WORKAROUND:
Extract the LiteSpeed database backup file to native SQL Sqerver format and restore using SQL Server.
>extractor.exe -Fd:\backup\master_LiteSpeed.bak -Ed:\backup\masterNative.bak -N1
RESTORE DATABASE master
FROM DISK = 'masterNative.bak'
WITH
MOVE 'Northwind' TO 'C:\Program Files\Microsoft SQL Server\MSSQL\data\mastert.mdf',
MOVE 'Northwind_log' TO 'C:\Program Files\Microsoft SQL Server\MSSQL\data\master_log.ldf'