UAE's Telecommunications Regulatory Authority accredits Lle

Dubai, 13 November -The  listed technology services company Lleida.net (BME:LLN) (EPA:ALLLN) (OTCQX:LLEIF) has been accredited by the United Arab Emirates Telecommunications Regulatory Authority (TRA) to operate as a certification services provider in the country.

This accreditation is the previous step for  legal recognition of the services of the company, whose titles are traded in New York, Paris and Madrid.

This recognition has been achieved through Lleida Information Technology Network Services LLC, the company's subsidiary in the region.

"Our internationalization policy in the Middle East is not only focused on boosting the commercialization of our services, but also on strengthening our position as a benchmark player in the region," explained Sisco Sapena, CEO  and  founder of the company.

"TRA's recognition of the validity of our services in the UAE is critical to further progress in this direction," he added.

Lleida.net is, at present, the main European company in the eSignature industry. Its electronic notification and contracting services are recognized as valid before courts and public administrations in more than 75 countries.

In 2018, Lleida.net became the first Spanish company to obtain eIDAS certification, which allows it to operate without barriers at a European level and makes its electronic certificates to be admitted by default before any European court or administration.

Likewise, the company has 187 patents in digital signature matters, which have been granted by more than 50 countries in the five continents, including the United States, the European Union, China, Russia, India, Mexico, Japan, Colombia, Argentina, Peru, South Africa, Nigeria, Australia or New Zealand.

Lleida.net started trading in the OTCQX Best Markets index in New York last week.

On 14 September , up to 99.86% of the votes present at the General Shareholders Meeting expressed their approval to this IPO.

During 2020, Lleida.net became the company with the highest stock market growth in Europe and one of the main stock market successes in the world.

Its shares have increased up to 940 per cent during the year.