September 29, 2003 - Innodata to Change Name; Company Will Be Doing Business as Innodata Isogen

NEW YORK--(BUSINESS WIRE)--INNODATA CORPORATION (NASDAQ: INOD), a leading provider of content supply chain solutions to commercial publishers, Global 2000 enterprises, government agencies and major archives, libraries and museums around the world, today announced that effective immediately it will be doing business as Innodata Isogen. The company will ask its shareholders in November to approve the change of the corporate name to Innodata Isogen, Inc.

Since December 2001, when the company acquired Isogen International, an expert provider of standards-based content management and publishing systems, the company has steadily expanded the breadth and depth of its offering to encompass the entire content supply chain. Doing business as Innodata Isogen is symbolic of this transformation.

"We've entered an exciting new phase of growth and development," said Jack Abuhoff, CEO and chairman of the company. "The whole of this organization is definitely greater than the sum of its historical parts. That's a message the market is responding to. Our updated corporate identity, I believe, will highlight our on-going transformation more boldly."

Abuhoff underscored, "We can optimize the entire content supply chain of virtually any organization. Clients can choose discrete point solutions or simply outsource their entire content supply chain to us."

A content supply chain is the sequence of activities necessary to create, use and distribute information and information products.

"Because most businesses these days use, sell or depend on information, nearly every business has a content supply chain - whether or not they are aware of it," Abuhoff pointed out, "or its underlying economics."

The company is also rolling out a new logo and Web site - www.innodata-isogen.com - combining the equities in both brands in an updated treatment that reflects the dynamism, strength and professionalism of the organization and its associates worldwide.

All this is part of a larger strategy to enhance the company's competitive positioning in the marketplace, accelerate growth and generate greater value for all our stakeholders, explained George Kondrach, executive vice president of Innodata Isogen.

"We are one global company with unrivalled content supply chain expertise and experience," Kondrach said. "We have before us a distinct opportunity to serve the market, grow stronger and be more successful. It's an exciting time for us."

About Innodata Corporation

Innodata Corporation dba Innodata Isogen (www.innodata-isogen.com) optimizes content supply chains, helping clients realize significant cost savings and productivity gains from operations, achieve better outcomes and compete more effectively in demanding global markets.

Our solutions encompass virtually every activity necessary to create, use and distribute information products. Clients can choose from an array of integrated point solutions or simply outsource their entire content supply chain to us.

The company, based in metro New York, has seven content solution centers and satellites in North America and Europe, six certified content production facilities and a dedicated tools and technology center in Asia, together employing more than 7,000 content specialists worldwide.

Among our extensive roster of blue-chip clients are the world's leading commercial publishers, Global 2000 enterprises, government agencies, and major archives, libraries and museums.

In 2001, Fortune and Business Week each rated the company as one of the 100 top-performing public companies in the U.S.

This release contains 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," "indicate," "point to" 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, continuation or worsening of present depressed market conditions, 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 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 occur.

CONTACT: Innodata Corporation
Al Girardi, 201-488-1200, Ext. 5392
al_girardi@innodata-isogen.com
SOURCE: Innodata Corporation