Lightbridge - Legal Statements

Lightbridge, Inc.
30 Corporate Drive
Burlington, MA USA 01803

Lightbridge, Inc. ("Lightbridge") maintains this web site ("Site") as a service to its customers. All content on the Site is owned exclusively by Lightbridge or its third-party licensors. No use may be made of such content other than as specified in the Terms of Use.

Please read the following statement which describes how and what information we collect on the Lightbridge web site and how we use and may disclose this information. The information that Lightbridge receives depends on what you do when you visit our web site.

Personal Information: What We Collect and How We May Use It

You may identify yourself and submit other personal information to us on one of our submission forms or when you request further information from us. These forms and requests include inquiries that you make about Lightbridge products and services, requests for media and industry analyst information, requests for investor information and resume submission. If you use one of our forms, the information you provide is up to you.

We use this information to respond to your request or submission. To do this, in some cases, we may share this information with outside parties, agents or subcontractors who are performing services for Lightbridge and who will use the information for the purpose of responding to your request or providing the services or information that you requested.

In addition, we may add your information to one or more databases that we maintain. From time to time, we may also disclose information from these databases to our commercial partners and other third parties who may offer similar or related services or who otherwise may wish to acquire such information. In other limited circumstances, we may disclose personally identifiable information in response to legal process, including, for example, in response to a court order or a subpoena. We also may disclose such information in response to a law enforcement agency's request.

Non-Personally Identifiable Information: What We Collect and How We May Use It

If you visit our site to browse or to read or download information, we collect and store the following information: the name of the domain and host from which you access the Internet (for example, aol.com); the Internet protocol (IP) address of the computer you are using; the browser software you use and your operating system; the date and time you access our site; and the Internet address of the web site from which you linked directly to our site. We also use "cookies" on our site. A "cookie" is a small text file that a web site can place on your computer's hard drive in order, for example, to collect information about your activities on the site. The cookie transmits this information back to the web site's computer.

We use this information to measure the number of visitors to the different sections of our site, and to help us make our site more useful. In some circumstances, we may combine this information with your personal information and use this combined information for the purpose of sending you email about areas of our web site which you have visited, and also use this combined information in the same manner as described above under the heading �Personal Information: What We Collect and How We May Use It.�

Security

We use secure socket layer (SSL) encryption to protect the transmission of information you submit to us when you use our secure online forms. Once we receive this information, we take steps to protect it from unauthorized disclosure. If you send us an email, you should know that email is not necessarily secure against interception. So please contact us by postal mail or telephone rather than email if you prefer not to use one of our online forms.

Unsubscribe; Changes

If you wish to unsubscribe from an email service for which you have subscribed via Lightbridge�s web site, you may do so by following the instructions that are included in the Lightbridge email message that you receive. If you otherwise wish to change the personal information you have provided to Lightbridge or remove this information from Lightbridge�s databases, you may do so via a form on the same web page through which you submitted the information or, if that web page does not provide this option, please notify Lightbridge by sending an email message to web@lightbridge.com. Lightbridge reserves the right to modify or amend this Privacy Policy at any time and for any reason.

By using the Site you are agreeing to comply with and be bound by these Terms of Use and any operating rules, regulations, policies and procedures that may be modified from time-to-time on the Site (collectively, the Terms). Lightbridge reserves the right to amend the Terms and modify or discontinue all or part of the Site, temporarily or permanently, with or without notice, and is not obligated to support or update the Site. The amended Terms shall automatically become effective immediately after they are initially posted on this Site. Your continued use of the Site after the posting of the amended Terms on the Site constitutes your affirmative: (a) acknowledgement of the Terms and its modifications; and (b) agreement to abide and be bound by the Terms, as amended. Should you object to any modifications of the Terms, your only recourse is to immediately: (a) terminate use of the Site and/or Services; and (b) notify Company of termination.

Proprietary Rights

The Site is proprietary to Lightbridge. All the text, images, marks, logos and other content of the Site (�Site Content�) is proprietary to Lightbridge or to third parties from whom Lightbridge has obtained permission. Lightbridge authorizes you to view, download, and print the Site Content provided that: (i) you may only do so for your own personal and non-commercial use; (ii) you may not copy, publish or redistribute any Site Content; (iii) you may not modify Site Content; (iv) you may not remove any copyright, trademark, or other proprietary notices that have been placed in the Site Content by Lightbridge. Except as expressly permitted above, reproduction or redistribution of the Site Content, or any portion of the Site Content, is strictly prohibited without the prior written permission of Lightbridge. To request permission you may contact Lightbridge at web@lightbridge.com. You represent and warrant that your use of Site Content will be consistent with this license and will not infringe or violate the rights of any other party or breach any contract or legal duty to any other parties.

Use of the Site

The Site is designed to provide useful information about Lightbridge and our services. The Site does not provide specific recommendations for any particular situation or circumstances.

Links to Third Party Sites

The Site contains links to third-party web sites. The linked sites are not under the control of Lightbridge, and Lightbridge is not responsible for the contents or policies of any linked site. Lightbridge provides these links as a convenience only, and a link does not imply endorsement of, sponsorship of, or affiliation with the linked site by Lightbridge. Links to merchants or advertisers are owned and operated by independent retailers or service providers, and therefore, Lightbridge cannot ensure that you will be satisfied with their products, services or practices. Lightbridge is not responsible for the privacy practices of any third-party web site. Once you access an individual document that links you to another web site, you are subject to the privacy policy of that site. You should make whatever investigation you feel necessary or appropriate before proceeding with any transaction with any of these third parties.

Warranty Disclaimer

THE SITE AND SERVICES ARE PROVIDED ON AN "AS IS," "AS AVAILABLE" BASIS. LIGHTBRIDGE DOES NOT REPRESENT OR WARRANT THAT THE SITE OR SERVICES WILL BE AVAILABLE, ACCESSIBLE, UNINTERRUPTED, TIMELY, SECURE, ACCURATE, COMPLETE, ENTIRELY ERROR-FREE OR VIRUS FREE NOR DOES LIGHTBRIDGE MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SITE OR SERVICES OR AS TO THE ACCURACY OR RELIABILITY OF ANY CONTENT OR ANY INFORMATION OR PRODUCTS OBTAINED THROUGH THE SITE OR THAT DEFECTS IN THE SERVICES WILL BE CORRECTED. YOU EXPRESSLY ACKNOWLEDGE THAT THIS SITE AND THE SERVICES ARE COMPUTER NETWORK-BASED SERVICES, WHICH MAY BE SUBJECT TO OUTAGES, INTERRUPTIONS, ATTACKS BY THIRD PARTIES AND DELAY OCCURRENCES. IN SUCH AN EVENT AND SUBJECT TO THE TERMS HEREOF, LIGHTBRIDGE SHALL USE COMMERCIALLY REASONABLE EFFORTS TO REMEDY MATERIAL INTERRUPTIONS AND WILL PROVIDE ADJUSTMENTS, REPAIRS AND REPLACEMENTS, WITHIN ITS CAPACITY, THAT ARE NECESSARY TO ENABLE THE SITE AND THE SERVICES TO PERFORM THEIR INTENDED FUNCTIONS IN A REASONABLE MANNER. YOU ACKNOWLEDGE THAT LIGHTBRIDGE DOES NOT WARRANT THAT SUCH EFFORTS WILL BE SUCCESSFUL. IF LIGHTBRIDGE'S EFFORTS ARE NOT SUCCESSFUL, YOU MAY TERMINATE THE APPLICABLE SERVICE AGREEMENT AND CEASE USING THE SITE. THE FOREGOING SHALL CONSTITUTE YOUR SOLE REMEDY, AND LIGHTBRIDGE'S SOLE LIABILITY, IN THE EVENT OF INTERRUPTION, OUTAGE OR OTHER DELAY OCCURRENCES IN THE LIGHTBRIDGE SERVICES. YOU WAIVE AND COVENANT NOT TO ASSERT ANY CLAIMS OR ALLEGATIONS OF ANY NATURE ARISING FROM OR RELATING TO YOUR USE OF THE SITE OR SERVICES, INCLUDING, WITHOUT LIMITATION, ALL CLAIMS AND ALLEGATIONS RELATING TO THE ALLEGED INFRINGEMENT OF PROPRIETARY RIGHTS, THE ALLEGED INACCURACY OF CONTENT, OR ALLEGATIONS THAT LIGHTBRIDGE HAS OR SHOULD INDEMNIFY, DEFEND, OR HOLD YOU HARMLESS FROM ANY CLAIM OR ALLEGATION ARISING FROM YOUR USE, REPUBLICATION OR OTHER EXPLOITATION OF THE SITE OR SERVICES. YOU USE THE SITE AT YOUR OWN RISK AND NEITHER LIGHTBRIDGE NOR THE PARTIES WHO PROVIDE INFORMATION AND MATERIALS FOR PUBLICATION WITHIN THE SITE WILL BE LIABLE FOR ANY DAMAGES ARISING FROM YOUR USE OF THIS SITE. YOU UNDERSTAND AND AGREE THAT ANY MATERIAL OR DATA DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE USE OF THE SITE OR THE SERVICES IS DONE AT YOUR OWN DISCRETION AND RISK AND THAT USER WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO ITS COMPUTER SYSTEM, LOSS OF SERVICE OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OR USE OF SUCH MATERIAL OR DATA. YOU USE THE SITE AT YOUR OWN RISK.

EXCEPT AS EXPRESSLY SET FORTH IN THIS SECTION, LIGHTBRIDGE SPECIFICALLY DISCLAIMS ALL REPRESENTATIONS, WARRANTIES, AND CONDITIONS WHETHER EXPRESS OR IMPLIED, ARISING BY STATUTE, OPERATION OF LAW, USAGE OF TRADE, COURSE OF DEALING, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO, WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR TITLE WITH RESPECT TO THE SITE OR SERVICES, OR OTHER SERVICES OR GOODS PROVIDED THROUGH THIS SITE. FOR THE AVOIDANCE OF DOUBT, YOU AGREE THAT LIGHTBRIDGE DOES NOT REPRESENT OR WARRANT THAT THE SERVICES OR SITE WILL BE AVAILABLE, ACCESSIBLE, UNINTERRUPTED, TIMELY, SECURE, ACCURATE, COMPLETE, OR ENTIRELY ERROR-FREE.

LIMITATION OF LIABILITY

LIGHTBRIDGE EXPRESSLY DISCLAIMS ANY LIABILITY OR LOSS ARISING FROM OR RELATED TO THE SITE OR ITS SERVICES (HOWEVER ARISING, INCLUDING NEGLIGENCE), INCLUDING WITHOUT LIMITATION, LIABILITY OR LOSS ASSOCIATED WITH UNAUTHORIZED ACCESS TO SERVERS, MERCHANT INTERFACES, WEBSITES, FACILITIES, OR YOUR DATA OR YOUR CUSTOMER DATA (INCLUDING CREDIT CARD NUMBERS AND OTHER PERSONALLY IDENTIFIABLE INFORMATION) DUE TO ACCIDENT, ILLEGAL OR FRAUDULENT MEANS, INCLUDING HACKING, OR DEVICES USED BY ANY THIRD PARTY, OR OTHER CAUSES BEYOND LIGHTBRIDGE'S REASONABLE CONTROL.YOU EXPRESSLY AGREE THAT LIGHTBRIDGE SHALL NOT BE LIABLE FOR ANY LOSS ARISING FROM INFILTRATION OF THE SERVICES, THE LIGHTBRIDGE SYSTEM OR SITE BY MEANS OF SOFTWARE VIRUSES, TROJAN HORSES, WORMS, TIME BOMBS, OR ANY OTHER SOFTWARE PROGRAMS, OR TECHNOLOGY DESIGNED OR INTENDED TO DISRUPT, DAMAGE, INTERCEPT OR EXPROPRIATE THE LIGHTBRIDGE SERVICES OR ANY SYSTEM, PROGRAM, DATA OR PERSONAL INFORMATION OR LIMIT THE FUNCTIONING OF THE SITE, SERVICES OR ANY SOFTWARE, HARDWARE, OR EQUIPMENT OR TO DAMAGE OR OBTAIN UNAUTHORIZED ACCESS TO ANY DATA OR ANY INFORMATION OF ANY THIRD PARTY. AS A CONDITION OF USE OF THE SITE AND SERVICES, YOU AGREE THAT NEITHER LIGHTBRIDGE, NOR ANY OFFICER, AFFILIATE, DIRECTOR, SHAREHOLDER, AGENT, CONTRACTOR OR EMPLOYEE OF LIGHTBRIDGE WILL BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, OR CONSEQUENTIAL LOSS OF PROFITS, LOSS OF EARNINGS, LOSS OF BUSINESS OPPORTUNITIES, DAMAGES, EXPENSES, OR COSTS RESULTING DIRECTLY OR INDIRECTLY FROM, OR OTHERWISE ARISING IN CONNECTION WITH THE SITE, SERVICES OR SERVICE AGREEMENTS, HOWEVER ARISING, INCLUDING WITHOUT LIMITATION, THE INABILITY TO USE THE SERVICES OR FOR COST OF PROCUREMENT OF SUBSTITUTE GOODS AND SERVICES OR RESULTING FROM ANY PRODUCTS, SERVICES PROVIDED OR OBTAINED OR TRANSACTIONS ENTERED INTO THROUGH THE SITE OR RESULTING FROM UNAUTHORIZED ACCESS TO, DELETION OR ALTERATION OF YOUR TRANSMISSIONS OR DATA OR FAILURE OF THE SITE TO STORE YOUR TRANSMISSIONS OR DATA, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, USE, DATA OR OTHER INTANGIBLE PROPERTY, EVEN IF LIGHTBRIDGE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE LIMITATIONS SET FORTH IN THIS SECTION APPLY TO THE ACTS, OMISSIONS, NEGLIGENCE, AND GROSS NEGLIGENCE OF LIGHTBRIDGE AND ITS AFFILIATES, PARENTS, SUBSIDIARIES, CONTRACTORS, SUBCONTRACTORS, OFFICERS, DIRECTORS, SHAREHOLDERS, MANAGERS, EMPLOYEES, AND AGENTS, WHICH, BUT FOR THIS PROVISION, WOULD GIVE RISE TO A COURSE OF ACTION IN CONTRACT, OR ANY OTHER LEGAL DOCTRINE. EXCEPT AS OTHERWISE LIMITED, OUR LIABILITY AND THE LIABILITY OF OUR PARENT, SUBSIDIARIES, OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS TO YOU OR ANY THIRD PARTIES IN ANY CIRCUMSTANCES SHALL BE LIMITED TO THE LESSER OF (A) THE AMOUNT YOU PAY LIGHTBRIDGE IN THE 30 DAYS PRIOR TO THE ACTION GIVING RISE TO LIABILITY OR (B) $100.

Applicable Law and Jurisdiction

The Site (excluding links) is controlled by Lightbridge and operated by Lightbridge from its offices in and around Burlington, Massachusetts. This Site is accessible in all fifty states and other countries, and each of these places has laws that may differ from those of Massachusetts and from each other. As you and Lightbridge both benefit from establishing a predictable legal environment in which to publish, access and use the Site, by publishing, accessing, and/or using this Site you and Lightbridge agree that all matters arising from or relating to the use and operation of this Site will be governed by the laws of The Commonwealth of Massachusetts, without regard to its conflicts of laws principles. You agree that all claims you may have arising from or relating to the operation or use of this Site will be heard and resolved in the courts of Boston, Massachusetts. You consent to the personal jurisdiction of such courts over you, stipulate to the fairness and convenience of proceeding in such courts, and covenant not to assert any objections to proceeding in such courts.

Trademarks

AIRPAY BY AUTHORIZE.NET, ALIAS, ALTALINKS, AUTHORIZE-IT, AUTHORIZE.NET, the Authorize.Net logo, AUTHORIZE.NET WHERE THE WORLD DOES BUSINESS ON THE WEB, AUTHORIZE.NET WHERE THE WORLD TRANSACTS, ECHECK.NET, FRAUDBUSTER, FRAUD CENTURION, FRAUDSCREEN.NET, FRAUD SENTINEL, LIGHTBRIDGE, the Lightbridge logo, POCKET AUTHORIZE.NET, PROFILE, AND TELESTO are registered trademarks of Lightbridge, and @RISK, AUTHENTICATENOW, AUTHORIZE.NET YOUR GATEWAY TO IP TRANSACTIONS, CAS, CUSTOMER ACQUISITION SYSTEM, CDS, CREDIT DECISION SYSTEM, ECHECK, EDS, ENHANCED DECISION MANAGEMENT, FRAUD DETECTION SUITE, GROUPTALK, INSIGHT, LIGHTBRIDGE TELESERVICES, POPS, POINT OF PURCHASE SYSTEM, RMS, and RETAIL MANAGEMENT SYSTEM are trademarks of Lightbridge. All other Company and product names referenced herein are the trademarks or registered trademarks of their respective holders. This list may be modified from time-to-time in Lightbridge's discretion. You shall not register or attempt to register any of the Company's marks or trademarks that would reasonably be deemed to be confusingly similar to any of the Company's marks or trademarks. You shall comply with all standards with respect to the Company's marks and all uses of the marks shall be consistent with Company standards. For further information on Company copyrights and trademarks, please contact web@lightbridge.com

Forward-Looking Statements

Certain statements that are not historical fact contained in the Site may constitute forward-looking statements. Such statements include, without limitation, statements about future financial and operating performance of Lightbridge, as well as Lightbridge's plans, strategies, objectives, expectations, intentions or other statements that are not historical fact. Such statements are based on the then current beliefs and expectations of the management of Lightbridge, and are subject to significant risks and uncertainty. 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) Lightbridge's revenue concentration in the wireless telecommunications business and the declining subscriber growth rate in that business, (iii) the adverse impact that the financial and operating difficulties of Lightbridges clients may have on Lightbridge's future revenues, and financial and operating results, (iv) continuing rapid change in the telecommunications industry and other markets in which Lightbridge does business that may affect both Lightbridge and its clients, (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 until such regulation, (vi) uncertainties associated with Lightbridge's ability to develop new products, services, and technologies, (vii) market acceptance of Lightbridge's new products, services, and technologies and continuing demand for Lightbridge's products, services, and technologies, (viii) the impact of competitive products, services, and pricing on both Lightbridge and its clients, (ix) current and future economic conditions including, without limitation, decreases or delays in capital spending by carriers and in new subscriber growth, and global economic recession, (x) integration, employee retention, recognition of cost and other benefits and revenue synergies, and other risks associated with mergers, acquisitions and divestitures, (xi) Lightbridge's ability to execute on its objectives, plans, or strategies including, without limitation, product or services development plans, the mobile business strategy and the plans to develop alliances and grow its client base, (xii) 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, (xiii) uncertainties associated with Lightbridge's ability to expand into new markets including, without limitation, the mobile business market, (xiv) the impact of restructuring charges and other charges on Lightbridge's business and operations, (xv) the industry risks associated with Lightbridges payment gateway business and operations including, without limitation, illegal or improper uses of payment system, unauthorized intrusions or attacks on the payment system that may impair its operation, changes or failures to comply with credit card association rules, governmental regulation and the application of existing laws to the payment gateway business and dependence on relationships with a third party payment processors, and (xvi) the factors disclosed in Lightbridge's filings with the U.S. Securities and Exchange Commission including, without limitation, its most recent report on Form 10-K. Lightbridge undertakes no obligation to update any forward-looking statements.

Nothing contained in this web site constitutes an offer to sell or solicitation of an offer to buy any of Lightbridge's securities.

Copyright � 2005
All rights reserved.