Exela Wins Smart Data Processing Contract With Major Property Insurance Company
IRVING, Texas, Jan. 04, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) today announced that it has been awarded a contract with a leading US-based property insurance company -United. The $2 million contract will use Exela’s Intelligent Document Processing (“IDP”). The client engaged Exela to help drive their digital transformation journey using IDP to digitize tens of millions of legacy files.
“We welcome the opportunity to strengthen our 15+ year relationship and look forward to continuing to accelerate our customers’ digital transformation journey,” said Suresh Yannamani, President of Exela.
To learn more about Exela’s award-winning, industry-leading IDP solution, please visit BranchExela’s thought leadership publication.
For more Exela information, commentary and industry insights, visit: https://investors.exelatech.com/
And do not hesitate to follow us on social networks:
Information posted on the Company’s website and/or through its social media accounts may be considered material to investors. Accordingly, investors, the media and others interested in the Company should monitor the Company’s website and social media accounts in addition to Company press releases, SEC filings, conference calls public telephone calls and webcasts.
About Exela Technologies
Exela Technologies is a leader in business process automation (BPA), leveraging a global footprint and proprietary technology to deliver digital transformation solutions that improve quality, productivity and user experience final. With decades of experience operating mission-critical processes, Exela serves a growing list of more than 4,000 customers in 50 countries, including more than 60% of the Fortune® 100. Using core technologies spanning information management , workflow automation and integrated communications, Exela’s software and services include multi-industry and departmental solution suites addressing finance and accounting, human capital management and legal management, as well as industry-specific solutions for banking, healthcare, insurance and the public sector. With cloud-enabled platforms, built on a configurable stack of automation modules, and more than 17,500 employees operating in 23 countries, Exela is rapidly deploying integrated technology and operations as an end-to-end digital travel partner. end.
Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as ” may”, “should”, “would”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “seem”, “seek”, “continue”, “future”, “will”, “expect”, “outlook” or other similar words, phrases or expressions. These forward-looking statements include statements about our industry, future events, estimated or expected future results and benefits, future opportunities for Exela, and other statements that are not historical facts. These statements are based on the current expectations of Exela’s management and do not constitute forecasts of actual performance. These statements are subject to a number of risks and uncertainties, including, without limitation, those discussed under “Risk Factors” in Exela’s Annual Report and other securities filings. movables. In addition, forward-looking statements provide Exela’s expectations, plans or forecasts regarding future events and beliefs as of the date of such communication. Exela anticipates that subsequent events and developments will cause Exela’s ratings to change. These forward-looking statements should not be relied upon as representing Exela’s assessments as of any date subsequent to the date of this press release.
Investor and/or media contacts:
E : [email protected]
Mary Beth Benjamin
E : [email protected]