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

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

-- Nuclear Technology is "the leading international publication reporting on
new information in all areas of the practical application of nuclear science"

-- Article abstract available at
http://www.new.ans.org/pubs/journals/nt/v_180:3

PR Newswire

MCLEAN, Va., Nov. 1, 2012

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 Corporation
Lightbridge 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 Technology
Nuclear 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 Society
Established 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 Statement
This 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 Sharpe
Corporate Communications & Investor Relations
Lightbridge Corporation
571-730-1213
gsharpe@ltbridge.com



SOURCE Lightbridge Corporation
 
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