Lleida.net will provide electronic signature technology to Morocco's national postal service

Rhea-AI Summary

Lleida.net (LLEIF) will supply the core technology for Barid Al Maghrib's Barid eSign electronic signature service in Morocco. The agreement is valued at €190,000 per year and includes provisions for up to four annual renewals, potentially extending the collaboration through 2030.

The platform will manage the certificate lifecycle for individuals and company representatives and includes updates and maintenance for two operational modules: administrator/registration authorities and citizens/business users.

Positive

• Contract worth €190,000 per year
• Potential extension through 2030 with up to four renewals
• Access to Morocco market with 58.8 million mobile subscribers

Negative

• Initial contract size is modest at €190,000 per year
• Revenue continuation depends on up to four optional annual renewals

Madrid, Spain, January 27. - Spanish technology company Lleida.net (BME:LLN) (EPA:ALLLN) has been selected by Barid Al Maghrib, Morocco's national postal operator, to provide the core technology powering its Barid eSign electronic signature service. The agreement will enable Moroccan citizens and businesses to sign documents digitally and participate in public tenders using legally valid electronic signatures.

Morocco, with 58.8 million mobile subscribers and a mobile penetration rate of 159.5%, represents one of Africa's most digitally connected markets. The contract, valued at €190,000 per year, includes provisions for up to four annual renewals, which could extend the collaboration until 2030.

Lleida.net's workflow platform manages the entire certificate lifecycle, from application processing to cryptographic device configuration. The Barid eSign service operates through two modules: one for internal administrators and registration authorities, and another for citizens and businesses requesting or managing their certificates.

Under the agreement, Lleida.net will provide updates and maintenance for the certificate management platform system, which processes electronic certificates for both individuals and legal representatives of companies.

The agreement reflects the Kingdom of Morocco's commitment to its digital transformation, a strategic move that is positioning the country as a technological leader on the African continent. The adoption of registered electronic signature services by its national postal operator demonstrates a clear vision for modernizing public services and facilitating e-commerce.

“This contract with Barid Al Maghrib strengthens our position in the registered electronic transactions market beyond Europe,” said Sisco Sapena, CEO and founder of Lleida.net. “Morocco is demonstrating exemplary leadership in digital transformation, and it is an honor that they have placed their trust in our technology for a service so critical to their citizens and businesses,” he added.

Barid Al Maghrib, founded in 1892, is Morocco's official postal service and has expanded into digital financial services, logistics, and electronic certification as part of its national digitization mandate. The partnership with Lleida.net strengthens its role as a provider of electronic identity services to Moroccan public and private entities.

The company, headquartered in Madrid with offices in more than 15 countries, is currently trading at €1.34 per share on BME Growth. Founded in 1995, Lleida.net is one of Europe's leading providers of registered notification, electronic contracting, and digital signature services.

The company holds more than 300 patents in over 60 countries covering registered notification, electronic contracting, and digital signature technologies. Its shares are listed on BME Growth in Madrid, as well as on Euronext Paris and the Stuttgart and Frankfurt 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.

FAQ

What did Lleida.net (LLEIF) agree to provide Barid Al Maghrib on January 29, 2026?

Lleida.net agreed to supply the core technology for Barid eSign, enabling legally valid electronic signatures. According to the company, the contract covers certificate lifecycle management and two platform modules for administrators and citizens/business users.

How much is the Lleida.net (LLEIF) contract with Morocco's Barid Al Maghrib worth?

The deal is valued at €190,000 per year under the initial term. According to the company, the agreement also includes provisions for up to four annual renewals that could extend the partnership through 2030.

Does the Lleida.net (LLEIF) agreement include renewals or extensions?

Yes. The contract includes provisions for up to four annual renewals that could extend the engagement to 2030. According to the company, renewals are optional and would continue the certificate management and platform maintenance services.

What functionality will Lleida.net (LLEIF) provide for Morocco's Barid eSign service?

Lleida.net will provide a workflow platform managing the entire certificate lifecycle and cryptographic device configuration. According to the company, the system supports registration authorities and citizen/business modules plus updates and maintenance.

How significant is the Moroccan market for Lleida.net (LLEIF) based on the announcement?

Morocco is described as highly connected, with 58.8 million mobile subscribers and 159.5% mobile penetration. According to the company, this connectivity positions Morocco as a strategic market for registered electronic transactions and digital services.