Lightbridge Executives to Take Part in China Nuclear Power Prospect Congress

BEIJING and MCLEAN, Va., Nov. 15, 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, is pleased to announce that President & CEO Seth Grae and Chief Nuclear Fuel Development Officer Jim Malone will participate in the China Nuclear Energy Congress' Nuclear Power Prospect Conference in Beijing on November 17th and 18th.

Mr. Malone will present a paper titled, "Next Generation Light Water Reactor Fuel for Increased Power Output and Longer Fuel Cycles" during the Conference's morning session on November 17. The paper provides technical and preliminary economic information related to how Lightbridge's metallic fuel designs can support China's desire to increase the output of their existing and new build power plants on the basis of megawatts per square meter.

In addition to his presentation, Mr. Malone will serve as a panel member in an afternoon session titled, "Safety of Nuclear Power with Reference to Fukushima," which will focus on the industry's future safety options. Mr. Grae will serve as the moderator of the panel discussion.

"As a result of the Fukushima crisis, there is a heightened sense of awareness surrounding nuclear energy," said Mr. Malone. "The Nuclear Power Prospect Conference will allow key Chinese government and industry officials to better understand the needs surrounding nuclear development in China. Lightbridge looks forward to being a part of these discussions and sharing options for the country's nuclear development plans."

The Nuclear Power Prospect aims to bring together government and business leaders of the nuclear industry in China to examine the present state of nuclear power, review safety regulations, and discuss prospects for the future of nuclear energy. For complete information on the conference, please visit http://www.cdmc.org.cn/npp/.

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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SOURCE Lightbridge Corporation