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CORRECTING and REPLACING Dobson Communications Licenses Lightbridge's Point-of-Sale Management Solution; Multi-Million Dollar Agreement Includes Retail Management System and Consulting Services.


Business Editors/High-Tech Writers

CORRECTION...by Lightbridge

BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 25, 2003

Please replace BW5028, (MA-LIGHTBRIDGE-INC) Dobson dob·son  
n.
See hellgrammite.



[Probably from the name Dobson.]

Noun 1. dobson - large brown aquatic larva of the dobsonfly; used as fishing bait
hellgrammiate
 Communications Licenses Lightbridge's Point-of-Sale Management Solution, with the following revised release.

The corrected release reads:

DOBSON COMMUNICATIONS LICENSES LIGHTBRIDGE'S POINT-OF-SALE MANAGEMENT SOLUTION; MULTI-MILLION DOLLAR AGREEMENT INCLUDES RETAIL MANAGEMENT SYSTEM AND CONSULTING SERVICES Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 

Lightbridge Inc. (Nasdaq:LTBG), a global enabler of mobile and online business solutions, today announced that Dobson Communications Corp. (Nasdaq:DCEL DCEL Doubly-Connected Edge List
DCEL Direct Current Electro-Luminescent
) has licensed the Lightbridge(R) Retail Management System(TM) (RMS (1) (Record Management Services) A file management system used in VAXs.

(2) (Root Mean Square) A method used to measure electrical output in volts and watts.

1. RMS - Record Management Services.
2.
(TM)), a point-of-sale and inventory control application that streamlines customer acquisition. Additionally, Dobson Communications will utilize Lightbridge Consulting Services to integrate RMS with their business software infrastructure.

"With a customer-base of 1.4 million subscribers and more than 260 retail locations in 16 states, Dobson needs an advanced, integrated and reliable customer acquisition and point-of-sale solution to keep us ahead of the competition," said Tom Morgan, senior vice president and chief information officer of Dobson Communications. "After a comprehensive search, we found Lightbridge to be the logical choice given its robust product suite, time to market capabilities and ability to seamlessly customize its products to meet our front-end needs."

Lightbridge RMS includes point-of-sale functionality, such as credit scoring Credit scoring

A statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness.
 and service activation, transaction and payment processing and cash drawer A cash drawer is generally a compartment underneath a cash register in which the cash from transactions is kept. The drawer is usually divided into separate compartments for notes and coins for ease of use.  management. The system is specifically designed for the telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  market and is currently installed at more than 1,500 retail locations. Lightbridge Consulting Services provides project management, custom engineering and software integration planning and support, enabling Dobson Communications to migrate from their existing systems to Lightbridge RMS on an aggressive schedule.

"This licensing relationship with Dobson Communications will enable the company to efficiently manage the sales and distribution of any number of products and services over a large portion of U.S. wireless subscribers. It also demonstrates Lightbridge's ability to quickly and successfully integrate RMS into a third-party solution," said Edward DeArias, vice president of worldwide sales at Lightbridge.

RMS will integrate with the Lightbridge(R) Customer Acquisition System(SM)(CAS(SM)), a top-performance solution that screens subscriber applications for wireless services plans at the point-of-purchase -- a service that Dobson Communications has used since 1997.

About Dobson

Dobson Communications, based in Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm , sells wireless service under the brands Dobson Cellular Dobson Cellular Systems, Inc., is a wireless telecommunications provider in several regions of the United States, including Alaska, Arizona, Kansas, Kentucky, Maryland, Michigan, Minnesota, Missouri, New York, Ohio, Oklahoma, Pennsylvania, Texas, Virginia, West Virginia and  Systems and CellularOne. Dobson Communications is a leading provider of wireless phone services to rural markets in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . See the company Web site at: www.dobson.net.

About Lightbridge

Lightbridge is a global enabler of mobile and online business solutions, offering software and services designed to maximize the lifetime value of customers, minimize risk and drive profitability. Lightbridge real-time applications qualify customers, assess credit, screen for fraud, authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate.

(2) To verify (guarantee) that data has not been altered.
 customers, monitor transaction behavior and limit identity theft.

Since 1989, Lightbridge has helped wireless carriers reduce the risks associated with "faceless transactions." Today, Lightbridge is applying that carrier-grade reliability and scalability to global e-businesses that want to minimize online customer risk with effective, efficient, automated processes. The company's combined solutions and services create a trusted environment for customers, while safeguarding business information and transactions. Businesses supported by Lightbridge have the competitive ability to translate prospects into profitable lifetime customers, whether transactions are completed on wired, wireless or Internet devices. On June 30, 2003, the company had a market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 of $266 million, $130 million in cash, or approximately $5.00 per share, and an active share repurchase Share Repurchase

A program by which a company buys back its own shares from the marketplace, reducing the number of outstanding shares. This is usually an indication that the company's management thinks the shares are undervalued.
 program. Visit the company at www.lightbridge.com or call 800-LIGHTBR.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

Statements that are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties. Such statements are based upon the current beliefs and expectations of the management of the company, and are subject to significant risks and uncertainties.

Actual results may vary materially from those contained in forward-looking statements based on a number of factors including, without limitation, (i) dependence on a limited number of clients, (ii) the company's revenue concentration in the wireless telecommunications business and the declining subscriber growth rate in that business, (iii) continuing rapid change in the telecommunications industry and other markets in which the company does business that may affect both the company and its clients, and (iv) the factors disclosed in the company's filings with the U.S. Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statements.

Note to Editors: LIGHTBRIDGE and the Lightbridge logo are registered trademarks of Lightbridge Inc. Retail Management System and RMS are trademarks of Lightbridge Inc. Customer Acquisition System and CAS are service marks of Lightbridge Inc. All other trademarks and registered trademarks are the properties of their respective owners.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 25, 2003
Words:761
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