Press Releases

Year

November 19, 2021

Exela Named Leader in Everest Group’s Intelligent Automation in Healthcare – Solutions PEAK Matrix® Assessment 2022

IRVING, Texas , Nov. 19, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ), a leading provider of Business Process Automation solutions, today announced that it has been recognized as a ‘Leader’ in the first edition of Everest Group’s Intelligent Automation in Healthcare –

November 19, 2021

Exela Technologies, Inc. Announces Termination of Offer to Purchase and Exchange Term Loans

IRVING, Texas , Nov. 19, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ) today announced that the offer by certain of its subsidiaries (the “Issuers”) to purchase and exchange their outstanding term loans has been terminated, effective immediately.

November 18, 2021

Exela Technologies Sets Up $105 Million Special Purpose Vehicle to Purchase Subsidiary Debt

Liquidity 1 of approximately $348 million provides financial flexibility IRVING, Texas , Nov. 18, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela”, “Company”) (NASDAQ: XELA), a global business process automation leader, announced today that it has established GP 2XCV, LLC, an indirect

November 10, 2021

Exela Technologies, Inc. Announces Early Tender Results and Extension of Early Tender Time

IRVING, Texas , Nov. 10, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ) today announced that it has extended the early tender time from 5:00 p.m. , New York City time, on November 9, 2021 (the “Original Early Tender Time”) until 11:59 p.m., New York

November 5, 2021

Exela Technologies, Inc. Reports Preliminary Third Quarter 2021 Results

Revenue of $279.2 million and Loss per Share of $0.09 EBITDA of $49.1 million and Adjusted EBITDA of $36.4 million Expected to achieve $50 million in cash flow improvements in 2022 SMB business continues to show robust growth globally Conference call scheduled for November 5, 2021 at 2:00 PM ET

October 29, 2021

Exela Technologies, Inc. to Host Third Quarter 2021 Financial Results Conference Call

IRVING, Texas , Oct. 29, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA), a global business process automation (“BPA”) leader across numerous industries, will host a conference call with the financial community to discuss results for the third quarter 2021

October 28, 2021

Exela Technologies Announces Partnership with CareSource, one of the Nation’s Largest Medicaid Managed Care Plans

The cloud based PCH Global roll out will service 2 million members across several states IRVING, Texas , Oct. 28, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, today announced that it has partnered

October 27, 2021

Exela Technologies Announces Offer for its Senior Secured Term Loans and Secured Notes

IRVING, Texas , Oct. 27, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ) today announced that certain of its subsidiaries have commenced an offer for any and all of its outstanding senior secured term loans and secured notes for $900 in cash per $1,000

October 25, 2021

Exela Technologies Announces New DMR Relationship with One of the Largest Franchisors in the World

DMR is a premier use case for the evolving hybrid work from anywhere environment IRVING, Texas , Oct. 25, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation leader, today announced the Company’s Digital Mailroom (DMR)

October 19, 2021

Exela Technologies Reports Continued Strong Growth in DMR and DrySign

DMR customer growth and DrySign ® user growth continues as new countries are added with DMR growing 71% q/q and DrySign growing 47% q/q IRVING, Texas , Oct. 19, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation

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