(Thomson Reuters ONE via COMTEX) — NEW YORK – January 9, 2015 – INNODATA INC.
today announced that its Chairman and CEO, Jack Abuhoff, and its CFO, O’Neil Nalavadi, will be presenting at Needham Company, LLC’s 17th Annual Growth Conference to be held at the Palace Hotel in New York, NY, on Wednesday, January 14, 2015, at 10:40 AM Eastern time. Abuhoff and 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/needham69/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 website 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 30 years ago. It provides its clients with the resources to achieve their financing and strategic objectives. The Firm has capital raising expertise in IPOs, follow-on public equity offerings, confidentially marketed equity offerings, and private placements and in mergers acquisitions and corporate venture services (including share repurchases). In addition to investment banking, Needham’s 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 communications enterprise infrastructure; healthcare; industrial technology; Internet, entertainment consumer; semiconductors semiconductor equipment; and software services, and makes a market in over 650 stocks. The Firm is headquartered in New York City with offices in Boston, MA; Chicago, IL; Menlo Park, CA; and San Francisco, CA. Needham Company, LLC is a member of FINRA SIPC.
For more information, please visit www.needhamco.com.
is a global digital services and solutions company. Innodata’s technology and services power leading information products and online retail destinations around the world. Innodata’s solutions help prestigious enterprises harness the power of digital data to re-imagine how they operate and drive performance. Innodata serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies and many other industries.
Founded in 1988, Innodata comprises a team of 5,000 diverse people in 8 countries who are dedicated to delivering services and solutions that help the world make better decisions.
Recent Innodata 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, DB 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.
Forward Looking Statement
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 contracts may be terminated by clients; projected or committed volumes of work may not materialize; our Innodata Advanced Data Solutions segment is a venture formed in 2011 with minimal revenue that has incurred losses since inception and has recorded impairment charges for all of its fixed assets; the primarily at-will nature of contracts with our Content Services clients and the ability of these clients to reduce, delay or cancel projects; continuing Content Services segment revenue concentration in a limited number of clients; continuing Content Services segment reliance on project-based work; inability to replace projects that are completed, canceled or reduced; difficulty in integrating and deriving synergies from acquisitions, joint venture and strategic investments; potential undiscovered liabilities of companies that we may acquire; depressed market conditions; changes in external market factors; the ability and willingness of our clients and prospective clients to execute business plans which give rise to requirements for our services; 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.
We undertake no obligation to update or review any guidance or changes in the status of customer contracts, client relationships, or other forward-looking information, whether as a result of new information, future developments or otherwise. 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.