AuGRID Corporation Shareholders Communication.

HOUSTON -- AuGRID Corporation (OTCBB:AGRI) would like to take the opportunity to thank the shareholders that came to the company's annual meeting. The 2004 Annual Meeting of Stockholders of AuGRID Corporation was held on Friday, October 22, 2004, at the Marriott Cleveland Key Center, Cleveland, Ohio. This forum proved to be an affective way for shareholders of record to get a factual update of the company's progress and engage management in an open Q&A session.

Key topics at this year's meeting included but where not limited to:

--Facts and update on litigation against CeraVision.

--Commitment by management for the review of all consulting contracts and S-8 registered shares disbursed for the purpose of business advancement and issue a recall of any stock where unsatisfactory services were rendered.

--Progress and update from the R&D department on the Nanoparticle & Armor Plating projects.

--Progress and future of OptiPure products, marketing and distribution channels.

--Update on the completion, state of projects in the U.S., Australia as well as those being handled by consultants including but not limited to the integration of a new distribution / showroom facility in Dubai by Ahmad Alyasin.

--Update on project from the Alysium Distribution division and forecast on business going forward.

--The Board of Directors approved that all shareholders of record, date July 14, 2002 will be gifted their original common stock position.

--The management team voted to return their gifted shares back to the treasury from the above mentioned action.

AuGRID is seeking to create a program of constant contact and accurate information with its shareholders. The campaign is being initiated with an effort to update and or correct personal contact information for individual shareholders of records via an electronic form. The link to this form can be found at the corporate website under "investor relation" - http://www.augridcorp.com/investor.aspx. In order to assist us in registering and updating information with our transfer agent and our corporate records, please take a few minutes to register your information.

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 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.