Innodata Isogen Selected to Provide Strategic Consulting Services to Global Information Services Company

• Press Release
• Source: Innodata Isogen
• On 8:00 am EDT, Wednesday October 28, 2009

NEW YORK--(BUSINESS WIRE)--INNODATA ISOGEN, INC. (NASDAQ: INOD - News), a leading provider of knowledge process outsourcing services, as well as publishing and related information technology services, today announced that it has been engaged by a global information services company to provide strategic consulting services relating to business process and technology re-engineering. The company is an existing client of Innodata Isogen.

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Through the engagement, which is expected to generate approximately $300,000 in revenue, Innodata Isogen will define with the client a program of operational transformation for one of its North American divisions. This program of work is expected to enable acceleration of growth and profitability for the business unit.

The engagement underscores Innodata Isogen’s ability to provide leading global publishers and information providers with high-level, strategic services that leverage its own deep experience in processes and technologies used to create, distribute and disseminate information. Responding to the growing need among publishing and information provider clients for transformative strategies, Innodata Isogen made significant additional investments in its content-related consulting and technology outsourcing capabilities earlier this year.

“This engagement is an indication that our approach to the market is enabling Innodata Isogen to deepen its relationships with its clients while accessing new revenue opportunities,” said Jack Abuhoff, CEO and Chairman of Innodata Isogen. “In this case, Innodata Isogen was ideally suited to help a leading information company obtain efficiencies and cost savings by harnessing advances in information technology and multi-shoring strategies.”

Stephen Ryden-Lloyd, Senior Vice President and head of Innodata Isogen’s Consulting Practice, added “As publishers adapt to challenging trends in the publishing marketplace and new techniques for the delivery of information, they face complex business issues requiring increased ROI from their investment in process change, organizational alignment, content architecture, global sourcing and technology. Our expertise is in helping them discover opportunities and achieve improvements across their entire spectrum of operations.”

About Innodata Isogen

Innodata Isogen (NASDAQ: INOD - News), 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 the New York metro area, Innodata Isogen has offices and operations in the United States, the United Kingdom, France, Israel, China, India, Sri Lanka, and the Philippines.

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" 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.

Innodata Isogen, Inc.
Corey D. Luskin, 201-371-8055
Vice President
cluskin@innodata-isogen.com