AuGRID Corporation Commences Production of High Accuracy Thermocouples.

Business Editors

CLEVELAND--(BUSINESS WIRE)--Dec. 4, 2003

AuGRID Corporation's (OTCBB:AGRD) subsidiary, Alysium Corporation, (www.alysiumcorp.com) has commenced production of high accuracy thermocouples. Alysium's thermocouples will provide increased accuracy, durability and dependability, a product like no other in the marketplace.

"We are at full manufacturing capacity and are manufacturing thermocouples today. We are currently negotiating with several distribution companies," stated MJ Shaheed, President and CEO of AuGRID Corporation. "Our thermocouples are just the beginning of the technologically advanced products that we will be introducing to the automotive, aerospace, defense, plastics and petroleum industries."

Alysium is currently distributing products including Eurotherm Drive and Control, Marathon Motors, Baldor Motors, Leeson Motors, Eurotherm Temp Controls, ACI Controls, IKO Bearings, Keyence, Red Lion and Anver as well as providing technical and support services on specific projects for The Delphi Groupe of Texas.

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 nanoparticle technology

FORWARD LOOKING STATEMENT: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act 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.