EXHIBIT 99.1



                    LIGHTBRIDGE ANNOUNCES PLAN TO STREAMLINE
                             CALL CENTER OPERATIONS

BURLINGTON, MA - MARCH 25, 2003 -- Lightbridge, Inc. (Nasdaq: LTBG), today
announced it intends to consolidate its Broomfield, Colorado call center
operations into a neighboring Lightbridge facility and to its existing Lynn,
Massachusetts call center. The Company's actions will result in the closure of
its existing Broomfield call center. The Company expects to record a
restructuring charge in the first quarter 2003 of approximately $100,000 for
workforce reductions and a restructuring charge in the second quarter of 2003 of
approximately $900,000 for facilities reductions and capital equipment
write-offs.

"We believe our state-of-the-art call center technology, an integral part of our
best practices, enables these changes without compromise or disruption to client
service levels, while managing our expenses at more favorable levels. This
action is part of our ongoing commitment to the control and management of our
costs," said Pamela D.A. Reeve, Chief Executive Officer.

These actions when completed are expected to generate annualized cost savings of
$1.2 million. The Company will provide further details regarding this action
during its conference call to discuss its first quarter operating results,
scheduled for Thursday, April 24, 2003.

ABOUT LIGHTBRIDGE, INC.

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
customers, monitor transaction behavior, and limit identity theft.

Since 1989, Lightbridge has helped wireless carriers reduce the risks associated
with `faceless transactions'. Today's 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. Our combined
solutions and


services are designed to create a trusted environment for customers, while
safeguarding business information and transactions. Businesses supported by
Lightbridge can have the competitive edge to translate prospects into profitable
lifetime customers, whether transactions are completed on wired, wireless, or
Internet devices. Visit us at http://www.lightbridge.com or call 800-LIGHTBR.
Contacts:

         Glen Zimmerman                               Susan Griffin

         Media Relations                              Investor Relations
         Lightbridge, Inc.                            Lightbridge, Inc.
         781/359-4705                                 781/359-4854
         gzimmerman@lightbridge.com                   sgriffin@lightbridge.com


LIGHTBRIDGE and the Lightbridge logo are registered trademarks of Lightbridge,
Inc. All other trademarks or registered trademarks are the properties of their
respective owners.

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                           FORWARD-LOOKING STATEMENTS

Certain statements in this news release that are not statements of historical
facts may constitute forward looking statements, including, without limitation,
those relating to the impact of the restructuring on the Company's business and
operations. 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, (iii) the
adverse impact that the financial and operating difficulties of the Company's
clients may have on the Company's future revenues, and financial and operating
results, (iv) 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, (v) the Company's ability to execute on its objectives,
plans or strategies including, without limitation its plans to manage costs,
(vi) economic and political instability in the domestic and international
markets including, without limitation, the impact of terrorist threats and
hostilities and the declaration of war or similar actions, (vii) the impact of
restructuring and other charges on the Company's business and operations, and
(viii) the factors disclosed in the Company's filings with the U.S. Securities
and Exchange Commission including, without limitation, its 2001 Annual Report on
Form 10-K. The Company undertakes no obligation to update any forward-looking
statements.