South Africa grants Lleida.net its 211th patent
Lleida.net (OTCQX:LLEIF) has been granted a new patent by the South African Patent Office for its text message certification method, marking its second patent in the country and extending its global patent count to 211. This innovation is part of the company's extensive intellectual property portfolio, recognized in over 60 countries. The company's founder, Sisco Sapena, emphasized Lleida.net's commitment to the South African market, a key player in the telecommunications sector with significant growth potential. In Q1 2022, sales surged by 31% year-over-year, reaching a record €5.21 million.
- Received a new patent in South Africa, increasing total patents to 211 globally.
- Sales increased by 31% in Q1 2022 to €5.21 million, marking a record quarter.
- None.
MADRID, Spain, June 14, 2022 (GLOBE NEWSWIRE) -- The South African Patent Office (CIPC Companies and Intellectual Property Commission) has granted the Spanish-listed company Lleida.net (BME:LLN; EPA:ALLLN; OTCQX:LLEIF) a new patent for its method of certifying text messages.
This is the second patent that the Spanish company has received from the South African authorities and is valid for 20 years.
This brings to 211 the number of patents that the company has received globally for its registered notification, contracting, and electronic signature methods.
To date, more than 60 countries on five continents have recognized the company's inventions in what is the industry's largest intellectual property portfolio in Europe.
These include the European Union, the United States, China, Russia, India, Mexico, Japan, Colombia, Argentina, Peru, South Africa, Nigeria, Australia, and New Zealand.
"We are happy that South Africa, a market where we have been working for years and where we continue to bet and invest, has acknowledged the value behind Lleida.net's technology," explained the company's founder, Sisco Sapena.
Lleida.net's growth strategy in the electronic signature, notification, and contracting market in the countries where it is already present and those where it plans to be in the future includes a solid growth policy in intellectual property and R&D, as well as a reinforcement of its internationalization policy.
South Africa, with more than 60 million inhabitants, is one of the most important markets in the region in terms of growth in the telecommunications industry.
Lleida.net was listed on the current BME Growth in 2015 and on Euronext Growth in 2018. At the end of 2020, it was listed on the OTCQX Best Market index in New York.
As of today, more than 70 countries recognize its electronic methods as valid for certifying legal notices in trading processes.
Last year, its sales increased by
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