AuGRID's Subsidiary to Deliver High Accuracy Thermocouples.Business Editors CLEVELAND--(BUSINESS WIRE)--Dec. 10, 2003 AuGRID Corporation's (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AGRD) subsidiary, Alysium Corporation, (www.alysiumcorp.com) has completed all final refinements of their High Accuracy, J-Type Thermocouple. On December 12, 2003, Alysium Corporation's Scientific Team will deliver ULTRA-High Accuracy J-Type Thermocouples to customers. In addition, the Alysium Marketing Department is in discussions with several companies to distribute product nationwide with ramp-up to global distribution of their ULTRA-High Accuracy Thermocouples. Distributor bidding status ends Friday, January 23rd 2004, at 5:00 P.M. CST CST abbr. 1. Central Standard Time 2. convulsive shock treatment CST Central Standard Time Noun 1. . Concurrently, Alysium is working on body armor Noun 1. body armor - armor that protects the wearer's whole body body armour, cataphract, coat of mail, suit of armor, suit of armour armet - a medieval helmet with a visor and a neck guard prototypes to be tested by an independent group before being sent to Aberdeen Proving Ground Aberdeen Proving Ground (APG) is a United States Army facility located near Aberdeen, Maryland (in Harford County). The Army's oldest active proving ground, it was established on October 20, 1917, six months after the United States entered World War I. , Maryland. The intellectual property is being prepared for filing with the USPTO USPTO abbr. United States Patent and Trademark Office (United States Patent and Trademark Office The United States Patent and Trademark Office (PTO or USPTO) is an agency in the United States Department of Commerce that provides patent protection to inventors and businesses for their inventions, and trademark registration for product and intellectual property ) to give Alysium a leading edge in body armor technology. Alysium's armor is a lightweight composite that can provide protection as heavy and light vehicle armor and personnel body armor. "Simply stated, we are doing everything different, warfare is no longer conventional," confirmed MJ Shaheed Noun 1. shaheed - Arabic term for holy martyrs; applied by Palestinians to suicide bombers Arabic, Arabic language - the Semitic language of the Arabs; spoken in a variety of dialects martyr, sufferer - one who suffers for the sake of principle , President of AuGRID Corporation. "Our team has found a way to 'save lives' and lower the weight of the Armor Load on the troops and the vehicles they use." Alysium will commence prototype "live-fire" testing within 60 days. The Alysium Team has recently attended the Lightweight Materials Conference, presented by the Institute for Defense and Government Advancement, in New Orleans. As a direct result, Alysium is now involved in forming strategic partnerships with companies developing innovative technologies in the field of lightweight armor. The Alysium Engineering Team, contracted by The Delphi Groupe of Texas in October, is completing complex assignments on time and to the organizations highest standards of excellence. Their ongoing projects with Los Alamos National Laboratory Los Alamos National Laboratory (LANL) (previously known at various times as Site Y, Los Alamos Laboratory, and Los Alamos Scientific Laboratory) is a United States Department of Energy (DOE) national laboratory, managed and operated by Los Alamos National and Bechtel Nevada are moving into the next stage of project transfer to the Nevada desert. AuGRID Corporation and its subsidiaries, Alysium Corporation and Optipure, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , are technology based organizations, specializing in the manufacturing, distribution and development of electronic and display devices, thermocouples, silicon carbide tools and nanoparticle 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. |
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