INNODATA INC — Director's Dealing 2005

Nov 16, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNODATA ISOGEN INC (INOD)
CIK: 0000903651
Period of Report: 2005-11-14

Reporting Person: TANPHO JURGEN (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-14	Common Stock	M	14036	$.50	Acquired	28416	Direct
2005-11-14	Common Stock	S	2620	$3.30	Disposed	25796	Direct
2005-11-14	Common Stock	S	600	$3.31	Disposed	25196	Direct
2005-11-14	Common Stock	S	3106	$3.32	Disposed	22090	Direct
2005-11-14	Common Stock	S	2410	$3.33	Disposed	19680	Direct
2005-11-14	Common Stock	S	100	$3.34	Disposed	19580	Direct
2005-11-14	Common Stock	S	3000	$3.35	Disposed	16580	Direct
2005-11-24	Common Stock	S	300	$3.37	Disposed	16280	Direct
2005-11-14	Common Stock	S	400	$3.38	Disposed	15880	Direct
2005-11-14	Common Stock	S	1500	$3.39	Disposed	14380	Direct
2005-11-15	Common Stock	M	32819	$.50	Acquired	47199	Direct
2005-11-15	Common Stock	S	19575	$3.00	Disposed	27624	Direct
2005-11-15	Common Stock	S	2000	$3.01	Disposed	25624	Direct
2005-11-15	Common Stock	S	300	$3.04	Disposed	25324	Direct
2005-11-15	Common Stock	S	10144	$3.10	Disposed	15180	Direct
2005-11-15	Common Stock	S	600	$3.11	Disposed	14580	Direct
2005-11-15	Common Stock	S	100	$3.12	Disposed	14480	Direct
2005-11-15	Common Stock	S	100	$3.13	Disposed	14380	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-11-14	Stock Options	$.50	M	14036	Disposed	2013-07-05	Commons Stock (14036)	Direct
2005-11-15	Stock Options	$.50	M	32819	Disposed	2013-07-05	Common Stock (32819)	Direct

Footnotes

F1: Currently exercisable

F2: Exercise of Employee Stock Option