RCS - Innodata Inc. - Rada Mihalcea Joins Innodata’s Advisory Board

InnodataAnnouncement

03/10/2022 08:15

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RNS Number : 4443B  Innodata Inc.  03 October 2022

Rada Mihalcea, Director of University of Michigan's Artificial Intelligence
Laboratory, Joins Innodata's Advisory Board

NEW YORK, NY / ACCESSWIRE / October 3, 2022 / Innodata Inc.
(https://pr.report/WGXcmr0o) (NASDAQ:INOD), a leading technology company,
announced today that Dr. Rada Mihalcea has joined its advisory board. Mihalcea
is a Professor of Computer Science and Engineering at the University of
Michigan and is Director of the University's Artificial Intelligence
Laboratory. Mihalcea is the second member of Innodata's advisory board,
following the appointment of Microsoft's US West region Chief Data Officer
Eduardo Kassner announced June 30.

"We are excited and honored to have Professor Mihalcea on our new advisory
board," said Jack Abuhoff, Chief Executive Officer of Innodata. "She is
extremely well-regarded in the AI community for her cutting-edge research. As
we continue to execute our growth strategy, we believe she will be invaluable
in helping us uncover new ways to connect data engineering and AI pipelines,
leverage new data sources and annotation strategies, identify emerging market
requirements for services and products, and forge relationships with
significant new customers."

Mihalcea's research at University of Michigan focuses on natural language
processing, multimodal processing, and computational social science. She has
received multiple awards for her work including the Presidential Early Career
Award for Scientists and Engineers bestowed by President Barack Obama in 2009.
The Michigan AI Lab is widely known for its high-impact, multidisciplinary
research that spans machine learning, data mining, computer vision, natural
language processing, robotics, and other applications of intelligent systems.

"I am excited to be joining Innodata's Advisory Board," Mihalcea stated. "High
quality data will increasingly be seen as foundational to high-performing AI
applications. Innodata - with its impressive track record of high-quality data
engineering for many of the world's leading companies - is well-positioned to
play an increasingly meaningful role helping companies embrace the future of
AI. I'm looking forward to working with Jack and his team to navigate the
journey."

About Innodata

Innodata (NASDAQ:INOD) is a global data engineering company delivering the
promise of AI to many of the world's most prestigious companies. We provide
AI-enabled software platforms and managed services for AI data annotation, AI
digital transformation, and industry-specific business processes. Our low-code
Innodata AI technology platform is at the core of our offerings. In every
relationship, we honor our 30+ year legacy delivering the highest quality data
and outstanding service to our customers. Visit www.innodata.com
(https://pr.report/VtAUCqvs) to learn more.

Forward-Looking Statements

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of the date hereof.

These forward-looking statements are based on management's current
expectations, assumptions and estimates and are subject to a number of risks
and uncertainties, including without limitation, the expected or potential
effects of the novel coronavirus ("COVID-19") pandemic and the responses of
governments, the general global population, our customers, and the Company
thereto; impacts resulting from the rapidly evolving conflict between Russia
and the Ukraine; that contracts may be terminated by customers; projected or
committed volumes of work may not materialize; continuing reliance on
project-based work in the Digital Data Solutions ("DDS") segment and the
primarily at-will nature of such contracts and the ability of these customers
to reduce, delay or cancel projects; the likelihood of continued development
of the markets, particularly new and emerging markets, that our services
support; continuing DDS segment revenue concentration in a limited number of
customers; potential inability to replace projects that are completed,
canceled or reduced; our dependency on content providers in our Agility
segment; difficulty in integrating and deriving synergies from acquisitions,
joint venture and strategic investments; potential undiscovered liabilities of
companies and businesses that we may acquire; potential impairment of the
carrying value of goodwill and other acquired intangible assets of companies
and businesses that we acquire; a continued downturn in or depressed market
conditions, whether as a result of the COVID-19 pandemic or otherwise; changes
in external market factors; the ability and willingness of our customers and
prospective customers to execute business plans that give rise to requirements
for our services; changes in our business or growth strategy; the emergence of
new, or growth in existing competitors; various other competitive and
technological factors; the Company's use of and reliance on information
technology systems, including potential security breaches, cyber-attacks,
privacy breaches or data breaches that result in the unauthorized disclosure
of consumer, customer, employee or Company information, or service
interruptions; and other risks and uncertainties indicated from time to time
in our filings with the Securities and Exchange Commission.

Our actual results could differ materially from the results referred to in
forward-looking statements. Factors that could cause or contribute to such
differences include, but are not limited to, uncertainty around the COVID-19
pandemic and the effects of the global response thereto and the risks
discussed in Part I, Item 1A. "Risk Factors," Part II, Item 7. "Management's
Discussion and Analysis of Financial Condition and Results of Operations," and
other parts of our Annual Report on Form 10-K, filed with the Securities and
Exchange Commission on March 24, 2022, as updated or amended by our other
filings that we may make with the Securities and Exchange Commission. In light
of these risks and uncertainties, there can be no assurance that the results
referred to in the forward-looking statements will occur, and you should not
place undue reliance on these forward-looking statements. These
forward-looking statements speak only as of the date hereof.

We undertake no obligation to update or review any guidance or other
forward-looking statements, whether as a result of new information, future
developments or otherwise, except as may be required by the Federal securities
laws.

Company Contact:

Marcia Novero

mnovero@innodata.com

201-371-8015

SOURCE: Innodata Inc.

 

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