Lightbridge CEO Reappointed to U.S. Department of Commerce Civil Nuclear Trade Advisory Committee

Lightbridge CEO Reappointed to U.S. Department of Commerce Civil Nuclear Trade
Advisory Committee

MCLEAN, Va., March 20, 2013 (GLOBE NEWSWIRE) -- 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 Seth Grae, President and Chief Executive
Officer, has been reappointed to the U.S. Department of Commerce Civil Nuclear
Trade Advisory Committee (CINTAC). The committee advises the Secretary of
Commerce on how to expand U.S. civil nuclear exports and strengthen the
industry's competitiveness.

Mr. Grae was first named to the 30-member CINTAC in 2010 by then-Commerce
Secretary Gary Locke.Other members include senior executives from the U.S.
nuclear power industry. The committee's current charter expires in September
2014.

About Lightbridge Corporation

Lightbridge is a U.S. 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.

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http://twitter.com/lightbridgecorp.

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http://www.globenewswire.com/newsroom/prs/?pkgid=17075

Forward Looking Statements

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 press release and involve a number of risks and
uncertainties, which 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, Investor Relations, Lightbridge Corporation
         571-730-1213, gsharpe@ltbridge.com

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