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Innodata Launches Rapid Growth Plan For Agility Subsidiary With CSO Hire

Monday, 01 February 2021 08:30 AM

Innodata Inc.

Tom Perchinsky Appointed as Agility's First Chief Sales Officer

NEW YORK, NY / ACCESSWIRE / February 1, 2021 / Innodata Inc. (NASDAQ:INOD) announced today that Tom Perchinsky has been appointed as Chief Sales Officer of its subsidiary, Agility PR Solutions. Perchinsky has decades of experience building out high-performing SaaS sales teams. The hire was the result of an extensive nationwide search conducted in Q4 2020. Perchinsky is tasked with expanding Agility's sales force from 12 to 53 by the end of 2021 in order to aggressively grow market share.

"We're flooring the gas pedal," said Martin Lyster, CEO of Agility PR Solutions. "We believe the time is right to accelerate as Agility now ranks among the best-in-class platforms in the market enjoying industry-leading client retention rates and accelerating sales velocity."

Perchinsky left his role as Executive Vice President of Sales at Alphonso Inc. to join Agility. Prior to Alphonso, Perchinsky spent over five years at iQMedia, which provides real-time TV analytics, and five years at Vocus, an Agility competitor that became Cision in 2014. Cision's annual revenue is estimated to have exceeded $700 million in 2019. During his time at these companies, Perchinsky was a major player in their growth, building their sales teams and driving aggressive increases in annual recurring revenue.

"I'm excited about the foundation that Agility has laid with its platform and the momentum that's been building," Perchinsky said. "Joining the team is a great opportunity for me, and I look forward to helping propel the business to the next level."

PR and communications professionals rely on Agility to help them streamline their workflow, distribute news and analyze media coverage. Agility is recognized by software review site G2 Crowd as a top-tier PR services provider. In G2's recent Winter 2021 awards, Agility was identified as a Leader and Momentum Leader in the Media and Influencer Targeting and Media Monitoring categories. Additionally, Agility was awarded badges for:

  • Best Relationship: Media and Influencer Targeting
  • Most Implementable: Media and Influencer Targeting
  • High Performer: PR Analytics

About Innodata Inc.

Innodata (NASDAQ:INOD) is a leading data engineering company. Prestigious companies across the globe turn to Innodata for help with their biggest data challenges. By combining advanced machine learning and artificial intelligence (ML/AI) technologies, a global workforce of over 3,000 subject matter experts, and a high-security infrastructure, we're helping usher in the promise of digital data and ubiquitous AI. Visit to learn more.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Words such as "project," "believe," "expect," "can," "continue," "could," "intend," "may," "should," "will," "anticipate," "indicate," "forecast," "predict," "likely," "goals," "optimistic," "estimate," "plan," "potential," or the negatives thereof and other similar expressions generally identify forward-looking statements, which speak only as of the date hereof.

These forward-looking statements are based on management's current expectations, assumptions and estimates and are subject to a number of risks and uncertainties, including without limitation, the expected or potential effects of the novel coronavirus (COVID-19) pandemic and the responses of governments, the general global population, our customers, and the Company thereto; that contracts may be terminated by clients; projected or committed volumes of work may not materialize; continuing Digital Data Solutions segment reliance on project-based work and the primarily at-will nature of such contracts and the ability of these clients to reduce, delay or cancel projects; the likelihood of continued development of the markets, particularly new and emerging markets, that our services support; continuing Digital Data Solutions segment revenue concentration in a limited number of clients; potential inability to replace projects that are completed, canceled or reduced; our dependency on content providers in our Agility segment; difficulty in integrating and deriving synergies from acquisitions, joint venture and strategic investments; potential undiscovered liabilities of companies and businesses that we may acquire; potential impairment of the carrying value of goodwill and other acquired intangible assets of companies and businesses that we acquire; changes in our business or growth strategy; a continued downturn in or depressed market conditions, whether as a result of the COVID-19 pandemic or otherwise; changes in external market factors; the ability and willingness of our clients and prospective clients to execute business plans that give rise to requirements for our services; changes in our business or growth strategy; the emergence of new or growth in existing competitors; various other competitive and technological factors; our use of and reliance on information technology systems, including potential security breaches, cyber-attacks, privacy breaches or data breaches that result in the unauthorized disclosure of consumer, client, employee or Company information, or service interruptions; and other risks and uncertainties indicated from time to time in our filings with the Securities and Exchange Commission.

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 16, 2020, or as updated or amended by our other filings 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. 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

Suzanne Srsich
Innodata Inc.
[email protected]
(201) 371-8033

SOURCE: Innodata Inc.

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