Press Releases

Year

August 12, 2021

Exela Technologies Named “Hot Vendor” by Aragon Research Inc.

Vendors selected for the “Hot Vendor” report are noteworthy, visionary, and innovative IRVING, Texas , Aug. 12, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ), a leading provider of Business Process Automation solutions, today announced that its Smart Office Suite has

August 11, 2021

Exela Technologies Expands Relationship with a Large Healthcare Member Engagement Leader

Exela will provide technology and operation solutions in a total value of approximately $7.5 million Partnership connects members in many healthcare organizations, health insurers and US government programs IRVING, Texas , Aug. 11, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the

August 10, 2021

Exela Technologies, Inc. Reports Preliminary Second Quarter 2021 Results

Revenue of $293.0 million , net loss of $19.4 million , and Adjusted EBITDA of $50.9 million Reiterates 2021 financial guidance $158 million liquidity ahead of plan Achieves over $140 million reduction in net debt year-to-date SMB business showing robust growth globally Conference call scheduled

August 5, 2021

Exela Technologies Expands Digital Mailroom Offering to SMBs in France and Germany

Berlin/Paris, August 5, 2021 - Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) today announced that its Digital Mailroom (DMR) platform is live and available for online signups for small and medium businesses (SMBs) in Germany and France . Following last month’s successful deployment in the UK ,

August 5, 2021

Exela HR Solutions – Comprehensive Human Resource Outsourcing Services – Goes Live in India and the United States

IRVING, Texas , Aug. 05, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ) today announced the launch of Exela HR Solutions, a robust human resource outsourcing service available in India and the United States . As organizations attempt to reinforce their HR operations

July 30, 2021

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

IRVING, Texas , July 30, 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 second quarter

July 27, 2021

Exela Technologies Reports Strong SMB User Growth with Over 2x New Sign-ups

DMR and DrySign ® delivered growth of 99% and 144% in their respective customer base s International expansion continues with DMR launch in France and Germany planned for Q3FY21 IRVING, Texas , July 27, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a

July 16, 2021

Exela Technologies Announces Listing of Option Contracts on NYSE Arca

IRVING, Texas , July 16, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, today announced that NYSE Arca has launched options trading in XELA . Trading is expected to begin July 16, 2021 .

July 12, 2021

Exela Technologies Expands its Offering of Robotic Process Automation with Intelligent Document Processing

IRVING, Texas , July 12, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, today expands its offering in AI-enabled automation in the BPA space with Intelligent Document Processing (“IDP”) combined with

July 7, 2021

Exela Technologies Reports Significant Boost to Cash and Cash Equivalents to over $205 Million and Remains on Path to Deleverage

$85 million raised under the $150 million at-the-market equity program launched on June 30, 2021 Proceeds will primarily be used to reduce debt and lower associated annual interest expense by approximately $25 million and fund growth opportunities, in line with previously announced strategic

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