contact Laurie Haldeman-Lambe, Investor Relations, at (201) 488-1200 or via e-mail at investor_relations@inod.com.

This release contains certain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," and "anticipate," as well as the words "may," "could," "will likely," and other words of similar purport and other similar expressions generally, identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are based largely on the Company's current expectations and are subject to a number of risks and uncertainties, including without limitation, changes in external market factors, changes in the Company's business or growth strategy, or an inability to execute its strategy due to changes in its industry or the economy generally, and various other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission. In light of these risks and uncertainties, there can be no assurance that the results referred to in the forward-looking statements contained in this release will in fact occur.

CONTACT:
Innodata
Laurie Haldeman-Lambe, Investor Relations, 201/488-1200
e-mail: investor_relations@inod.com