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Gold/Mining/Energy : What is Thorium
LTBR 13.99+3.6%Dec 19 9:30 AM EST

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From: Yorikke4/3/2008 8:21:54 AM
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Thorium Power Appoints General Charles Guthrie to International Advisory Board

Wednesday, Apr. 2 2008

foxbusiness.com

MCLEAN, Va., Apr 02, 2008 (BUSINESS WIRE) -- Thorium Power Ltd. (OTC Bulletin Board: THPW), the leading developer of non-proliferative nuclear fuel technology and provider of comprehensive advisory services for emerging nuclear programs, today announced the appointment of General Lord Guthrie to its International Advisory Board.

General Charles Guthrie has served with distinction in the British Army for 44 years, advancing through the ranks to become the Chief of the Army Staff and then the Chief of the Defense Staff. Today, he serves as an independent member of the House of Lords in the United Kingdom parliament and advises numerous corporations around the world

"General Charles Guthrie is a highly distinguished and accomplished international dignitary, whose accomplishments have been recognized and rewarded on numerous occasions. His global work as an adviser to corporations and heads of state are commensurate with initiatives set forth for the International Advisory Board," said Seth Grae, Thorium Power's President and CEO. "The International Advisory Board has been an essential extension of the core management team. As I look at our recent corporate advances, both domestically and internationally, I am grateful to have received the accomplished support of the Board. The addition of General Guthrie is both an honor and a privilege."

General Lord Guthrie stated, "I have been involved in many meaningful global endeavors. Rarely does one come across solutions with as much impact as Thorium Power. This company has prospects of dramatically changing the energy landscape in a positive way. Joining Thorium Power is truly a unique opportunity. I look forward to doing my part in seeing the company's fuel technology become widely accepted and deployed."

General Guthrie has served a long distinguished career dedicated to the British Army, Defense and the United Kingdom government. In the private sector, General Guthrie has compiled a remarkable record serving as a Director of NM Rothschild & Sons Limited, Colt Defense LLC (USA: 6.62, +0.05, +0.76%), Sciens International Fund of Hedge Funds and Peter Hambro Mining Plc.

About Thorium Power, Ltd.

Thorium Power (OTCBB: THPW) is a pioneering U.S. nuclear energy company based in McLean, VA. The Company develops non-proliferative nuclear fuel technology and provides comprehensive advisory services for emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. Thorium Power's technologies, which are aimed at both existing and future reactors, include nuclear fuel designs optimized to address key concerns regarding traditional nuclear power, including proliferation of weapons usable nuclear materials and reduction of nuclear waste. The Company maintains a seasoned team with unparalleled experience from the nuclear energy industry, regulatory and government affairs, non-proliferation and diplomacy. It leverages those broad and integrated capabilities by offering consulting and strategic advisory services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure. Thorium Power also maintains long-standing relationships with leading Russian nuclear entities, providing expert resources and facilities for its nuclear fuel development activities. The Company seeks and forms partnerships with participants in the global nuclear industry, allowing it to address a wide range of international opportunities.

foxbusiness.com
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