Exela Technologies, Inc.

IRVING, Texas, May perhaps 26, 2022 (World NEWSWIRE) — Exela Systems, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), right now announced that Sriram “Sri” Ramanathan has joined Exela as Main Technologies officer, reporting to Government Chairman, Par Chadha.

In his new position, Sri will concentration on all features of item course, solution strategy, and imagined leadership in assist of the 1000’s of Exela clients around the globe. He will collaborate carefully with Exela’s international management team as the Organization proceeds to make out our technological know-how solutions and SaaS-centered remedies across our portfolio.
By means of the enhancement of new tech-enabled products and assistance traces, Exela is focused on broadening capabilities to enhance results for shoppers. Beneath Sri’s direction, we will keep on to detect possibilities to digitize processes and streamline workflows gaining unique insights that can be leveraged to additional make improvements to performance across numerous sectors.
Sri is a arms-on technological innovation government with extra than 23 yrs of encounter in developing and applying slicing edge technologies answers. He arrives to Exela from NYSE stated Genpact, in which he led the AI and engineering endeavours for AI items. Sri also led the mobile and Conversational AI business at the Oracle PaaS (Platform as a Company) business enterprise. Prior to that, he was the CTO of Kony, a cellular engineering platform which pioneered the notion of an mBaaS (cell backend as a services). Whilst at IBM, Sri was an IBM Distinguished Engineer and Grasp inventor with CTO obligations for the Telecommunications and cellular and wireless domains with around 150 patents awarded.
Sri graduated from the Birla Institute of Technologies and Science in Pilani, India with a Master’s Diploma in Engineering and continued his education getting a Master’s Diploma from the University of South Florida in Industrial and Management Units

“Technology adaptation and enhancement is the spine of Exela. We are usually wanting for new ways to enable and optimize answers for prospects and our system. Sri is a welcome addition to our loved ones and we appear forward to his considered leadership in rising Exela,” mentioned Par Chadha, Government Chairman of Exela.

About Exela Systems

Exela Technologies is a small business approach automation (BPA) leader, leveraging a world footprint and proprietary know-how to deliver digital transformation remedies enhancing excellent, productiveness, and conclusion-person practical experience. With a long time of practical experience working mission-critical processes, Exela serves a increasing roster of extra than 4,000 shoppers all over 50 nations around the world, which include more than 60% of the Fortune® 100. Using foundational systems spanning details administration, workflow automation, and built-in communications, Exela’s application and products and services contain multi-business, departmental option suites addressing finance and accounting, human money administration, and legal administration, as nicely as business-specific methods for banking, health care, insurance policies, and the community sector. By means of cloud-enabled platforms, crafted on a configurable stack of automation modules, and approximately 17,000 employees functioning in 23 countries, Exela rapidly deploys built-in technologies and functions as an close-to-conclusion electronic journey partner

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Ahead-Wanting Statements

Particular statements incorporated in this press release are not historic points but are forward-seeking statements for purposes of the risk-free harbor provisions less than The Private Securities Litigation Reform Act of 1995. Ahead-searching statements usually are accompanied by terms this kind of as “may well”, “really should”, “would”, “program”, “intend”, “foresee”, “consider”, “estimate”, “forecast”, “potential”, “look”, “seek”, “continue”, “foreseeable future”, “will”, “anticipate”, “outlook” or other similar words and phrases, phrases or expressions. These ahead-searching statements involve statements pertaining to our field, long term activities, approximated or predicted long run outcomes and positive aspects, potential possibilities for Exela, and other statements that are not historical info. These statements are primarily based on the latest anticipations of Exela management and are not predictions of genuine performance. These statements are issue to a amount of threats and uncertainties, together with without having limitation people discussed beneath the heading “Possibility Variables” in Exela’s Annual Report and other securities filings. In addition, ahead-wanting statements provide Exela’s expectations, strategies or forecasts of potential activities and views as of the date of this interaction. Exela anticipates that subsequent situations and developments will cause Exela’s assessments to adjust. These ahead-seeking statements need to not be relied on as representing Exela’s assessments as of any date subsequent to the day of this push release.

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