28 April 2021
Lleida.net and eGate Egypt sign an exclusive distribution agreement for the Egyptian market
Madrid - Cairo, 28 April - Spain's Lleida.net (OTCQX:LLEIF) (EPA:ALLLN) (BME:LLN) and eGate Egypt have signed an agreement that will allow the corporation to distribute, in an exclusive way, all the services catalogue of the Spanish listed company.
Through the agreement, eGate Egypt becomes with immediate effect the exclusive distributor of Lleida.net services in Egypt.
Lleida.net's is partnering up with leading technology companies like eGate Egypt to provide its SaaS service line to large corporations in emerging markets
That line includes its patented registered electronic notification, signature and contracting services and registered SMS services, or its digital onboarding of customers with identity verification technology.
"Lleida.net has taken its penetration of the African market very seriously in recent years. As part of this strategy, entering Egypt is a long-term bet in which we are very confident," explained Sisco Sapena, CEO and founder of the company.
Essam Elsaghir, CEO and founder of eGate Egypt, said: "Digital Transformation is fundamentally changing how you operate and deliver value to customers to enhance the day-to-day lives of the Egyptian society by doing what we are currently doing electronically, better, faster. One of the challenges public services & business face’s today is public and customers communications digital transformations”.
“With our partnership with Lleida.net as one of the leader’s in the registered electronic communication technology we will provide our customers with secure, easy and faster way to reach their clients electronically with registered “emails, SMS, signature and contracting services” with full tracking and delivery certificate”, he added.
Egypt has population of more than 101 million people,and has more than 95 million mobile connections, covering 92 percent of the country's total population and more than 59 million Internet users, which grew more than eight percent during 2020 in the middle of the COVID-19 pandemic
Lleida.net's services, which operate on a pay-per-use model, does not require the installation of any hardware or software, and offers immediate availability, which is ideal for the Egyptian and North African market.
The corporation, founded in 1995, and which last year became one of the fastest growing companies on the European stock market, has more than 3,000 shareholders.
Its shares are traded on the OTCQX Best Market index in New York, on BME Growth in Madrid and on Euronext Growth in Paris.
The company has 203 patents granted worldwide for its certified electronic notification, signature and contracting methods.