RCS - Innodata Inc. - Innodata Announces New Advisory Board

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30/06/2022 15:15

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RNS Number : 7267Q  Innodata Inc.  30 June 2022

Innodata Announces New Advisory Board to Drive Growth

Appoints Microsoft Exec as Inaugural Member

NEW YORK, NY / ACCESSWIRE / June 30, 2022 / Innodata Inc.
(https://pr.report/WGXcmr0o)  (NASDAQ:INOD), a leading technology company,
today announced the formation of its new Advisory Board dedicated to helping
drive the company's growth and innovation initiatives. Innodata has appointed
Eduardo Kassner, Chief Data Officer for Microsoft US West region, as the
board's inaugural member. As a part of the board, Kassner will provide
Innodata with strategic guidance and support as the company continues to
expand into new markets and increase its foothold in existing markets.

"We are excited to welcome Eduardo to Innodata's brand-new Advisory Board,"
said Jack Abuhoff, Chief Executive Office of Innodata. "Eduardo's renowned
expertise in driving profitable growth - along with his passion for the impact
data and AI are driving across our society - will be invaluable to Innodata as
we continue to accelerate growth, expand our solutions and platforms, and
further foster digital transformation," Abuhoff continued.

With over thirty years of experience, Kassner emphasizes solid collaboration
and relationship building, driving healthy, diverse, and inclusive
organizations that focus on high customer satisfaction and revenue growth. As
the Partner Success Chief Technology Officer at Microsoft for the past five
years, Kassner led 400K Microsoft partners worldwide in the transformation of
their technical sales, consulting, and delivery teams while leveraging data,
analytics, and AI innovations. Kassner has recently taken the role of Chief
Data Officer for Microsoft US West Region, leading the data and AI adoption
that Microsoft drives with some of the most innovative and technologically
advanced companies.

"I am honored to become the inaugural member of Innodata's Advisory Board,"
said Kassner. "I look forward to sharing my perspectives with Innodata's
executive team and helping the company build on its strong foundation as a
leading data-centric AI company."

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

This press release may contain forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended, and Section
27A of the Securities Act of 1933, as amended. Words such as "project,"
"believe," "expect," "can," "continue," "could," "intend," "may," "should,"
"will," "anticipate," "indicate," "forecast," "predict," "likely," "goals,"
"estimate," "plan," "potential," or the negatives thereof and other similar
expressions generally identify forward-looking statements, which speak only as
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 clients; projected or
committed volumes of work may not materialize; continuing Digital Data
Solutions segment reliance on project-based work and the primarily at-will
nature of such contracts and the ability of these clients to reduce, delay or
cancel projects; the likelihood of continued development of the markets,
particularly new and emerging markets, that our services support; continuing
Digital Data Solutions segment revenue concentration in a limited number of
clients; 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; changes in our business or growth strategy; 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 clients and prospective clients 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; our 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, client, 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 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. 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:

Jessie Schnurr
jschnurr@innodata.com (mailto:jschnurr@innodata.com)

201-371-8189

SOURCE: Innodata Inc.

 

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