Lisa is best known for playing Beth Tinker in Coronation Street.
The soap star has become the sixth confirmed celebrity contestant on next year's cast.
Lisa appeared live on Lorraine to confirm the news, joining Michael Barrymore, Maura Higgins, Kevin Kilbane, Lucrezia Millarini and Steps singer Ian 'H' Watkins on the line up.
Lisa will now don her skates, alongside eleven other celebrities, in a bid to become champion of the ice.
On joining the show, Lisa said: "I haven't been on the ice for about 40 years. Yesterday was my first session on the ice. It was good, I really enjoyed it, I did't fall. I was a bit scared, I was quite nervous.
"I can't believe I'm 50 next year and I just thought 'if I don't do this now I'm never going to have the chance to do it again'."
Lisa is the second celeb to be confirmed for Dancing On Ice today, following Steps singer H.
He appeared live on Good Morning Britain to confirm the news, saying: "What am I doing? I have frantically been You Tubing James Jordan and Ray Quinn. I have kids now so it's a skill I can learn and take my kids to the ice.
"It's scary and exciting and now there's no turning back. I know I'm going to be put through my paces and that's the name of the game."
Further celebrity reveals will take place throughout the week.
Dancing On Ice will return to TV in 2020 on ITV.
Phillip Schofield and Holly Willoughby once again return to present the show.
The new series will see John Barrowman join Torvill and Dean and Ashley Banjo on the panel.