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AuGRID Cancels S-8 Contracts.


Business Editors/High-Tech Writers

CLEVELAND--(BUSINESS WIRE)--Jan. 31, 2003

AuGRID Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AGRD), a distributor and future manufacturer of high-tech high-tech also hi-tech
adj. Informal
Of, relating to, or resembling high technology.


high-tech
Adjective

same as hi-tech

Adj. 1.
 electronic display devices, announces it has cancelled contracts with Todd Todd , Sir Alexander Robertus 1907-1997.

British chemist. He won a 1957 Nobel Prize for his study of nucleic acids and nucleotide structures.
 Bauman Bauman is a surname and may refer to:
  • Anna Bauman
  • Christopher Bauman, Jr.
  • Eric Bauman, owner of eBaum's World
  • Neil Bauman, father and secretary of Eric Bauman
  • Joe Bauman
  • Nikolay Bauman, Russian revolutionary
  • Robert Bauman
  • Zygmunt Bauman
 and Optima Ventures. The 1.8 million shares of common stock connected with these contracts and the S8 filing submitted to the SEC on January 14, 2003 has been cancelled with the stock transfer agent.

AuGRID Corporation, Inc., is a technology-based organization engaged in the manufacturing and distribution of high-tech electronic display devices. AuGRID is committed to the production of world class products that are exclusively designed to change the way people see things. Please visit http://www.augridcorp.com/.

FORWARD LOOKING STATEMENT: This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 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," "will," "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 here·of  
adv.
Of this.


hereof
Adverb

Formal or law of or concerning this

Adv. 1. hereof - of or concerning this; "the twigs hereof are physic"
, 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 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 31, 2003
Words:288
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