LLEIDANETWORKS SERVEIS - LLEIF STOCK NEWS

Lleida.net (BME:LLN) (EPA:ALLLN) (OTCQX:LLEIF) CEO Sisco Sapena will join a panel on International eSignature Adoption at the ESRA Conference. The panel will focus on Europe's and international future trends in electronic signatures, highlighting Lleida.net's role in the global landscape. Sapena's insights are expected to provide valuable perspectives on Europe's anticipated advancements in electronic signatures and trust service digitization.

Spanish listed company Lleida.net has been granted a European patent for its Method for Certifying the Content of Blockchain Transactions, allowing the company to generate additional revenue in the SaaS segment estimated at €30 million. The patent covers one of the main problems of blockchain networks, which is the reliability of content entered into the network. The method offers a way to immutably record messaging data in a blockchain ledger for traceability and trust purposes. Lleida.net acts as a bridge between the certification system and the blockchain, providing a transparent, tamper-proof record of messaging activity.

Lleida.net receives reaffirmed Buy rating and $9 price target from Litchfield Hills Research. Preliminary 1Q22 results show €4.7 million in revenue and €0.02 EPS loss. Litchfield Hills Research adjusts 2023 estimates to €21.5 million in revenue and €0.00 EPS. Lleida.net reaches milestone of 100 million certified e-mails. Company's growth strategy includes focus on intellectual property and R&D.

Lleida.net, a Spanish company, reported a historic milestone in March 2023 with 1,090 active Click&Sign circuits, a significant rise from 116 in March 2019. The platform facilitated the signing of 273,327 contracts, a 34.3% increase year-over-year. The first quarter of 2023 saw 741,541 contracts signed, up from 549,670 in the same period in 2022. Click&Sign Pro contracts also increased by 3%, totaling 286,228 contracts. Despite a downturn in certified emails due to a service cut-off in Colombia, there was organic growth in Spain and Peru, with active certified email users reaching 2,115. Certified SMS usage climbed to 1.85 million, bolstered by demand from banking and insurance sectors. New services, including time stamps, surged nearly 800%, and Lleida.net launched USVC, a new B2C product aimed at validating electronic signatures.

Lleida.net's founder and CEO, Sisco Sapena, has acquired 36,670 shares at €1.98 each, increasing his stake to 35.91%. Sapena expresses confidence in the company's long-term future and highlights the significant results from their technical and commercial teams. Recently, Lleida.net was granted 72 new patents across 30 European countries, enhancing its intellectual property portfolio to nearly 300 patents. The company also launched its USVC product, a universal validator of electronic signatures, and reported record revenues exceeding €20 million, marking its best sales results since inception.