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MCLEAN, Va., Jan. 30, 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 Lightbridge and President and Chief Executive Officer Seth Grae will be featured on nationwide broadcasts in February of "The RedChip Money Report" on Fox Business News. Mr. Grae will be interviewed first at 2 p.m. Saturday, February 2, 2013. A second separate talk is set for 2 p.m. Saturday, February 23.
Mr. Grae is expected to discuss Lightbridge's achievement of recent milestones in the development of its nuclear fuel technology, which can increase the power output of existing and new reactors, reduce nuclear waste and enhance proliferation resistance. He also will provide an update on the company's nuclear energy advisory services to commercial and governmental entities worldwide. Cable television network Fox Business News is estimated to reach more than 65 million homes throughout the United States.
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 existing 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.
Forward Looking Statements
This news release contains statements that are forward-looking in nature, including statements regarding Lightbridge'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
Investor Relations & Corporate Communications
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