Exela Technologies Announces New Main Technological know-how Officer

Exela Technologies, Inc.

IRVING, Texas, Might 26, 2022 (World NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), today declared that Sriram “Sri” Ramanathan has joined Exela as Chief Technological know-how officer, reporting to Government Chairman, Par Chadha.

In his new part, Sri will emphasis on all features of product or service path, remedy strategy, and considered management in guidance of the 1000’s of Exela shoppers around the world. He will collaborate closely with Exela’s world management crew as the Corporation carries on to create out our technology products and SaaS-based answers across our portfolio.
As a result of the advancement of new tech-enabled merchandise and support traces, Exela is concentrated on broadening abilities to improve results for customers. Underneath Sri’s way, we will proceed to determine opportunities to digitize procedures and streamline workflows getting exclusive insights that can be leveraged to further increase overall performance across many sectors.
Sri is a arms-on technology executive with additional than 23 several years of experience in creating and applying reducing edge technologies solutions. He comes to Exela from NYSE shown Genpact, wherever he led the AI and engineering endeavours for AI products. Sri also led the cell and Conversational AI business at the Oracle PaaS (Platform as a Service) enterprise. Prior to that, he was the CTO of Kony, a cell know-how system which pioneered the principle of an mBaaS (cell backend as a support). While at IBM, Sri was an IBM Distinguished Engineer and Grasp inventor with CTO tasks for the Telecommunications and mobile and wireless domains with more than 150 patents awarded.
Sri graduated from the Birla Institute of Engineering and Science in Pilani, India with a Master’s Diploma in Engineering and continued his training obtaining a Master’s Diploma from the College of South Florida in Industrial and Administration Techniques

“Technology adaptation and enhancement is the spine of Exela. We are constantly searching for new ways to empower and improve solutions for prospects and our platform. Sri is a welcome addition to our family and we glimpse forward to his imagined leadership in expanding Exela,” claimed Par Chadha, Govt Chairman of Exela.

About Exela Technologies

Exela Technologies is a organization process automation (BPA) leader, leveraging a international footprint and proprietary technology to present electronic transformation remedies maximizing high quality, efficiency, and end-user encounter. With decades of expertise operating mission-crucial procedures, Exela serves a escalating roster of a lot more than 4,000 clients during 50 nations, together with around 60% of the Fortune® 100. Employing foundational systems spanning facts management, workflow automation, and integrated communications, Exela’s software program and expert services incorporate multi-marketplace, departmental resolution suites addressing finance and accounting, human capital administration, and lawful management, as nicely as business-certain methods for banking, health care, insurance plan, and the general public sector. By way of cloud-enabled platforms, created on a configurable stack of automation modules, and approximately 17,000 staff working in 23 nations around the world, Exela rapidly deploys built-in technological innovation and functions as an close-to-end electronic journey partner

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Forward-Hunting Statements

Specific statements involved in this press launch are not historical facts but are forward-wanting statements for uses of the safe harbor provisions under The Personal Securities Litigation Reform Act of 1995. Ahead-on the lookout statements commonly are accompanied by terms these as “may possibly”, “should”, “would”, “system”, “intend”, “anticipate”, “imagine”, “estimate”, “forecast”, “possible”, “look”, “request”, “go on”, “upcoming”, “will”, “hope”, “outlook” or other similar terms, phrases or expressions. These forward-on the lookout statements incorporate statements about our business, long run events, believed or predicted potential benefits and positive aspects, future alternatives for Exela, and other statements that are not historical facts. These statements are based on the present expectations of Exela management and are not predictions of genuine performance. These statements are topic to a variety of pitfalls and uncertainties, including without limitation people reviewed below the heading “Hazard Factors” in Exela’s Annual Report and other securities filings. In addition, ahead-looking statements provide Exela’s expectations, ideas or forecasts of foreseeable future activities and sights as of the date of this conversation. Exela anticipates that subsequent activities and developments will cause Exela’s assessments to modify. These ahead-hunting statements need to not be relied upon as representing Exela’s assessments as of any date subsequent to the date of this push launch.

Trader and/or Media Contacts:

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