Press Releases

Year

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

March 17, 2020

Exela Technologies Completes $40 Million Divestment of SourceHOV Tax as Part of Strategic Plan to Sell Non-Core Business Assets

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 announced that it has completed the divestment of its tax consulting group,

March 16, 2020

Exela Technologies, Inc. to Delay Fourth Quarter and Full Year 2019 Earnings Release and Conference Call and Announces Delay of Form 10-K Filing

IRVING, Texas , March 16, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ), a location-agnostic global business process automation (“BPA”) leader across numerous industries, announced today that it will delay its earnings release and investor conference

March 3, 2020

Exela Technologies, Inc. to Host Fourth Quarter and Full Year 2019 Financial Results Conference Call

IRVING, Texas , March 03, 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

January 15, 2020

Exela Technologies Announces Closing of $160 Million Financing

IRVING, Texas , Jan. 15, 2020 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA), a location-agnostic global business process automation (BPA) leader across numerous industries, today announced that it has entered into a 5-year, $160 million accounts receivable securitization

December 5, 2019

Exela Technologies, Inc. Announces Appointment of J. Coley Clark to Board of Directors

IRVING, Texas , Dec. 05, 2019 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA), a location-agnostic global business process automation (BPA) leader across numerous industries, announced that effective December 2, 2019 , J. Coley Clark was appointed to Exela’s board of

November 12, 2019

Exela Technologies, Inc. Reports Third Quarter 2019 Results

Announces Debt Reduction and Liquidity Improvement Initiative Revenue of $372.9 million , representing a decline of 2.6% on a reported basis and 1.9% (1) on a constant currency basis from Q3 2018 Operating loss of $(96.9) million , including a $99.7 million non-cash impairment charge, compared with

October 29, 2019

Exela Technologies, Inc. Announces Update to Preliminary Non-binding Indication of Interest

IRVING, Texas , Oct. 29, 2019 (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 discussions between an internationally recognized private

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