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April 28, 2002 - Innodata Expands Relationship With LexisNexis

 

NEW YORK, Apr 18, 2002 (BUSINESS WIRE) -- INNODATA CORPORATION (NASDAQ: INOD) today announced that Innodata's ISOGEN International Training unit (ISOGEN Training) is extending its training relationship with LexisNexis(TM) and providing a broader range of course offerings.

LexisNexis provides information solutions to the legal, corporate, government and academic markets, and publishes legal, tax and regulatory information via online, hardcopy print and CD-ROM formats. The global legal and information division of Reed Elsevier plc, LexisNexis Group combines dozens of brands that are leaders within their respective markets.

ISOGEN Training offers a diverse selection of courses as well as customized sessions through its XML Learning Framework (TM) so companies can optimize their return on training investments and best harness the power of XML in their businesses. LexisNexis is implementing a curriculum-based approach and has once again chosen ISOGEN Training for the majority of its XML training needs. ISOGEN Training has provided XML Training services to LexisNexis since 2000.

Innodata provides digital asset solutions to Elsevier Science, also a division of Reed Elsevier, since 1994 and recently announced a broadening of services provided with a multi-year agreement.

LexisNexis' Senior Training Analyst, Richard P. Gardner stated, "Working with our Global Electronic Product Development organization, the LexisNexis training department is bringing substantial XML skills and knowledge into the company to meet new product development and business growth objectives worldwide. We require a training program that remains on the cutting edge of rapidly evolving XML technologies. ISOGEN Training uniquely delivers with a robust curriculum that takes students from entry to advanced XML learning levels."

Innodata's Chairman and CEO, Jack S. Abuhoff noted, "This relationship points to Innodata's unique capability to deliver powerful solutions for global information providers with manifold digital asset and training needs. We are forging even stronger long-term partnerships by leveraging expertise across our operations."

George Kondrach, President of ISOGEN Training and Innodata's ISOGEN Systems unit, added, "LexisNexis and many other organizations that have a bias for using XML look to technical education to develop thought and action-leadership to solve real-world business problems. The ISOGEN International XML Learning Framework (TM) is the most effective and widely-used training method for attaining these results."

About LexisNexis

LexisNexis is a global leader in providing comprehensive and authoritative news, business and legal information solutions to corporate, academic, government and legal markets, and is a member of Reed Elsevier PLC, which is owned equally by Reed International PLC (NYSE: RUK) and Elsevier NV (NYSE: ENL). The LexisNexis(TM) services combine searchable access to over three billion documents from thousands of sources with leading-edge systems and tools for managing and evaluating this content. The LexisNexis family of products includes LexisNexis at nexis.com(sm) for the information profession and LexisNexis at lexis.com(R) for the legal profession, as well as numerous customized products delivering both job-specific and enterprise-wide industry-leading knowledge solutions. For more information, see www.lexisnexis.com.

LexisNexis is a finalist in the 2002 Codie Awards in five categories, including the prestigious Corporate Achievement Award. Hosted since 1985 by the Software and Information Industry Association (SIIA), the Codie Awards recognize the software and information industry's finest products and services and honor excellence for corporate achievement and philanthropic efforts.

About Innodata

Innodata (www.innodata.com) is the world's largest dedicated provider of digital asset services and solutions. Innodata delivers content manufacturing, content conversion, systems engineering, and library standards education to leading companies in fields as diverse as publishing, telecommunications, healthcare, and defense. Innodata's seven content manufacturing centers based in Asia provide peerless outsourced support to companies worldwide, and its ISOGEN International division offers advanced systems engineering and education from four U.S.-based locations. In 2001, Fortune and Business Week each rated Innodata as one of the 100 top-performing public companies in the United States.

This release may contain certain forward-looking statements, including without limitation, statements concerning the Company's operations, economic performance, and financial condition. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," and other similar expressions generally identify 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, the ability and willingness of the Company's clients and prospective clients to execute business plans which give rise to requirements for digital content services and professional services in knowledge processing, difficulty in integrating and deriving synergies from acquisitions, potential undiscovered liabilities of companies that Innodata acquires, changes in the Company's business or growth strategy, the emergence of new or growing competitors, various other competitive and technological factors, and other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission. Actual results could differ materially from the results referred to in the forward-looking statements. 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 Corporation
Investor Relations:
Bob Sullivan, 201/488-1200 x 5392
robert_sullivan@inod.com

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