Exhibit 21

Significant Subsidiaries

			Name under
	State or other		which subsidiary
	jurisdiction of		conducts
Name of Subsidiary	incorporation		business
Isogen International, LLC		Delaware		Same
Innodata Isogen (Private) Limited		India		Same
Innodata XML Content Factory, Inc.		Philippines		Same
ESS Manufacturing Company, Inc.		Philippines		Same
Content Online Services, Inc.		Philippines		Same
Innodata Asia Holdings, Limited		Bermuda		Same
Innodata Isogen Lanka (Private) Limited		Sri Lanka		Same