This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Lightbridge Fuel Technology To Be Featured In December 2012 Edition Of Peer Reviewed Journal

MCLEAN, Va., Nov. 1, 2012 /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 a peer reviewed article on the Company's proprietary fuel technology designed to increase power output and safety of commercial nuclear reactors and to enhance industry economics will be published in the December 2012 edition of technical journal Nuclear Technology, a publication of the American Nuclear Society.

"Lightbridge Corporation's Advanced Metallic Fuel for LWRs" highlights how the next generation fuel is capable of increasing the power output and extending the cycle length of current generation light water reactors.  The paper also reviews the unique geometry and composition of the metallic fuel and its application to power uprates in LWRs.

"The article's publication in this prestigious journal is a key milestone in the advancement of our evolutionary fuel technology," said Seth Grae, Lightbridge President and Chief Executive Officer.  "Submitted in 2011, the paper was subject to rigorous review by top industry scholars.  Its publication provides further validation of the Lightbridge fuel technology at an important stage in Company negotiations on fuel fabrication for 2013 tests at research reactors in Russia and the U.S."

About Lightbridge CorporationLightbridge is a US nuclear energy company based in McLean, Virginia 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 to 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.  The Company 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.

Lightbridge is on Twitter.  Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp.

About Nuclear TechnologyNuclear Technology is the leading international publication reporting on new information in all areas of the practical application of nuclear science and technology.  The journal examines all aspects of nuclear energy development, including operations, safety materials, mining, instrumentation, fuel and fuel rod simulation, and waste management.  Also covered are accelerator applications, medical uses, radiation detection, production of radiation, health physics, accident analysis, risk management, economic studies, and computer applications.

About American Nuclear SocietyEstablished in 1954, ANS is a not-for-profit professional organization of engineers and scientists devoted to the peaceful applications of nuclear science and technology.  Its 11,600 members come from diverse technical backgrounds covering the full range of engineering disciplines, as well as the physical and biological sciences.  They are advancing the application of these technologies to improve the lives of the world community through national and international enterprise within government, academia, research laboratories and private industry.

Forward Looking StatementThis news release contains statements that are forward-looking in nature, including statements regarding the Company's competitive position and product and service offerings.  These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates.  The risks include, but are not limited to, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; and the Company's ability to manage its business effectively in a rapidly evolving market.  Certain of these and other risks are set forth in more detail in Lightbridge's filings with the Securities and Exchange Commission.  Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise.

CONTACT: Gary SharpeCorporate Communications & Investor RelationsLightbridge Corporation571-730-1213 gsharpe@ltbridge.com

 

Stock quotes in this article: LTBR 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs