I found the solution to this problem after deeply looking at the log file.
Although I created my own Distribution Profile and assigned to the CODE SIGNING IDENTITY the correct value for the developer certificate, it didn’t work giving me an error: “Application failed codesign verification”.
The problem is at the following line:
Authority=iPhone Developer: My Name
(XXXXXXXXX)
Despite the correct selection in the project settings for the Distribution profile, XCode was compiling it with the developer certificate.
I finally solved it: Right click on the “Targets” -> Get info -> and there it was selected (don’t ask me why) the wrong distribution certificate instead of the right one.
I corrected that and it finally was accepted.
Related links (you need a developer account): https://devforums.apple.com/message/147964