INNODATA INC — Director's Dealing 2006

Jan 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNODATA ISOGEN INC (INOD)
CIK: 0000903651
Period of Report: 2005-12-29

Reporting Person: SOLOMON TODD (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-29	Common Stock	M	126000	$.67	Acquired	1854160	Direct
2005-12-29	Common Stock	M	100000	$.50	Acquired	1954160	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-12-29	Stock Options	$.67	M	126000	Disposed	2014-06-08	Common Stock (126000)	Direct
2005-12-29	Stock Options	$.50	M	100000	Disposed	2013-07-01	Common Stock (100000)	Direct

Footnotes

F1: Currently exercisable

F2: Exercise of stock options