NEW YORK, June 25, 2012 - (ACN Newswire) - INNODATA INC. (NASDAQ: INOD) announced today that it is has been added to the broad-market Russell 3000(R) 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(R) 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(R) Index is available at http://www.russell.com/Indexes/data/default.asp .
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.
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Source: Innodata Isogen Inc. via Thomson Reuters ONE
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Topic: Press release summary
Source: Innodata Inc.
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