Recurring Revenue Climbs 64% Company Anticipates Continuing Strong Performance NEW YORK – MAY 8, 2008-- "(PressReleasePoint)". INNODATA ISOGEN, INC. (NASDAQ: INOD), a leading provider of knowledge process outsourcing services, as well as publishing and related information technology services, today announced revenues of $18,400,000 for the first quarter of 2008, up approximately 45% from revenues of $12,729,000 in the first quarter of 2007.Significantly, recurring revenue at Innodata Isogen increased 64% from $7 million in the first quarter of 2007 to $11.5 million in the first quarter of 2008.The company also reported net income of $833,000 or $0.03 per diluted share, for the first quarter of 2008, as compared to a net loss of $643,000 or $0.03 per diluted share, for the first quarter of 2007.“The solid revenue results for the quarter exceeded our expectations and represent a very good start to the year,” said Jack Abuhoff, chairman and CEO of Innodata Isogen.“Our strong growth over the past year is attributable to our focus on knowledge process outsourcing, an area where we’re seeing accelerating demand from our clients and where most industry analysts continue to project rapid expansion,” Abuhoff said. “Because we believe that KPO represents a significant, multi-year opportunity for us, we are investing approximately $500,000 per quarter in new domain experts, training, overseas staff and technologists who are building a platform to support future accelerated growth. Earnings for the first quarter reflect this as an operating expense. We believe that further development of this platform should contribute significantly to our bottom line because approximately 40% of incremental KPO revenue flows through to fund SG&A and support operating income.“We intend to trim our annual non-KPO operating costs by approximately $1 million, while retaining our level of investment in the KPO platform. This will help offset the decline in value of the U.S. dollar, which in the first quarter reduced our earnings by approximately $1.3 million.“We expect second quarter revenue to be roughly in line with first quarter, with more significant revenue gains coming in the second half of the year that we anticipate will help us achieve double-digit year-over-year growth.”Timing of Conference Call with Q&AInnodata Isogen will conduct an earnings conference call, including a question & answer period, at 11:00 AM ET today. You can participate in this call by dialing the following call-in numbers:1-800-723-6498 (Domestic) 1-785-830-7989 (International) 1-888-203-1112 (Domestic Replay) 1-719-457-0820 (International Replay) Pass code on replay only: 9643220Investors are also invited to access a live Webcast of the conference call at the Investor Relations section of www.innodata-isogen.com. Please note that the Webcast feature will be in listen-only mode. Call-in or Webcast replay will be available for 30 days following the conference call.About Innodata IsogenInnodata Isogen, Inc. (NASDAQ: INOD) is a leading provider of knowledge process outsourcing (KPO) services, as well as publishing 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 outsourcing services that draw upon onshore and offshore 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 EContent magazine’s EContent 100, KMWorld magazine’s 100 Companies That Matter, 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 list of leading outsourcing providers to the printing and publishing business.Headquartered in Northern New Jersey, Innodata Isogen has offices and operations in the United States, the Philippines, India, Sri Lanka, Israel, China and France.Company ContactSteven L. FordChief Financial OfficerInnodata Isogen, Inc. sford@innodata-isogen.com(201) 371-2510