Press Releases

Year

March 31, 2022

Exela Technologies Announces CEO Transition Effective April 2022

Ronald C. Cogburn, CEO of Exela Technologies to Transition IRVING, Texas , March 31, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA ) today announced that Ronald C. Cogburn will transition from the CEO role effective April 30, 2022.

March 29, 2022

Exela Technologies Closes Revolving Loan Exchange and Prepayment; Removes Last Remaining Senior Debt Maturity in 2022

- Further progress made against previously announced balance sheet strengthening and strategic initiatives IRVING, Texas , March 29, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or the “Company”) (NASDAQ: XELA), announced today that certain of its subsidiaries closed a Revolving Loan

March 25, 2022

Exela Technologies Announces Strategic Investment in UBERDOC, a Leading Patient Access and Price Transparency Platform

IRVING, Texas , March 25, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, announced today a strategic investment in UBERDOC, Inc. UBERDOC is a leading patient access and price transparency platform

March 22, 2022

Exela Announces Listing of Convertible Preferred Stock on Nasdaq

Trading is expected to begin under the Symbol XELAP on March 23, 2022 IRVING, Texas , March 22, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), today announced that Nasdaq has approved the Company’s application to list its 6.00% Series B Cumulative

March 16, 2022

Exela Appoints Kevin Lathrop as President of Exela Healthcare Solutions

Exela Healthcare Solutions gearing up for growth in the healthcare sector IRVING, Texas , March 16, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA ) announced today it has hired Kevin Lathrop as President of Exela Healthcare Solutions (“HS”).

March 15, 2022

Exela Technologies Launches DrySign in Germany and France

IRVING, Texas, March 14, 2022 : Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) today announced the launch of DrySign ® in Germany and France. The launch is part of Exela’s plan to offer DrySign throughout the globe. DrySign is already launched in North America, India, the UK and Philippines and

March 14, 2022

Exela Technologies launches ExelaPay™ to provide payment acquiring and processing services, acquires Corduro® an Omni-Channel full-stack processing, commerce, and engagement platform

IRVING, Texas , March 14, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, announced today its launch of ExelaPay, entering the market as a 3 rd party payment processor with the acquisition of all

March 11, 2022

Exela Technologies, Inc. Reports Preliminary Full Year and Fourth Quarter 2021 Results

2021 Revenue of $1,167 million , in-line with guidance Loss per Share of $0 .34 in the fourth quarter of 2021 On track for $50 million in cash flow improvements in 2022 Long-term debt (1) reduced by $454 million Small-and-Medium-Sized Business “SMB” continues robust growth in the fourth quarter of

March 11, 2022

Exela Technologies Announces Successful Completion of Exchange Offer for Shares of Common Stock

IRVING, Texas , March 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ) announced the successful completion of its previously announced offer to exchange shares of its Common Stock for its 6.00% Series B Cumulative Convertible Perpetual Preferred Stock

March 9, 2022

Exela Technologies, Inc. to Host Fourth Quarter and Full Year 2021 Financial Results Conference Call

IRVING, Texas , March 09, 2022 (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 fourth quarter

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