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Technology Stocks : Lightbridge (LTBG)

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To: Clam Clam who wrote ()9/30/1997 10:11:00 AM
From: JakeStraw   of 202
 
Lightbridge Adds Strong Industry Expertise to Fraud Management Team

ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 30, 1997--CTIA Wireless Fraud '97, Lightbridge Booth No. 416--

New Hire Brings In-depth Experience in Subscription
Fraud Issues; CTIA Wireless Fraud '97/Hilton at Lake Buena Vista

Lightbridge, Inc. (NASDAQ:LTBG), a leading provider of customer acquisition and retention solutions for the global
telecommunications industry, today announced the addition of key industry expertise to its fraud management product group
with the hiring of Irene Stearn as the fraud product manager in the Customer Acquisition Group.

Stearn is a cellular fraud expert with over 10 years of experience focused on issues involving risk management, credit and
collections, revenue assurance and cellular fraud. Stearn comes to Lightbridge from PrimeCo PCS, where she was director of
revenue loss prevention and responsible for the design, implementation and management of the Loss Prevention Department.
Stearn also brings years of experience from her position as director of asset/revenue assurance at Ameritech Cellular, where
she was responsible for overall management of seven departments consisting of credit, collections, loss prevention, security,
internal auditing, quality control and process re-engineering. In addition to working with other wireless carrier organizations,
Stearn has worked with various police departments on cellular fraud-related cases.

``We feel very fortunate to bring on such a wealth of industry expertise with the addition of Irene Stearn to the Lightbridge
team,'' commented Pamela Reeve, president and CEO of Lightbridge. ``Her contribution will translate into important product
developments to complement our suite of innovative services to global telecommunications carriers.''

About Lightbridge

Lightbridge, Inc. (NASDAQ:LTBG), based in Burlington, Mass., is a leading provider of software-based services that help
global telecommunications carriers quickly acquire customers and retain them over time. Lightbridge has leveraged its credit
processing expertise into solutions that help carriers quickly and cost-effectively provide bundled services through new
channels. Telesto(TM), Lightbridge's network of integrated customer acquisition and retention solutions, provides best-in-class
credit, fraud, churn, channel and market performance solutions to such clients as AT&T Wireless, BellSouth Mobility DCS,
Omnipoint Communications, PrimeCo Personal Communications and Sprint PCS. It is the only complete, workflow-enhanced
system for customer interaction in the converged telecommunications marketplace. Additional information on the company can
be found on the Web at lightbridge.com .

Telesto is a trademark of Lightbridge Inc.

All other trademarks and registered trademarks are the properties of their respective owners.

Contact:

Lightbridge, Inc. Neva Group
Kate Strong Melanie Hache/Monique Klares
617/672-4852 617/441-4000, Ext. 243/246
kstrong@lightbridge.com mhache@neva.com
mklares@neva.com
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