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Lightbridge To Discuss New Metal Fuel Design In US Nuclear Regulatory Commission Closed Meeting

MCLEAN, Va., Oct. 4, 2010 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq:LTBR), the leading innovator of advanced nuclear fuel designs and a provider of nuclear energy consulting services to commercial and governmental organizations, today will have a closed meeting with the US Nuclear Regulatory Commission (NRC).

During the meeting, Lightbridge will discuss its all-metal fuel technology for increased power output and thorium-based seed-and-blanket fuel designs. Additionally, the Company will discuss plans for analytical and experimental work to support a regulatory licensing process leading to lead test assembly testing, a full-scale demonstration of its fuel in an operational, light water reactor.

Participants from the NRC include members of the Office of Nuclear Reactor Regulation (NNR), Office of New Reactors (NRO), Office of Nuclear Regulatory Research (RES), who will meet with members of Lightbridge's management team. 

For more information, the meeting notice can be found on the NRC website at www.nrc.gov .

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.

The Lightbridge Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6636

CONTACT:  Ogilvy Public Relations
          Greg Jawski
          (212)-880-5353
          greg.jawski@ogilvypr.com

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