2001 News Releases

INNODATA CORPORATION (NASDAQ: INOD), a leading provider of digital content outsourcing services, today announced that it has acquired ISOGEN International from DataChannel, Inc. for approximately $1.3 million.

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In BW2102, (NY-INNODATA), first graph, seventh line should read $0.06 per diluted share (sted $0.25 per diluted share).

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INNODATA CORPORATION (NASDAQ: INOD), a leading provider of digital content outsourcing services, today announced revenues of $13,849,000 for the three months ended September 30, 2001, a 6% increase from revenues of $13,039,000 for the same period last year. Net income was $40,000, or $0.00 per diluted share, for the third quarter of 2001 versus net income of $1,468,000, or $0.25 per diluted share, for the third quarter of 2000.

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INNODATA CORPORATION (NASDAQ: INOD), a leading provider of digital content outsourcing services, today announced that it will report third quarter fiscal 2001 results before the market opens on Wednesday, November 7, 2001. The Company has scheduled an investor conference call for 11:00 AM EST on that same day.

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Innodata Corporation (NASDAQ: INOD) today announced that it is providing content conversion services for the "Look Inside the Book" initiative that Amazon.com (NASDAQ: AMZN) described in a press release on October 10, 2001.

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INNODATA CORPORATION (NASDAQ: INOD), a leading provider of digital content outsourcing services, today announced net income of $110,000, or $0.00 per diluted share, for the second quarter of 2001, versus net income of $429,000, or $0.02 per diluted share, for the second quarter of 2000. Revenues were $13,782,000 for the three months ended June 30, 2001, a 42% increase over revenues of $9,712,000 for the same period last year.

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INNODATA CORPORATION (NASDAQ: INOD), a leading provider of digital content outsourcing services, today announced that it will report second quarter fiscal 2001 results before the market opens on Thursday, August 9, 2001.

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INNODATA CORPORATION (NASDAQ: INOD) has requested that Bloomberg News retract a report its New Delhi newsroom made yesterday which incorrectly stated that a recent staff reduction in the Company's India production facility related to a cancellation of the Historical Newspaper Project.

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INNODATA CORPORATION (NASDAQ: INOD), a leading provider of digital content outsourcing services, today announced that Haig S. Bagerdjian has joined its Board of Directors.

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Innodata Corporation (NASDAQ: INOD), a leading provider of digital content outsourcing services, today announced that John R. Marozsan has joined its Board of Directors.

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