India trusts in Lleida.net to provide guidance to companies

Madrid, 23 August. - The Services Export Promotion Council has selected Lleida.net to explain to Indian companies doing business in Europe, the impact of the new General Data Protection Regulation (GDPR).

In a conference held this week in Bombay, organized by the Indian Ministry of Commerce and Industry, top executives of Lleida.net analysed the technological changes local companies will have to undertake in order to obtain the consent of the residents in their electronic transactions in the European Union

The company gave a breakdown of the technological solutions that will help to comply with European legal requirements and to strength their position in the European market, which will increasingly demand the implementation of efficient certification and notification services.

Through the Services Export Promotion Council (SEPC), Lleida.net will repeat this event in New Delhi on 4 September and will be held also in four cities of the Asian country.The SEPC has 3,000 members, distributed among 14 productive sectors of the country, and is the main link between international companies and service providers in India. 

The company Saraswat Infotech Ltd. (SIL) Distributor of technological services in the country participated along with Lleida.net.

"We are proud to have been chosen by the Indian government as the main European reference in terms of GDPR," explained Sisco Sapena, CEO and founder of Lleida.net, which listed on the Spanish Alternative Stock Market.

"India is a huge market for us with a great business and commercial value. We are most grateful to the authorities who trust in us as a key partner for their companies," he added from Bombay.

The shares of Lleida.net have been significantly revalued throughout 2018.This milestone is the result of the company's international expansion strategy, the optimization and cost reduction policy implemented by the company and its decision to strengthen its presence in the esignature sector, or electronic contracting, which is growing exponentially.

During the first half of the year, the company recorded sales of more than 6.2 million euros, more than one and a half million or 34% over the last recorded period. 

Currently, the shares of Lleida.net are trading at 1.10 euros per share, which represents a market capitalization of 17.65 million euros.

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Disclaimer

This press release contains statements regarding the future of Lleida.net and its innovations. These statements regarding to the future may be accompanied by words such as "anticipate", "believe", "estimate", "wait", "predict", "pretend", "power", "plan", "potential", the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company's commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise.