Lightbridge Launches GroupTalk; America Online Deploys
AIM-Branded Version
Company Expands Suite of Customer Transaction Services
BURLINGTON,
Mass.--(
BUSINESS WIRE)--June 10,
2004--Lightbridge, Inc. (Nasdaq:LTBG), a leading provider of
value-added transaction processing solutions, today introduced
Lightbridge(R) GroupTalk(TM), an on-demand voice conferencing
service that gives users the power to dramatically simplify
group communication across organizations. GroupTalk's enhanced
voice conferencing services will enable carriers and service
providers to drive new revenue opportunities and differentiate
their service offerings.
America Online, Inc. (AOL) will use GroupTalk to power the
enhanced voice conferencing function in its new AIM(R)
Business Services(TM), which AOL
announced today. AIM Business Services redefines the role of
traditional conferencing services, by integrating voice
conferencing with instant messaging and Web meetings. (To
editors: See related release issued today by AOL on Business
Wire at www.businesswire.com.)
Laptop Battery "Today's announcement signals another exciting milestone in our
ongoing strategy to grow and diversify our Company by expanding our
transaction services," said Pamela D.A. Reeve, president and chief
executive officer of Lightbridge. "GroupTalk is the result of
research and development efforts over the past year, applied to the
technology we obtained in the Altawave, Inc., acquisition. We are
proud to have AOL as the first customer for GroupTalk, which
demonstrates the carrier-class readiness of this solution."
Dulles, VA December 2, 2004 America Online, Inc., the world's leading interactive services company, today announced the launch of the consumer version of its AIM (r) Voice Conferencing service (AVC) along with a special holiday offer of 500 free AVC minutes for each new AVC user. Consumer AIM Voice Conferencing by Lightbridge (r) enabled group calling service that modernizes the 'party line' by making it easy to gather to 15 friends and family members for a live, party phone call right from the AIM (r) Buddy List feature.
Thinkpad "On-demand audio conferencing is a natural intersection between
instant messaging and voice communications," said Edmund Fish,
senior vice president and general manager, Desktop Messaging,
America Online, Inc. "Lightbridge has the expertise and the
integrated billing, payment processing, customer care, and
teleconferencing services we desired to make the AIM(R) Voice
Conferencing product a success. GroupTalk's integration with AIM's
invitation model offers 36 million active AIM users a seamless
voice conferencing experience and makes it easy to move from
one-to-one exchanges to new shared and collaborative experiences
through AIM."
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Microsoft GroupTalk connects users to ad hoc calls in seconds, across
disparate service providers, networks and devices. As a hosted,
telco-grade, end-to-end solution, GroupTalk provides the
functionality and transaction management capability to simplify the
initiation and administration of group communications. Capabilities
include:
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Laptop Computers -- Dynamic Configuration -- GroupTalk allows subscribers to
establish access controls and define specific call groups that
reflect their organizations' needs. Because end-users and
organizations can manage their groups and accounts via a Web
interface, administration is simplified.
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Laptop Computer -- Connect With Ease -- GroupTalk audio conferences can be
initiated via Integrated Voice Response (IVR) from any telephone, a
Web browser, or desktop
application. GroupTalk dials all
group members instantly and bridges them into a live
conversation, without the need to pre-schedule calls or notify
participants of call-in numbers and PINs.
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Desktop Computer -- Integrated Payment, Billing, and Customer Care Services --
Beyond hosting hardware and software, GroupTalk delivers a low
total cost of ownership and a rapid time-to-market for service
providers.
Notebooks "GroupTalk's ad hoc conference call capabilities, along with Web
management and IVR integration, should interest service providers
given the broad appeal of these technologies, " said David
Alexander, industry manager, multimedia, conferencing and
collaboration group for Frost & Sullivan. "As a hosted service,
GroupTalk can minimize cost and time-to-market while rapidly
generating incremental revenues for service providers."
Lenovo For more information on Lightbridge GroupTalk, visit
http://www.lightbridge.com. For more information on AIM Business
Services, visit http://www.aimatwork.com
Hard Drive About Lightbridge
Travelstar Lightbridge, Inc. (Nasdaq: LTBG) is a leading transaction
processing company that businesses trust to manage customer
transactions for greater profitability. Lightbridge adds value to
fraud prevention, credit qualification, payment processing,
billing, and enhanced voice and data processes. Lightbridge
solutions leverage intelligent automated systems and human
expertise, delivered primarily through the efficiencies and cost
savings of an outsourced business model. Businesses around the
world use Lightbridge to make smarter decisions, deliver better
services, ensure secure payments, reduce costs and optimize the
lifetime value of their customers. For more information, visit
www.lightbridge.com or call 1-800-LIGHTBR.
Gateway LIGHTBRIDGE, and the Lightbridge logo are registered trademarks
and GroupTalk is a trademark of Lightbridge, Inc. All other
trademarks and registered trademarks are the properties of their
respective owners.
Laptop Parts Forward Looking Statement
Software Certain statements in this news release that are not historical
facts, including, without limitation, those relating to the
Company's products, services and markets, and the Company's
strategy to grow and diversify 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, and other markets in which the Company
does business that may affect both the Company and its clients,
(iv) market acceptance of the Company's new products, services, and
technologies, (v) potential state, federal and international
regulation of voice conferencing and related compliance and
operating costs, regulatory assessments and potential suspensions
of service pending compliance with such regulation, (vi)
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 including its strategy to expand
into the voice conferencing market, and (vii) factors disclosed in
the Company's filings with the U.S. Securities and Exchange
Commission including, without limitation, its 2003 Annual Report on
Form 10-K. The Company undertakes no obligation to update any
forward-looking statements.
Hard Drives Contacts
Electronics
Lightbridge, Inc.
Glen Zimmerman, 781-359-4705
gzimmerman@lightbridge.com
or
Bock Communications, Inc.
Kirsten Brundahl, 714-540-1030 ext. 24
Ashton Maxfield, 714-540-1030 ext. 21
kbrundahl@bockpr.com
amaxfield@bockpr.com
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