Lightbridge to Present At GSM Fraud Forum.

Business/Technology Editors

BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 5, 2001

Executives Address Challenges of Fraud Management Facing the

Wireless Industry

Lightbridge(R), Inc. (NASDAQ: LTBG), a global provider of mobile business solutions to communications providers, will address attendees at the regional GSM Association Fraud Forum held this week in Montreal, Canada, from September 5-7. According to the GSM Association, there are more than 564 million GSM subscribers worldwide, making it the predominant global standard for wireless communications. As sponsoring members of the Fraud Forum, Lightbridge speakers will discuss the importance of fraud management as the industry transitions to next-generation 2.5 and 3G networks and services.

"With GSM, the most widely accepted wireless standard in the world, the negative effect of fraud on revenue is an important topic," said Michelle Wheeler, director of fraud products at Lightbridge. "This conference represents an excellent venue to educate the GSM industry on current concerns and future considerations as they begin to implement next generation services. Lightbridge's fraud solutions offer efficient monitoring and detection for GSM carriers, regardless of location."

Regina Wheeler, engineering manager at Lightbridge, added, "The introduction of wireless data - namely through the rollout of 2.5G networks - forces carriers to develop new ways of evaluating fraud by using systems that must be both cost efficient and flexible. In order for the industry to make the transition to mobile business, issues regarding fraud management must be resolved."

Lightbridge plays a key role in activating and qualifying subscribers for wireless carriers. Through software and services, Lightbridge evaluates subscribers' credit histories at the point-of-purchase and provides on-going usage monitoring throughout the subscriber's lifecycle with cross-referencing between both sets of data. This integrated approach to fraud prevention provides carriers and consumers with the most effective means of fraud detection and management available. Lightbridge's Fraud Centurion(TM) evaluates and profiles more than 45 million worldwide subscribers each day.

About Lightbridge

Lightbridge is a global provider of mobile business solutions, offering communications providers products and services that increase revenue, productivity and customer loyalty. Building on its 12 year heritage in the wireless telecommunications arena, Lightbridge integrates a reliable infrastructure for the mobile business economy that supports the complete customer lifecycle, including customer acquisition, risk management, prepay and replenishment, customer relationship management and retention. For more information visit http://www.lightbridge.com or call 800-LIGHTBR.

Lightbridge and the Lightbridge logo are registered trademarks and Fraud Centurion is a trademark of Lightbridge, Inc. All other trademarks and registered trademarks are the properties of their respective owners.