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04.03.2024 07:45:00

South Korea has granted Lleida.net its sixth patent in the country

Madrid, March 4 - South Korea has granted Spanish technology company Lleida.net (BME:LLN) (EPA:ALLLN) (OTCQX:LLEIF) its sixth patent in the country, this time for its electronic contract certification method.

The recognition, granted by the Korean Intellectual Property Office (KIPO), is titled "Platform and Method for Certifying an Electronic Contract for Electronic Identification and Trust Services (EIDAS)" and is valid for 20 years.

EIDAS is the European regulation that sets the standards for identification and trust services for electronic transactions within the EU.

This technology generates the certification of the reception of electronic mail that contains a digital proof to demonstrate the reception, the content, the delivery and the non manipulation of the information and the message, valid before the courts and the public administrations.

This is the sixth recognition received by Lleida.net from the Seoul authorities, which has 309 patents worldwide in more than 60 countries on 50 continents.

So far, 11 Asian countries have recognized Lleida.net's inventions, including Japan, China, the Gulf Cooperation Council, India and Israel.

Lleida.net's growth strategy in the electronic signature, notification and contracting market in the countries where it is present and those where it plans to be in the future, is based on a solid growth policy in intellectual property and R&D, as well as a reinforcement of its internationalization policy.

Lleida.net is the European leader in the certified electronic signature, contracting and notification industry.

The company, founded in 1995, first went public in Madrid in 2015.

It subsequently went public on Euronext Growth Paris in 2018, and on OTC Markets in New York in 2020. Its securities are also traded on the Frankfurt and Stuttgart stock exchanges.

SAFE HARBOR STATEMENT
This press release contains statements regarding the future of the company and its innovations. Statements regarding the future may be accompanied by words such as "anticipate", "believe", "estimate", "wait", "anticipate", "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.


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