(BSNS WIRE) Innodata Announces Two-for-One Stock Split; Innodata to Report
Innodata Announces Two-for-One Stock Split; Innodata to Report Fourth Quarter
and Fiscal 2000 Results on March 7th
Business Editors
NEW YORK--(BUSINESS WIRE)--March 1, 2001--Innodata Corporation
(NASDAQ: INOD), a leading provider of digital content outsourcing
services, today announced that its Board of Directors declared a
two-for-one stock split of its common stock payable on March 23, 2001
to holders of record on March 13, 2001.
The Company also announced that it will report fourth quarter 2000
results before the market opens on Wednesday, March 7, 2001. The
Company has scheduled an investor conference call for 11:00AM EST on
that same day. Investors are invited to access a live Webcast of the
conference call at the investor relations section of www.innodata.com.
A replay of the Webcast will be available at the same location for 30
days following the conference call.
Innodata is the premier provider of digital content outsourcing
services. The company offers a "single solution" for companies needing
to create high-value, large-scale Web content. This approach empowers
companies to become market leaders by focusing on product development
and marketing while partnering with Innodata to build content.
Innodata's digital content outsourcing services include strategic and
technical consulting for content initiatives across multiple digital
channels; content architecture services; data conversion; metadata
creation; and digital content management. Through its XML Content
Factory(TM), it builds large-scale XML-compliant information
resources. Innodata's clients range from leading Global 1000 companies
to new media companies, and include some of the largest, most
prestigious publishers of digital content. Its web site is
innodata.com.
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" 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, changes in external
market factors, the ability of the Company's clients to continue to
execute their business plans which give rise to increased requirements
for digital content services, changes in the Company's business or
growth strategy or an inability to execute its strategy due to changes
in its industry or the economy generally, the emergence of new or
growing competitors, various other competitive 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 in fact occur.
--30--mw/ny*
CONTACT: Lippert/Heilshorn Associates, Inc., New York
Financial Communications
Jody Burfening/Ted Crawford, 212/838-3777
jody@lhai.com/ted@lhai.com
KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE INTERNET
SOFTWARE
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