Nortel signs agreement to resell the Lightbridge PrePay IN solution to its GSM customers

June 16, 2004

1 Min Read

BURLINGTON, Mass. -- Lightbridge, Inc. (Nasdaq: LTBG), a leading provider of value-added transaction processing solutions, today announced that it has signed an agreement with Nortel Networks to resell the Lightbridge® PrePay™ IN solution to Nortel Networks GSM customers around the world. Expanding the longstanding relationship between the two companies, this new agreement brings to market an end-to-end Intelligent Network (IN) solution integrated with Nortel Networks circuit and packet core. The combined solution gives wireless operators the power to deliver revenue generating voice, data and other IN services.

This agreement enables Nortel Networks and Lightbridge to offer Lightbridge’s IN platform as an integrated solution with Nortel Networks Mobile Switching Center (MSC). The PrePay IN platform has also been integrated with Nortel Networks Gateway GPRS Support Node (GGSN) to allow operators to deliver the most advanced GPRS data services to their prepaid subscriber base.

PrePay IN also provides operators with a seamless migration path to next generation wireless technologies in mixed infrastructure environments. Bahamas Telecommunications Company, Ltd. (BTC) is the first customer to deploy the PrePay IN and Nortel Networks solution supporting BTC’s existing TDMA network as well as its new GSM/GPRS network.

“Lightbridge’s expanded relationship with Nortel Networks means that mobile operators around the world can depend on industry-leading, end-to-end solutions designed to propel their growth and drive the lifetime value of their customers. We are pleased to be working with Nortel Networks and believe this agreement further validates the capabilities and performance of our IN platform solution in the wireless marketplace,” said Greg Crowley, vice president of corporate development for Lightbridge.

Nortel Networks Ltd.

Lightbridge Inc.

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