Exela Technologies (XELA) Reports Strong Growth in DMR and DrySign

Exela Technologies, Inc. (NASDAQ: XELA), a global business process automation (BPA) leader, today announced that its Digital Mailroom (“DMR”) and DrySign® offerings delivered another strong quarter of new customers and users respectively in the third quarter of 2021. DMR expanded its SMB customer base by 71% and DrySign expanded its user base by 47%, as compared to the prior period.

“We are pleased to see the overall increase in new customers and users and are excited to see an acceleration in signups as the back to school season began. In lockstep with user growth, we are on track to enhance our digital offering with a proprietary remote notarization module which will not only help onboard DMR customers faster, but be offered as a standalone solution to anyone wishing to notarize online,” said Exela’s president, Suresh Yannamani.

During the third quarter, Exela added new geographies including DrySign in the UK and Philippines and DMR in France and Germany. The Company continues to expand its DAG offerings into the SMB market and across enterprises looking for new solutions due to the shifting trends in work from anywhere solutions.

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