Jonathan Brayne, Partner and Chairman of Allen & Overy’s Innovation Panel, said, "Bringing together the data model and technology that were developed when docGenix was part of the Allen & Overy group with Innodata’s scale and proven document processing and technology capabilities creates a very strong solution for financial institutions who wish to proactively manage risk, reduce cost, speed reaction time to changes in market conditions or counterparty financial condition, and future-proof for changes in regulatory requirements that are now on the horizon. We look forward to seeing the docGenix solution develop its potential under Innodata’s ownership.”Michael Will, an alumnus of Clifford Chance and Allen & Overy LLP, has joined Innodata as President and Chief Product Officer of the docGenix division. Will is a derivatives lawyer and technologist, with 10 years of experience in applying sophisticated technology to complex legal documentation. Will was co-founder and partner in Allen & Overy's Derivative Services affiliate and created the data model and technical architecture behind its award-winning netting and collateral products, netalytics and CSAnalytics, which are currently in use by approximately 75% of the world's largest financial institutions. “I am so very pleased to be part of Innodata,” Will said. “In addition to its proven ability to analyze mission-critical legal information with great accuracy and efficiency, Innodata has over the past couple of years quietly assembled an outstanding cadre of content technologists with whom I can continue to broaden and evolve the docGenix product set in compelling and innovative ways.” About Innodata Isogen Innodata Isogen (NASDAQ: INOD) is a leading provider of publishing, digital content 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 services that draw upon global 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 Global Services Media’s Global Services 100, 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, India, Sri Lanka, and the Philippines. For more information, visit www.innodata-isogen.com . 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, 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. 1 http://cybercemetery.unt.edu/archive/fcic/20110310173545/http:// www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf 2 http://www.cftc.gov/ucm/groups/public/@swaps/documents/file/dfstudy_algo_040711.pdf