Lleida.net receives new US patent and estimates additional

Madrid, 5 September - The US authorities have granted the Spanish listed company Lleida.net (OTC.US) (ALLLN.PA) (LLN.MA) a new patent for its platform and method of certifying an electronic notification for electronic identification and trust services under the EIDAS legislation.

The patent, which has US Patent and Trademark Office (USPTO) number 11750592, is valid for 20 years and is estimated to generate additional SaaS revenues for the company over its lifetime in the order of EUR 10 million.

To date, the company, founded by Sisco Sapena in 1995, has received up to seven patents for its developments in certified electronic signature, notification and contracting.

This brings to 303 the number of patents received by the company in more than 60 countries on five continents.

"The granting of this new US patent is a significant milestone in our global growth strategy. It allows us to reinforce our position as a leader in the e-signature, e-notification and e-procurement market and our presence in the United States," explained Sapena.

"We are committed to continuous innovation and international expansion, and this patent is a testament to our strong intellectual property and R&D policy," he added.

Lleida.net's growth strategy includes a solid growth policy in terms of intellectual property and R&D, as well as a reinforcement of its internationalisation policy.

Last week, on 30 August, the company announced the granting of another patent for its Method for Certifying the Content of Blockchain Transactions by the European Patent Office.

The patent covers one of the main problems of blockchain networks and the blockchain industry, which is the reliability of the content introduced into the network.

Lleida.net is the leading company in the electronic signature, notification and contracting industry at European level. It has been listed on BME Growth in Madrid since 2015, on Euronext Growth in Paris since 2018 and on OTCQX in New York since 2020.