Turkey grants Lleida.net a patent for its registered email

Madrid, 28 April .- The Turkish authorities have granted the Spanish technology company Lleida.net (BME: LLN, EURONEXT: ALLLN) a new patent for its registered email method with qualified electronic signature.

The patent, awarded by TurkPatent, the managing body for patents in Turkey, is currently in force for 20 years.

It is the second patent on certification methods, as well as a digital witness in electronic contracts and notifications that Lleida.net receives by that country.

Innovation and intellectual property are two cornerstones in Lleida.net's business strategy, which already has 111 patents worldwide in certified electronic methods of notification and contracting.

“Due to its size and the level of development of its economy, Turkey is an important market in the international efforts carried out by our company," explained Sisco Sapena, CEO and founder of Lleida.net. 

The Lleida.net method allows the sending of digitally signed registered email with a qualified signature without breaking that signature at the time of the certification.

The system generates a legally valid documentary evidence, valid  before the courts and public administrations to prove the sending, content, delivery and tampering of the information.

The company, which is dual listed on the Alternative Stock Market (MAB) and the Euronext Growth in Paris, increased its sales by 43% over the first quarter of 2020, according to the estimated results that were made public  few days ago.

With a turnover of 4,046 million euros in the first quarter of the year, it recorded an EBITDA of 424,000 euros, 33% more than same period of the previous year.

Currently, over 70 countries recognize the legal validity of electronic methods to certify legal notifications in contracting processes.

The company, founded 25 years ago, became in 2018 the first provider to obtain the qualified service for certified electronic delivery service from the European EIDAS regulation, which regulates electronic identification and trust services for electronic transactions in the European Union territory.

The company's shares have appreciated significantly since the beginning of the year. Since January 1, 2020, the value of its shares has increased 76 percent.

At the close of the market, its shares were sold at 1,72 euros in Madrid and at 1,74 euros in Paris.

On 26 March , the company's Board of Directors proposed to distribute the first dividend in its history.