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Lleida.net signs a contract for an estimated value of

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Madrid, April 16th. The Spanish listed company Lleida.net (BME:LLN) (EPA:ALLLN) (OTCQX:LLEIF) has signed a new contract with the company Peruana de Entretenimiento en Línea S.A.C., which will allow the technology company to invoice 600,000 euros per year, according to the company’s estimates.

Based on the contractual agreement, the Spanish company will provide the eKYC Lleida.net service to the Peruvian online entertainment company S.A.C.

The eKYC will allow Peruana de Entretenimiento en Línea S.A.C. to transform the way it registers its new customers, granting remote identification via mobile devices or computers. This method streamlines the process and minimizes the bureaucracy traditionally associated with knowing the customer, without compromising security or authenticity.

Sisco Sapena, the company’s top representative, pointed out that “This new contract, which will bring in more than half a million euros a year, marks another step in our recovery and reaffirms our position as a leader in the sector. We are bouncing back strongly, strengthening our portfolio and revalidating our commitment.”

Lleida.net’s eKYC onboarding service identifies customers in less than 60 seconds, reduces identity fraud by 82% in both online and offline environments and is used by 46% of the online transaction population.

The Spanish company has accumulated a total of 309 patents in more than 60 countries for its innovations in the field of certified electronic signature, notification and contracting.

Its approach to growth is based on a solid development policy in intellectual property and R&D, as well as a reinforcement of its internationalization policy.

The company, founded in 1995, was first listed on BME Growth in 2015, on the Madrid stock exchange.

It subsequently listed 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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