Lightbridge and Corsair Form Strategic Alliance and Establish a Joint Distribution Agreement.Business/Technology EditorsWireless 2000 NEW ORLEANS--(BUSINESS WIRE)--Feb. 28, 2000 Leading Wireless Solution Suppliers to Integrate and Market Products and Technologies CTIA (1) See CompTIA. (2) (Cellular Telecommunications & Internet Association, Washington, DC, www.ctia.org, www.wow-com.com) A membership organization founded in 1984 that is involved with regulatory and public affairs issues in the wireless industry. Wireless 2000-Booths #5215 (Corsair corsair: see Barbary States; piracy. ) and #2137 (Lightbridge)--Corsair Communications, (Nasdaq:CAIR CAIR Council on American-Islamic Relations CAIR Clean Air Interstate Rule (EPA) CAIR Center for AIDS Intervention Research CAIR Changing Attitudes in Recovery CAIR California Association for Institutional Research ) a leading provider of real-time business solutions for the global wireless industry, and Lightbridge, Inc., (Nasdaq: LTBG), a leading provider of customer acquisition, retention and risk management solutions for the converged telecom market, today announced a new strategic alliance and joint distribution agreement. Under the terms of the agreement, the companies will co-market and sell their respective products into key markets, including 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. and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . The two companies plan to jointly develop new product offerings integrating real-time billing and rating technology from Corsair with Web-based provisioning and customer management technology from Lightbridge. "This new partnership will provide immediate benefits to wireless carriers by allowing them to quickly enhance their service offerings," stated Tom Meyer, president and chief executive officer at Corsair Communications. "Lightbridge and Corsair have the right combination of real-time technologies, established channels, and commitment to customer satisfaction to help carriers deliver new strategic technologies like integrated prepaid services and mobile commerce." -more- "The partnership of Lightbridge and Corsair will provide a streamlined process for carriers to quickly acquire prepaid subscribers from the entire range of distribution channels including retail stores and the Web," said Pamela D.A. Reeve REEVE. The name of an ancient English officer of justice, inferior in rank to an alderman. 2. He was a ministerial officer, appointed to execute process, keep the king's peace, and put the laws in execution. , president and chief executive officer at Lightbridge. "Based upon the trend of converged billing, we believe it is important to have flow through provisioning for both prepaid and post-paid billing systems." About Lightbridge Lightbridge, Inc. (Nasdaq: LTBG), based in Burlington, Mass., is a leading provider of software, transaction management 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" that help telecom carriers quickly acquire customers and retain them over time. Lightbridge has a flexible solution for service provisioning and customer interaction in the converged telecom market. The Company provides a fully integrated workflow and transaction management process for carrier business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets necessary to quickly initiate bundled service offerings to high value, low risk customers. Lightbridge's Telesto(R), a network of integrated customer acquisition, retention and risk management solutions, leverages these provisioning capabilities with best-in-class credit, fraud, churn, channel and market performance offerings. Lightbridge's clients include ALLTEL Communications, AT&T Wireless Services, CTBC CTBC Computer Take Back Campaign CTBC Cape Town Bridge Club (South Africa) Telecom, Global Telecom, KG Telecom, Omnipoint Communications, Orange plc, Powertel, Sprint PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. , TeleCorp PCS, Telia Telecom A/S, TM Touch, Triton PCS and Western Wireless. Visit http://www.lightbridge.com for more information. About Corsair Communications Corsair Communications, Inc. (Nasdaq: CAIR) headquartered in Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation). Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e. , is a leading provider of real-time business solutions for the global wireless industry. The product portfolio includes PhonePrint(R), PrePay(TM), PrePay Open(TM) and PhoneFuel(TM). PhonePrint is currently installed in more than 180 markets worldwide and has prevented more than 300 million fraudulent cellular calls. PrePay, the company's real-time wireless billing system, is now installed in over 12 markets and supports more than 7 million wireless subscribers. Note: This press release contains 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. regarding the future financial performance of the company, as well as future products that involve risks and uncertainties. Actual results may differ materially because of various risks, including risks associated with product sales and installation, the ability to develop and bring new products to market, successful completion of potential transactions, economic and political instability in international markets, demand for Lightbridge's and Corsair's products and services, continued growth of the wireless telecommunications industry, and other risks associated with Corsair's and Lightbridge's businesses. For an expanded discussion on such risks, please see the documents filed by Lightbridge and Corsair Communications with the U.S. Securities and Exchange Commission. Lightbridge and Telesto are registered trademarks and the Lightbridge logo is a trademark of Lightbridge, Inc. All other trademarks and registered trademarks are the properties of their respective owners. |
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