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LIGHTBRIDGE TO DEPLOY SERVICES FOR SPRINT PCS

BURLINGTON, Mass.-Lightbridge Inc. announced Sprint PCS will deploy Lightbridge’s Retail
Management System and consulting services.

According to Lightbridge, RMS will help Sprint PCS to incorporate a
more efficient selling process into its retail locations and will allow the company to better manage its handset and
accessory inventory, as well as increase its knowledge of customer purchasing trends.

Lightbridge and Sprint PCS
expect to begin with a rollout to selected markets with plans to complete a nationwide deployment by the third quarter.

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