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Lleida.net signs a 720,000 euro contract with Bosch Telematic Services for 3 years

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On June 18th, Lleida.net (BME:LLN, EPA:ALLLN, OTCQX:LLEIF) announced a 720,000-euro contract with Bosch Telematic Services spanning three years. Under the contract, Lleida.net will provide Certified Electronic Contracting and Notification services, facilitating online contracting and legally valid certified communications. CEO Sisco Sapena emphasized the contract as a testament to their market leadership. Lleida.net boasts 310 patents in over 60 countries and focuses on intellectual property and R&D for growth. Listed on multiple international exchanges, the company continues to enhance its global presence.

Positive
  • 720,000-euro contract with Bosch Telematic Services for three years.
  • Provision of Certified Electronic Contracting and Notification services.
  • Reinforces Lleida.net's market position in certified electronic communications.
  • 310 patents in over 60 countries.
  • Strong focus on intellectual property and R&D.
  • Enhanced international presence with listings on multiple stock exchanges.
Negative
  • Potential risks and uncertainties in achieving commercial success.
  • Dependence on protecting intellectual property rights.
  • Future performance subject to market and regulatory uncertainties.

Madrid, June 18th. The Spanish listed company Lleida.net (BME:LLN) (EPA:ALLLN) (OTCQX:LLEIF) has signed a contract with Bosch Telematic Services for a total amount of 720,000 euros and for a period of 3 years. 

According to the contract framework, the technology company will provide the German company with Certified Electronic Contracting and Notification services to perform online contracting processes, accept agreements quickly and easily, and issue certified electronic communications with legal validity. 

Bosch Telematic Services is a suite of in-vehicle services from Bosch that offers a wide range of functions to improve driving safety, comfort and efficiency. 

Sisco Sapena, CEO of the company Lleida.net, highlighted that, "the signing of this new contract with Bosch Telematic Services for 3 years is a great opportunity to continue demonstrating that our certified electronic communications and contracting services are still leaders in the market".

The Spanish company has accumulated a total of 310 patents in more than 60 countries for its innovations in the field of certified electronic signature, notification and procurement. 

Its approach to growth is based on a strong development policy in intellectual property and R&D, as well as a reinforcement of its internationalisation policy.

The company, founded in 1995, was first listed on BME Growth in 2015 on the Madrid stock exchange.

It was subsequently listed on Euronext Growth Paris in 2018 and on OTC Markets in New York in 2020. Its shares are also traded on the Frankfurt and Stuttgart stock exchanges.


SAFE HARBOR STATEMENT

This press release contains statements regarding the future of the company and its innovations. Statements regarding the future may be accompanied by words such as "anticipate", "believe", "estimate", "wait", "anticipate", "pretend", "power", "plan", "potential", the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company's commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise.


FAQ

What is the value of the contract Lleida.net signed with Bosch Telematic Services?

The contract is valued at 720,000 euros.

How long is the contract between Lleida.net and Bosch Telematic Services?

The contract duration is three years.

What services will Lleida.net provide to Bosch Telematic Services?

Lleida.net will provide Certified Electronic Contracting and Notification services.

How many patents does Lleida.net hold?

Lleida.net holds 310 patents in over 60 countries.

On which stock exchanges is Lleida.net listed?

Lleida.net is listed on BME Growth in Madrid, Euronext Growth Paris, OTC Markets in New York, and exchanges in Frankfurt and Stuttgart.

What are the potential risks mentioned in the Lleida.net press release?

The press release mentions risks related to commercial success, intellectual property protection, and market and regulatory uncertainties.

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