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Technology Stocks : Lightbridge (LTBG) -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (163)	5/11/1998 3:51:00 PM
From: Crash	Read Replies (1) \| Respond to of 202

Hi All, Just found the following press release which begs the question.... Who is this exec replacing and what happened to them? Regards, Crash Lightbridge Names Industry Veteran Brian Connolly Executive Officer and Senior Vice President; Connolly Joins the Company to Oversee Worldwide Sales and Marketing Operations May 11, 1998 9:59 AM EDT BURLINGTON, Mass.--(BUSINESS WIRE)--May 11, 1998--Lightbridge, Inc. (NASDAQ:LTBG), a leading provider of customer acquisition and retention solutions for the global telecommunications industry, today announced it has hired Brian P. Connolly as an executive officer and senior vice president of sales and marketing. Connolly will oversee worldwide sales, marketing, alliances and account management. Connolly brings to Lightbridge more than 20 years of diverse experience in the telecommunications industry. His experience includes providing licensed software, transaction services and consulting to landline and wireless carriers here and abroad. Most recently, Connolly held the position of vice president and chief operating officer at Computer Sciences Corporation (CSC). At CSC, a major provider of management consulting, information systems consulting and integration, and outsourcing to commercial and government markets, Connolly was responsible for a division that delivered software solutions and system integration to the telecommunications industry. Within five years the division's revenue increased from $25 to $120 million and its employee count expanded to 800. Additionally, Connolly has extensive experience developing business strategy and guiding overseas operations in Europe, Asia Pacific, the Middle East and Africa. Prior to joining CSC, Connolly held several management positions at AT&T Information Systems and New England Telephone. "We are extremely pleased that Brian has joined the Lightbridge team," said Pamela Reeve, president and CEO at Lightbridge. "His extensive knowledge of the domestic and international telecommunications industry will be a great asset to the Company as we continue to market ourselves and expand our reach to these increasingly competitive markets." A native of Boston, Mass., Connolly received a B.A. from the University of Massachusetts, and an M.B.A. from Suffolk University. 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 360 Communications, AT&T Wireless, BellSouth Mobility DCS, Omnipoint 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. -0- Telesto, Lightbridge and the Lightbridge logo are trademarks of Lightbridge, Inc. All other trademarks and registered trademarks are the property of their respective owners. c Business Wire. All rights reserved.