SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
November 11, 1997
(Date of Report [Date of earliest event reported])
INNODATA CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-22196 13-3475943
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File #) Identification #)
95 Rockwell Place, Brooklyn, New York 11217
(Address of Principal Executive Offices, Including Zip Code)
(718) 855-0044
(Registrant's Telephone #, Including Area Code)
<PAGE>
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Pursuant to Regulation S-K, Item 304(a)(1)
1. (a). Margolin, Winer & Evens LLP ("MWE") has been the principal auditor of
Innodata Corporation for more than the past two fiscal years.
(i) On November 11, 1997 the Registrant and MWE agreed that MWE
would not serve as principal accountant for the year ended
December 31, 1997.
(ii) MWE's reports on the financial statements of Registrant for
Registrant's last two fiscal years contained no adverse
opinion, disclaimer of opinion, modification, or qualification.
(iii) The change in principal accountant was approved by the Board of
Directors.
(iv) During the two years ended December 31, 1996 and the interim
period through November 11, 1997, there were no disagreements
with MWE on any matter of accounting principles and practices,
financial statement disclosure, or audit scope and procedure,
which disagreement, if not resolved to the satisfaction of
MWE, would have caused it to make reference to the subject
matter of the disagreement in connection with its report.
(v) Not applicable.
2. On November 12, 1997, the Registrant appointed Grant Thornton LLP as
principal accountants for the year ended December 31, 1997. During the
two years ended December 31, 1996 and the interim period through November
11, 1997, the Registrant has not consulted with Grant Thornton LLP.
3. Registrant has attached hereto a letter furnished by MWE addressed to
the Securities and Exchange Commission.
ITEM 7. EXHIBITS
(16) Letter dated November 17, 1997 by MWE to the Securities and
Exchange Commission.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
INNODATA CORPORATION
/s/
--------------------------
By Barry Hertz, Chairman
/s/ Chief Executive Officer November 17, 1997
- ------------------------
Jack Abuhoff
/s/ Chief Financial Officer November 17, 1997
- ------------------------
Martin Kaye
<PAGE>
Exhibit 16
November 17, 1997
Securities and Exchange Commission
450 5th Street, NW
Washington, DC 20549
Gentlemen:
We were previously principal accountants for Innodata Corporation and, under
the date of March 14, 1997, we reported on the consolidated financial
statements of Innodata Corporation as of December 31, 1996 and 1995 and for
each of the three years in the period ended December 31, 1996. On November 11,
1997 our appointment as principal accountants was terminated. We have read
Innodata Corporation's statements included under Item 4 of its Form 8-K/A
dated November 11, 1997, and we agree with the statements concerning our Firm,
except that we are not in a position to agree or disagree with Innodata
Corporation's statement that the change in principal accountant was approved
by the Board of Directors.
Very truly yours,
Margolin, Winer & Evens LLP
Garden City, New York
