Press Releases

Year

October 15, 2021

Exela Technologies Expands Relationship with a Large Multinational Insurer in France

Exela leverages its operation in France to quickly meet customers’ pension case backlog arising out of the pandemic IRVING, Texas , Oct. 15, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), today announced an expanded relationship with a large

October 13, 2021

Exela Technologies Announces Shareholder Connect to Further Engage with Investor Base

Shareholder Connect Offers Enhanced Products to Shareholders and Exela Merchandise to All Merchandise Proceeds to be Donated to Charities IRVING, Texas , Oct. 13, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ) today announced the launch of Shareholder Connect.

September 30, 2021

Exela Technologies Announces Plans to Deploy over $400 Million of Capital to Execute the Next Strategic Step: Significantly Reduce Debt

To date, Exela has Purchased $95 Million in Debt, Increasing Cash Flow by $11 Million Exela is on Track to Improve Annual Cash Flow by $25 Million Each $100 Million in Debt Reduction Improves Cash Flow by $10-13 Million IRVING, Texas , Sept. 30, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc.

September 23, 2021

Exela Technologies Expands Electronic Signature Platform, DrySign, to the UK

Pricing plans range from a Free option to Professional version priced on a per user per month basis IRVING, Texas , Sept. 23, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ) today announced the launch of its comprehensive electronic signature solution, DrySign®, in the

September 13, 2021

Exela Technologies Expands PCH Global Cloud Solution with Leading Healthcare Insurer

IRVING, Texas , Sept. 13, 2021 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation leader, today announced an expansion with one of the largest insurance carriers in the country. This expansion highlights the Company’s

September 2, 2021

Exela Technologies Announces Recognition as a ‘Major Contender’ in Everest Group’s Finance & Accounting Outsourcing 2021 PEAK Matrix®

IRVING, Texas , Sept. 02, 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 ‘Major Contender’ in Everest Group’s Finance & Accounting Outsourcing 2021 PEAK Matrix

September 1, 2021

Exela Technologies Announces Completion of $150 million At-the-Market Offering

IRVING, Texas , Sept. 01, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the“Company”) (NASDAQ:XELA), a global business process automation (“BPA”) leader across numerous industries, today announced that the Company completed its $150 million at-the market equity program (ATM)

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

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