His Excellency Alexis Lautenberg Joins Lightbridge Corporation's Strategic Advisory Council

Nov 18, 2011, 08:00 ET from Lightbridge Corporation

MCLEAN, Va., Nov. 18, 2011 /PRNewswire/ -- Lightbridge Corporation (NASDAQ: LTBR), a leading innovator of next generation nuclear fuel designs and provider of nuclear energy consulting services to commercial and governmental organizations, today announced that His Excellency Alexis Lautenberg has joined the Company's Strategic Advisory Council. Mr. Lautenberg will advise Lightbridge management on nuclear diplomacy and policy issues. Mr. Lautenberg's appointment expands the Company's Strategic Advisory Council to 12 members.

"Lightbridge is pleased to welcome Alexis Lautenberg to the Company's Strategic Advisory Council," said Seth Grae, President and CEO of Lightbridge. "His impressive career and experience in European affairs and the public sector will be of tremendous strategic value as we continue to advance Lightbridge's mission of developing next generation nuclear energy solutions."

Mr. Lautenberg brings to Lightbridge a long history of experience in European affairs and trade policy. He is currently a Senior Policy Advisor to the Brussels office of Steptoe & Johnson, LLP, where he advises the firm's clients based on his in-depth knowledge of the workings of the European Union and its Member States. Prior to this, Mr. Lautenberg spent more than 35 years with the Swiss Federal Department of Foreign Affairs, where in 1986 he was named Head of the Economic and Finance Directorate. He also served as the Swiss Ambassador to the United Kingdom from 2004 to 2010. Prior to these positions, he served as the Swiss Ambassador to Italy from 1999 to 2004 and headed the Swiss Mission to the European Union from 1993 to 1999. Mr. Lautenberg was a Member of the Board of the Foundation for Research in International Banking and Finance at California University, Riverside CA, from 1987 to 1994.

About Lightbridge Corporation

Lightbridge is a U.S. nuclear energy company based in McLean, VA with operations in Abu Dhabi, Moscow and London. The Company develops proprietary, proliferation resistant, next generation nuclear fuel technologies for current and future nuclear reactor systems. The Company also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. Lightbridge's breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way towards a sustainable energy future. Lightbridge consultants provide integrated strategic advice and expertise across a range of disciplines including regulatory affairs, nuclear reactor procurement and deployment, reactor and fuel technology and international relations. It leverages those broad and integrated capabilities by offering its services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure.

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Lightbridge Corporation: Gerry Pascale (571) 730-1213 ir@Ltbridge.com

SOURCE Lightbridge Corporation