Innodata Isogen Announces New KPO Wins Valued at Ongoing $2.4 Million Per Year

NEW YORK – July 15, 2008 – INNODATA ISOGEN, INC. (NASDAQ: INOD), a leading provider of knowledge process outsourcing services, as well as publishing and related information technology services, announced today that it has signed several significant new knowledge process outsourcing (KPO) deals.

“These wins, in addition to the editorial services agreement we announced last week, demonstrate that we continue to see strong demand for our services from clients seeking to lower the costs of creating and managing content,” said Jack Abuhoff, chairman and CEO of Innodata Isogen. “Our focus on KPO and publishing services enables us to deliver enormous value to our clients.”

The new deals are expected to generate the following estimated revenues per year of each contract:

• $1 million for services to a publisher of hobbyist and specialty books and magazines;
• $450,000 for content creation services to a leading provider of information to the healthcare industry;
• $350,000 for legal editorial services to a multinational publisher;
• $300,000 for content creation services to a leading information services provider to the insurance industry; and
• $300,000 for content creation services to a leading European media services company.

On July 8th, Innodata Isogen announced that it had signed an agreement with a leading scientific journal publisher to provide a wide range of editorial services. The five-year agreement is expected to generate $1.5 million per year in recurring KPO revenue.

About Innodata Isogen

Innodata Isogen, Inc. (NASDAQ: INOD) is a leading provider of knowledge process outsourcing (KPO) services, as well as publishing and related information technology (IT) services.

We work as a product development partner to our clients, helping them meet their content creation and publishing challenges. We provide outsourcing services that draw upon onshore and offshore resources, proven project management and highly engineered processes and tools. We also help our clients improve their internal business operations with process and systems engineering.

Our clients include leading enterprises in information-intensive industries such as media, publishing and information services, high technology, manufacturing, aerospace, defense, law, government and intelligence. Recent honors include EContent Magazine’s EContent 100, KMWorld Magazine’s 100 Companies That Matter in Knowledge Management, the International Association of Outsourcing Professionals’ (IAOP) Global Outsourcing Top 100, D&B India’s Leading ITeS and BPO Companies and the Black Book of Outsourcing’s Top List of Leading Outsourcing Providers to the Printing and Publishing Business.

Headquartered in Northern New Jersey, Innodata Isogen has offices and operations in the United States, the Philippines, India, Sri Lanka, Israel, China and France.

This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words “project,” “head start,” "believe," "expect," “should,” "anticipate," "indicate," "point to," “estimate” and other similar expressions generally identify forward-looking statements, which speak only as of their dates.

These forward-looking statements are based largely on our current expectations, and are subject to a number of risks and uncertainties, including without limitation, the primarily at-will nature of the company's contracts with its customers and the ability of customers to reduce, delay or cancel projects, including projects that the company regards as recurring; continuing revenue concentration in a limited number of clients; continuing reliance on project-based work; inability to replace projects that are completed, cancelled or reduced; depressed market conditions; changes in external market factors; the ability and willingness of our customers and prospective customers 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 we acquire; changes in our 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 our 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:
Doug Milbrodt
Senior Marketing Manager
201-371-2524
dmilbrodt@innodata-isogen.com