June 28, 2002 - Innodata Enters Into Partner Alliance With Turn-Key Systems

NEW YORK, Jun 28, 2002 (BUSINESS WIRE) -- INNODATA CORPORATION (NASDAQ: INOD) announced a new partnership alliance with Turn-Key Systems of Australia, makers of TopLeaf, an XML-based looseleaf composition tool.

Under the terms of this alliance, Innodata's Systems and Training Division, ISOGEN International, will become a certified integrator of the TopLeaf XML Composer system for customers based in North America and Europe.

Shirley Keating, Managing Director of Turn-Key Systems, located in Sydney, Australia, stated, "We are pleased to be partnering with ISOGEN International and Innodata. We have great respect for their depth of knowledge and their experience with XML and complex publishing environments. We feel that ISOGEN will provide a strong backbone to support our growing North American customer base."

Innodata's Chairman and CEO, Jack Abuhoff, noted, "We are pleased to be able to complement our skill sets with the type of technology that Turn-Key Systems can offer to our customers."

George Kondrach, President of Innodata's ISOGEN International division, added, "We are happy to add Turn-Key Systems to our growing list of alliance partners around the world. The TopLeaf product has impressed our staff with its native support for international standards and robust features at an affordable price. Turn-Key Systems has designed their product to be extensible in a manner that will enable our staff to implement TopLeaf as a component in large-scale solutions for our customers."

About Turn-Key Systems

Turn-Key Systems (www.turnkey.com.au) is a technical software company dedicated to the publishing industry, maintaining expertise in current technology. Their TopLeaf product has been recognized as an industry leader for looseleaf composition products. Turn-Key has implemented XML-based TopLeaf solutions for several customers in various industries, including legal subscription publishing, directories, catalogues, and equipment maintenance documentation.

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 education in XML and related standards 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 division (www.isogen.com) offers advanced systems engineering and education at four U.S.-based solutions centers. 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:
Laurie Haldeman-Lambe, 201/488-1200 ext. 5310
laurie_haldeman@inod.com

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