INNODATA INC — Director's Dealing 2004

Aug 17, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNODATA ISOGEN INC (INOD)
CIK: 0000903651
Period of Report: 2004-08-13

Reporting Person: TANPHO JURGEN (Vice President - Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-13	Common Stock	M	7000	$1.56	Acquired	7000	Direct
2004-08-13	Common Stock	M	3000	$.50	Acquired	10000	Direct
2004-08-13	Common Stock	S	7900	$3.75	Disposed	2100	Direct
2004-08-13	Common Stock	S	100	$3.76	Disposed	2000	Direct
2004-08-13	Common Stock	S	2000	$3.80	Disposed	0	Direct
2004-08-16	Common Stock	M	10311	$.50	Acquired	10311	Direct
2004-08-16	Common Stock	S	8911	$3.75	Disposed	1400	Direct
2004-08-16	Common Stock	S	1400	$3.76	Disposed	0	Direct
2004-08-17	Common Stock	M	11100	$.50	Acquired	11100	Direct
2004-08-17	Common Stock	S	10400	$3.75	Disposed	700	Direct
2004-08-17	Common Stock	S	200	$3.76	Disposed	500	Direct
2004-08-17	Common Stock	S	500	$3.77	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-13	Stock Options	$1.56	M	7000	Disposed	2005-05-31	Common Stock (7000)	Direct
2004-08-13	Stock Options	$.50	M	3000	Disposed	2013-06-02	Common Stock (3000)	Direct
2004-08-16	Stock Options	$.50	M	672	Disposed	2013-06-02	Common Stock (672)	Direct
2004-08-16	Stock Options	$.50	M	9639	Disposed	2013-07-01	Common Stock (9639)	Direct
2004-08-17	Stock Options	$.50	M	11100	Disposed	2013-07-01	Common Stock (11100)	Direct

Footnotes

F1: Various

F2: Exercise of employee stock options