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AuGRID's Optipure Division To Commence Distribution In Australia.


HOUSTON -- AuGRID Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AGRI AGRI. Arable land in the common fields. Cunn. Dict. h.t. ) announced today the appointment of MegaScreen Australia Pty Ltd PTY LTD Propriety Limited (company structure in Australia)  (MSA (Metropolitan Service Area) An urban area with at least 50,000 people plus surrounding counties. There are 306 MSAs and 428 RSAs (rural service areas) in the U.S. MSAs and RSAs are used to allocate cellular licenses. ) (http://megascreen.com.au), as the Australasian distributor for the extensive range of commercial gas plasma See plasma display.  and LCD screens manufactured and distributed by AuGRID's Optipure Division. MegaScreen is involved in implementation, integration and content management for large-scale digital signage projects throughout Australia.

Over the past few months AuGRID has been working with the MegaScreen team to develop a product suitable for a variety of multi-million dollar commercial projects requiring special engineering and custom software. "A couple of custom built 60" plasma display panels have been submitted for evaluation and we are confident that this will generate purchase orders," stated JC Gonzalez, Division head for Optipure LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
.

MegaScreen CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Jim Doriean said, "The advanced technology in the Optipure screens will enable us to provide the very best images in our high end commercial applications. We have been delighted with the ability and willingness of Optipure to ensure that our very specific application needs are met."

AuGRID Corporation and its subsidiaries, Alysium Corporation and Optipure, LLC, are technology based organizations, specializing in the manufacturing, distribution and development of electronic and display devices, thermocouples, silicon carbide tools and nanoparticles technology.

FORWARD LOOKING STATEMENT: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. The statements regarding AuGRID Corporation in this release that are not historical in nature, particularly those that utilize terminology such as "may," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which AuGRID Corporation has derived from the information currently available to it. These forward-looking statements involve known and unknown risks and uncertainties that may cause our results to be materially different from results implied in such forward-looking statements. Important factors known to AuGRID Corporation that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in AuGRID Corporation's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and AuGRID Corporation undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 11, 2004
Words:377
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