Press Releases

Year

July 28, 2020

Mastercard Request to Pay Solution, Powered by Exela Software, Receives Enrollment Confirmation from Pay.UK

Mastercard is the first Request to Pay Service Provider to be enrolled IRVING, Texas , July 28, 2020 (GLOBE NEWSWIRE) -- Exela Technologies (“Exela” or the “Company”) (NASDAQ: XELA ) today welcomes Mastercard’s confirmation of enrollment of its Request to Pay solution by Pay.UK, the leading retail

July 23, 2020

Exela Technologies Completes $12.3M Divestment of Records Storage business as Part of Strategic Plan to Sell Non-Core Assets

IRVING, Texas , July 23, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ) today announced that it has completed the sale of its physical records storage and logistics business for a purchase price of $12.3 million . The assets involved in the business generated

June 30, 2020

Exela Technologies, Inc. Reports First Quarter 2020 Results

Files Form 10-Q for the Three Months Ended March 31, 2020 Conference Call to Discuss Results Scheduled for June 30, 2020 at 5 PM ET First Quarter 2020 Highlights: Revenue of $365.5 million , a decline of 9.6% on a reported basis and 9.2% (1) on a constant currency basis from Q1 2019 Operating

June 24, 2020

Exela Technologies, Inc. to Host First Quarter 2020 Financial Results Conference Call

IRVING, Texas , June 24, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA), a location-agnostic global business process automation (“BPA”) leader across numerous industries, will host a conference call with the financial community to discuss results for the

June 9, 2020

Exela Technologies, Inc. Reports Fourth Quarter and Full Year 2019 Results

Files Form 10-K for 2019, including restated results for 2017 and 2018, and for the nine months ended September 30, 2019 Achieves revised full year guidance for Revenue and Adjusted EBITDA Conference Call to Discuss Results Scheduled for June 9, 2020 at 5 PM ET Fourth Quarter 2019 Highlights:

May 21, 2020

Exela Technologies, Inc. Announces CFO Transition

Shrikant Sortur appointed Chief Financial Officer IRVING, Texas , May 21, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ), a location-agnostic global business process automation (BPA) leader across numerous industries, today announced that Shrikant

May 19, 2020

Co-operative Bank and Exela Technologies Extend Relationship by Launching Confirmation of Payee (CoP) Service

The new module will provide a further layer of protection for customers using digital payment channels IRVING, Texas , May 19, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ) and Co-operative Bank today announced an expansion to their existing partnership to deploy

April 30, 2020

Exela Technologies Announces Issuance of Patent to Streamline Document Scanning Technology

Issuance of U.S. Patent 10652413 Further Enhances the Technology and Performance of Exela’s Digital Mailroom (DMR) Platform IRVING, Texas , April 30, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ), a location-agnostic global business process automation (BPA) leader

April 3, 2020

Exela Technologies Announces Receipt of Notification Letter from Nasdaq Due to Timing of Filing on Form 10-K

IRVING, Texas , April 03, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ), a location-agnostic global business process automation (BPA) leader across numerous industries, today announced that on April 2, 2020 , the Company received an anticipated notice (the “Notice”)

March 17, 2020

Exela Technologies, Inc. Announces Update to Delayed 2019 10-K Filing and Restatement, and Preliminary 2019 Expected Financial Results

Company Expects to Report 2019 Revenue and Adjusted EBITDA Within Guidance IRVING, Texas , March 17, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ), a location-agnostic global business process automation (“BPA”) leader across numerous industries, today

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