MCLEAN, Va., June 24, 2010 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq:LTBR), the leading developer of non-proliferative nuclear fuel technology and provider of comprehensive advisory services for civil nuclear energy programs, today announced that Kathleen Kennedy Townsend has joined the Company's Strategic Advisory Council. Ms. Townsend will advise Lightbridge management on nuclear diplomacy, policy issues and non-proliferation solutions.
Ms. Townsend brings to Lightbridge a long history of accomplishments in the public and private sector. She is a Senior Advisor at Rock Creek, an investment group founded by the former treasurer of the World Bank. As the State of Maryland's first woman Lt. Governor where she was in charge of a multibillion dollar budget and had oversight of major cabinet departments. Prior to being elected as Lt. Governor, Ms. Townsend served as Deputy Assistant Attorney General of the United States. In that role, she led the planning to put 100,000 police officers into the community and she ignited the Police Corps, a program to give college scholarships to young people who pledge to work as police officers for four years after graduating. Earlier in her career, Ms. Townsend served as the founder and director of the Maryland Student Service Alliance.
Ms. Townsend is an honors graduate of Harvard University, and received her law degree from the University of New Mexico. She has received twelve honorary degrees. A member of the bar in Maryland, Connecticut and Massachusetts, she is also a certified broker-dealer."Lightbridge is extremely pleased to welcome Kathleen to the Strategic Advisory Council," said Seth Grae, Lightbridge Corporation Chief Executive Officer. "Her experience in the public and private sector will be invaluable as we continue to advance on Lightbridge's mission of advancing next generation nuclear energy solutions." 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 non-proliferative nuclear fuel technology and 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 their services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure.