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LCC ANNOUNCES ACQUISITION OF LEADCOM

VIENNA, VA – July 03, 2014 Lightbridge Communications Corporation (LCC), a global leader in advanced wireless and wireline network services and solutions announced that it has acquired the full operations of Leadcom Integrated Solutions Ltd. (Leadcom).

Operating in Africa, Far East, Latin America and the Caribbean, Leadcom is a market leader in the provision, management, and implementation of telecommunication network deployment services and solutions for pan-regional operators, tower companies, vendors, and major enterprises.

Leadcom has over 20 years of experience and an extensive track record of successfully completing numerous telecommunication infrastructure projects, worldwide. Combined, in FY2014, the companies will generate $420 million in revenues with 5200 employees across 51 countries.

“Bringing the Leadcom brand into the LCC portfolio is a highly synergistic opportunity for both companies. Leadcom’s presence in Latin America and Africa offers LCC an established and expanded footprint for delivery of its network services offerings,” said Kenny Young, CEO of LCC.

“The opportunity to combine the skills and talents of these two great organizations represents a defining moment within the wireless industry.  LCC and Leadcom will immediately work together towards combined business development activities and expanding Leadcom’s services to other geographies.  We are excited about the significant benefits this acquisition will bring to the industry, our customers, and our employees,” said Ofer Ahiraz, CEO of Leadcom.

About LCC

Lightbridge Communications Corporation, the largest independent telecom services company in the world with local presence in over 40 countries, is a recognized leader in providing advanced wireless and wireline network services and solutions to Government, Enterprise and the Telecommunications industry. Proudly providing telecom expertise since 1983, LCC continues to be the thought leader in advanced engineering services and remains committed to offering innovative solutions; insight into cutting-edge developments and delivering advanced networking services to its clients. LCC is unique in its ability to offer local knowledge and global capabilities to its broad customer base of Telecom Operators, Enterprise and Government entities. News and additional company information are available at www.lcc.com.

About Leadcom Integrated Solutions Ltd.

Leadcom Integrated Solutions Ltd. is an international leader in the provision, management, and implementation of telecommunication network deployment services and solutions for pan-regional operators, vendors, and major enterprises. With extensive and longstanding experience building and upgrading networks worldwide, Leadcom is able to offer its customers excellent, comprehensive operation and maintenance services for their networks aimed at reducing the Operator's OPEX and increasing network efficiency and availability. For additional information, please see Leadcom’s website at www.leadcom-is.com.