Exela Continues to Sign New Logos for XBP®

IRVING, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a new contract with a large European domiciled financial services firm that will utilize Exela’s Exchange for Bills and Payments (“XBP^®”), the largest revenue contributor of the $874.2 million ITPS accounting segment for FY 2021. The total contract value (“TCV”) over the 5-year term is valued at approximately $6 million.