Innodata to Present at Needham & Company, LLC's 15th Annual
Growth Conference

NEW YORK - January 10, 2013 - INNODATA INC. (NASDAQ: INOD) today announced that its CFO, O'Neil Nalavadi, will be presenting at Needham & Company, LLC's 15th Annual Growth Conference to be held at the New York Palace Hotel in New York, NY, on Wednesday, January 16, 2013, starting at 11:20 AM Eastern time.  Nalavadi will be available afterwards for one-on-one meetings with investors participating in the conference.

A live audio webcast of management's presentation will be available at the following link http://wsw.com/webcast/needham55/inod/.  Shareholders and interested investors are recommended to register at least 10 minutes prior to the start of the presentation to ensure timely access.  The webcast and presentation will also be archived on Innodata's website for 90 days following the event.  A copy of the presentation materials will be available on the Company's web site www.innodata.com.

About Needham & Company, LLC

Needham & Company, LLC, a wholly owned subsidiary of The Needham Group, Inc., is a privately held, full-service investment bank that has focused exclusively on growth companies since it was founded 28 years ago.  It concentrates on private companies and on public companies that have market capitalizations of up to $5 billion, and provides its clients with the resources to achieve their financing and strategic objectives.  The Firm has expertise in IPOs, follow-on equity offerings, private placements, PIPEs and Registered Direct Offerings, and in Mergers & Acquisitions and Corporate & Venture Services (including share repurchases).  In addition to investment banking, Needham's principal activities include institutional sales and trading and asset management.  To serve its institutional clients, Needham & Company, LLC produces comprehensive equity research on more than 350 companies in clean technology and industrial growth, communications and enterprise infrastructure, consumer, healthcare, semiconductors and semiconductor equipment, and software.  The firm is headquartered in New York City with offices in Boston, Menlo Park and San Francisco.  Needham & Company, LLC is a member of FINRA, SIPC & SIFMA.

For more information, please see www.needhamco.com.

About Innodata

Innodata (NASDAQ: INOD) is a leading provider of business process, technology and consulting services, as well as products and solutions, that help our valued clients create, manage, use and distribute digital information.  Propelled by a culture of quality, service and innovation, we have developed a client base that includes many of the world's preeminent media, publishing and information services companies, as well as leading enterprises in information-intensive industries such as aerospace, defense, financial services, government, healthcare, high technology, insurance, intelligence, manufacturing and law.

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 ofLeading Outsourcing Providers to the Printing and Publishing Business.

Headquartered in the New York metro area, Innodata has offices and operations in the United States, the United Kingdom, Israel, 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," "forecast," "likely"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, that our Innodata Advanced Data Solutions segment is subject to the risks and uncertainties of early-stage companies; the primarily at-will nature of the Company's contracts with its Content Services segment customers and the ability of the customers to reduce, delay or cancel projects; continuing Content Services segment revenue concentration in a limited number of customers; continuing Content Services segment 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, joint ventures and strategic investments; 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 significantly 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.

Company Contact
Raj Jain
Vice President
Innodata Inc.
rjain@innodata.com
(201) 371-8024

or

Media Contact
Stanley or Andrew Berger
SM Berger & Company
(216) 464-6400


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