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Press Release - May 30, 2006

Lightbridge Announces Enhanced Decision Management 3.0

New Platform Allows Clients to Run Credit and Risk Strategies From Their Desktops

BURLINGTON, MA, May 30, 2006 (MARKET WIRE via COMTEX News Network) — Lightbridge, Inc. (NASDAQ: LTBG), a leading e-commerce, analytics and decisioning company, today announced release 3.0 of our state-of-the-art Enhanced Decision Management(TM) (EDM(TM)) platform. Release 3.0 of EDM enjoyed a successful debut and the scheduled rollout will continue to the majority of our TDS clients through the end of year. EDM 3.0 will allow clients to directly manage their Consumer and Business credit and risk strategies utilizing Lightbridge's proprietary Strategy Management Workbench (SMW) tool. Users of SMW will now have the ability to take control of the development, testing, execution and maintenance of strategies from their desktop. Several new features include:

  • A strategy design user interface that allows business users to author decision workflow and treatment rules,
  • The ability to control the acquisition and integration of data and decisioning,
  • Alternate processing which offers the ability to experiment, test, or verify decisioning changes in parallel to production, real time, using production data,
  • Simulation processing which offers the ability to perform "what if" scenarios with new decision strategies against historical data, and
  • Automation of strategy deployment processes including a roll back feature.

"We are excited to be launching this major release which underscores the strong partnership and support we deliver to our clients. We've worked closely with the carriers to incorporate client-driven features and believe 3.0 will be a platform and toolset that will not only be a forerunner in the industry, but essential for our clients to best manage their decisioning process," said Chris LeBlanc, VP of Research & Development.

Bob Donahue, president and chief executive officer, added, "In response to customer demand, Lightbridge has been investing in our next generation TDS platform, EDM, and feel that we are delivering best in class decisioning services to our clients. This release is a significant milestone in the evolution of our platform, and we are pleased with the initial feedback from our customers."

About Lightbridge

Lightbridge, Inc. (NASDAQ: LTBG) is a leading e-commerce, analytics and decisioning company that businesses trust to manage customer transactions. Lightbridge adds value to fraud screening, credit qualification, and payment authorization. Lightbridge solutions leverage intelligent automated systems and human expertise, delivered primarily through the efficiencies and cost savings of an outsourced business model. Businesses use Lightbridge to make smarter decisions, deliver better services, provide secure payments, reduce costs and enhance the lifetime value of their customers. For more information, visit www.lightbridge.com.

Note to Editors: LIGHTBRIDGE is a registered trademark, and the Lightbridge logo, Enhanced Decision Management and EDM are trademarks of Lightbridge, Inc. All other trademarks and registered trademarks are the properties of their respective owners.

Forward-looking Statements

Certain statements in this news release that are not historical facts, including, without limitation, those relating to the Company's beliefs with respect to its EDM platform 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. 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, payment processing industry, and other markets in which the Company does business that may affect both the Company and its clients, (iv) current and future economic conditions generally and particularly in the telecommunications and payment processing industry, (v) uncertainties about the Company's ability to execute on, and about the impact on the Company's business and operations of, its objectives, plans or strategies as a result of potential technological, market or competitive factors, (vi) the impact of restructuring and other charges on the Company's business and operations, (vii) integration, employee retention, recognition of cost and other benefits and revenue synergies, and other risks associated with acquisitions including the acquisition of Authorize.Net, (viii) the industry risks associated with Authorize.Net's business and operations including, without limitation, illegal or improper uses of Authorize.Net's payment system, unauthorized intrusions and attacks on Authorize.Net's payment system that may impair the operation of its payment systems, changes in or failures to comply with credit card association rules, governmental regulation and the application of existing laws to Authorize.Net's business and dependence on relationships with third party payment processors, (ix) demand for the Company's products and services, (x) market acceptance of the Company's new or enhanced products, services or technologies, (xi) the impact of competitive products, services and pricing on the Company and its products and services, and (xii) the factors disclosed in the Company's filings with the U.S. Securities and Exchange Commission including, without limitation, its 2005 Annual Report on Form 10-K. The Company undertakes no obligation to update any forward-looking statements.

Contacts:
Lynn Ricci
Director, Investor & Media Relations
Lightbridge, Inc.
781-359-4854