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Exela Technologies Announces New Main Technological know-how Officer

Exela Technologies, Inc.

IRVING, Texas, May well 26, 2022 (World NEWSWIRE) — Exela Systems, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), these days announced that Sriram “Sri” Ramanathan has joined Exela as Chief Technological know-how officer, reporting to Executive Chairman, Par Chadha.

In his new purpose, Sri will concentrate on all facets of products path, solution method, and thought management in support of the countless numbers of Exela consumers around the globe. He will collaborate carefully with Exela’s world leadership staff as the Enterprise continues to create out our technology items and SaaS-centered options across our portfolio.
 
Via the development of new tech-enabled products and provider strains, Exela is concentrated on broadening abilities to improve results for customers. Beneath Sri’s course, we will keep on to identify opportunities to digitize procedures and streamline workflows attaining one of a kind insights that can be leveraged to even more improve functionality across numerous sectors.
 
Sri is a fingers-on engineering government with a lot more than 23 years of experience in creating and applying cutting edge engineering answers. He comes to Exela from NYSE shown Genpact, wherever he led the AI and engineering efforts for AI goods. Sri also led the cellular and Conversational AI organization at the Oracle PaaS (Platform as a Services) enterprise. Prior to that, he was the CTO of Kony, a cell technological innovation platform which pioneered the notion of an mBaaS (cell backend as a support). Although at IBM, Sri was an IBM Distinguished Engineer and Grasp inventor with CTO tasks for the Telecommunications and cell and wi-fi domains with more than 150 patents awarded.
 
Sri graduated from the Birla Institute of Technology and Science in Pilani, India with a Master’s Diploma in Engineering and continued his education and learning getting a Master’s Diploma from the College of South Florida in Industrial and Management Programs

“Technology adaptation and enhancement is the spine of Exela. We are normally on the lookout for new approaches to enable and improve options for shoppers and our system. Sri is a welcome addition to our family members and we search ahead to his imagined management in rising Exela,” reported Par Chadha, Govt Chairman of Exela.

About Exela Technologies

Exela Technologies is a company method automation (BPA) leader, leveraging a global footprint and proprietary know-how to supply electronic transformation methods boosting quality, efficiency, and stop-user practical experience. With decades of practical experience running mission-critical procedures, Exela serves a rising roster of much more than 4,000 clients all through 50 nations around the world, which includes around 60% of the Fortune® 100. Using foundational systems spanning details administration, workflow automation, and built-in communications, Exela’s software program and companies contain multi-industry, departmental solution suites addressing finance and accounting, human capital management, and authorized management, as perfectly as field-distinct options for banking, health care, insurance policy, and the community sector. Through cloud-enabled platforms, constructed on a configurable stack of automation modules, and roughly 17,000 workforce running in 23 nations, Exela rapidly deploys integrated technological know-how and functions as an conclude-to-end electronic journey husband or wife

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Ahead-Searching Statements

Sure statements incorporated in this push launch are not historical details but are forward-searching statements for applications of the secure harbor provisions beneath The Non-public Securities Litigation Reform Act of 1995. Forward-on the lookout statements typically are accompanied by terms these as “may”, “should”, “would”, “plan”, “intend”, “foresee”, “imagine”, “estimate”, “forecast”, “probable”, “seem”, “find”, “carry on”, “future”, “will”, “assume”, “outlook” or other very similar words and phrases, phrases or expressions. These forward-looking statements involve statements about our market, long term occasions, estimated or anticipated future final results and positive aspects, future chances for Exela, and other statements that are not historical information. These statements are dependent on the present-day anticipations of Exela management and are not predictions of genuine functionality. These statements are topic to a selection of hazards and uncertainties, such as without having limitation people reviewed less than the heading “Hazard Components” in Exela’s Annual Report and other securities filings. In addition, forward-seeking statements provide Exela’s expectations, ideas or forecasts of foreseeable future functions and views as of the day of this communication. Exela anticipates that subsequent gatherings and developments will cause Exela’s assessments to change. These forward-on the lookout statements must not be relied upon as representing Exela’s assessments as of any day subsequent to the day of this push launch.

Investor and/or Media Contacts:

Vincent Kondaveeti
E: [email protected]

Mary Beth Benjamin
E: [email protected]