NEW YORK - June 25, 2012- INNODATA INC. (NASDAQ: INOD) announced today that it is has been added to the broad-market Russell 3000® Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 25, 2012.
"We are pleased to have been added to the Russell 3000® Index," said O'Neil Nalavadi, the Company's Senior Vice President and Chief Financial Officer. "We expect our inclusion will expose us to a wider range of institutional investors and could broaden our shareholder base."
More information about the impending reconstitution of the Russell 3000® Index is available at http://www.russell.com/Indexes/data/default.asp (http://www.russell.com/Indexes/data/default.asp).
About Innodata
Innodata provides business process, technology and consulting services, as well as products and solutions that help its clients create, manage, use and distribute digital information. Innodata operates in two reporting segments. Its Content Services segment supports the creation, enhancement, and repurposing of digital content. Its Innodata Advanced Data Solutions segment was launched in 2011 to render high quality advanced data analytics in the financial services, healthcare, medical and insurance industries.
The company is headquartered in the New York metropolitan area. It has offices and operations in the United States, the United Kingdom, Israel, India, Sri Lanka, and the Philippines.
Company Contact
Raj Jain
Vice President
Innodata Inc.
rjain@innodata.com (mailto:rjain@innodata.com)
(201) 371-8024
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Innodata Isogen Inc. via Thomson Reuters ONE
