Business Insider Names Agility Fierce Competitor in $5.5 Billion PR Tech Industry

NEW YORK, NY / ACCESSWIRE / July 28, 2022 / Innodata Inc (NASDAQ:INOD), a leading technology company, today announced that Business Insider has recognized Innodata's Agility platform for public relations as "fierce competition" for the industry heavyweights.1 The market for public relations platforms is estimated to have grown 15% in 2021 to $5.5 billion.2

The latest recognition follows Agility having been named "Momentum Leader" for the fifth consecutive quarter by software review site G2 in its Summer 2022 Public Relations Software report.

"We think we have the best product out there in terms of ease-of-use, quality of data, AI integration, and value for money," commented Martin Lyster, CEO of Agility. "To build on the momentum, we anticipate releasing soon an exciting Agility product expansion that will enable us to compete in social media analytics, the fastest-growing segment of PR tech. We believe this will be an additional growth accelerator while further expanding our total serviceable market with both existing subscribers and new customer prospects."

Beginning in late 2021, Innodata significantly expanded its Agility business development team and accelerated Agility product development.

For a demo of the Agility platform, click here to schedule. To learn more about Agility, see www.agilitypr.com. Stay updated on Agility products and news by subscribing to Agility's monthly newsletter.

1 https://www.businessinsider.com/cision-and-meltwater-face-competition-from-smaller-pr-tech-firms-2022-6

2 According to a recent report, "Media Intelligence and Public Relations Software/Information Global Share & Segment Sizing 2022", by research firm Burton-Taylor International Consulting

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 to learn more.

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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

Jessie Schnurr
Innodata Inc.
JSchnurr@innodata.com
(201) 371-8024

SOURCE: Innodata Inc.



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