Exela Systems, Normal Dynamics and Veterans Advantage Administration launch National Output Communications Providers for Centralized Rewards Communications Management (CBCM) software

IRVING, Texas, Dec. 15, 2021 (Globe NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) currently announced that senior executives from U.S. Office of Veterans Affairs (“VA”), Normal Dynamics Facts Technological know-how (“GDIT”) and Exela marked the launch of output print, mail and distribution services for VA’s CBCM plan and its associated products and services.

VA challenged GDIT and Exela to deliver a print and mail assistance remedy that offered overall transparency with each phase of preparing to mailing of significant paperwork to United States veterans. Exela and GDIT teamed up to build and produce a conversation option that extended the present CBCM managed companies for veterans. The joint team was in a position to finalize and employ the answer and stand up products and services inside 75 times, with complete creation commencing ramp on December 13.

“I was impressed with the performance of the operation and the speedy implementation by the crew to get this concluded for our Veterans,” observed Ray Telez, Executive Director, Veterans Added benefits Administration, Office environment of Enterprise Integration.

“We are proud of our partnership with GDIT and honored to grow our answer giving to provide the VA and eventually our veterans,” stated Suresh Yannamani, president of Exela, incorporating “this enlargement will facilitate approximately 9 million communications to our veterans on a yearly basis.”

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About Exela Technologies

Exela Technologies is a enterprise approach automation (BPA) chief, leveraging a international footprint and proprietary technological know-how to deliver electronic transformation methods maximizing quality, productiveness, and conclusion-person expertise. With many years of experience working mission-crucial procedures, Exela serves a growing roster of a lot more than 4,000 consumers all over 50 international locations, which includes over 60% of the Fortune® 100.

With foundational systems spanning facts management, workflow automation, and integrated communications, Exela’s computer software and services incorporate multi-field department solution suites addressing finance and accounting, human capital management, and lawful management, as nicely as sector-particular solutions for banking, health care, insurance policies, and general public sectors. Through cloud-enabled platforms, constructed on a configurable stack of automation modules, and more than 18,300 staff functioning in 23 international locations, Exela speedily deploys integrated know-how and operations as an stop-to-conclude digital journey partner.

Ahead-On the lookout Statements

Certain statements incorporated in this push release are not historical specifics but are ahead-wanting statements for purposes of the harmless harbor provisions under The Non-public Securities Litigation Reform Act of 1995. Ahead-searching statements usually are accompanied by words and phrases these as “could”, “should really”, “would”, “program”, “intend”, “foresee”, “imagine”, “estimate”, “forecast”, “probable”, “seem”, “request”, “keep on”, “upcoming”, “will”, “hope”, “outlook” or other equivalent words and phrases, phrases or expressions. These forward-on the lookout statements consist of statements relating to our business, future occasions, believed or anticipated foreseeable future final results and gains, future opportunities for Exela, and other statements that are not historic information. These statements are based on the present-day expectations of Exela management and are not predictions of precise overall performance. These statements are matter to a range of threats and uncertainties, such as with no limitation individuals discussed below the heading “Possibility Things” in Exela’s Yearly Report and other securities filings. In addition, ahead-wanting statements provide Exela’s anticipations, strategies or forecasts of long term activities and views as of the date of this interaction. Exela anticipates that subsequent functions and developments will trigger Exela’s assessments to alter. These ahead-searching statements need to not be relied on as representing Exela’s assessments as of any day subsequent to the date of this push launch.

Investor and/or Media Contacts:

Vincent Kondaveeti
E: [email protected]
T: 929-620-1849

Mary Beth Benjamin
E: [email protected]
T: 646-277-1216

Source: Exela Systems, Inc.

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