AuGRID Establishes International Presence in Middle East.

Business Editors

CLEVELAND--(BUSINESS WIRE)--Dec. 3, 2003

AuGRID Corporation (OTCBB:AGRD) has established a presence in the United Arab Emirates (UAE) to distribute the Optipure line of audio and video products.

"Our business agent is on the ground in Dubai and there is demand for our Optipure products in this region. We presented part of our Optipure product line for demonstration and the demand is overwhelming," stated MJ Shaheed, President and CEO of AuGRID Corporation. "The expanding open economy, large annual trade surplus and increasing standard of living in the UAE fuels a desire for high technology consumer goods like our Optipure Plasmas, LCD, Network-based Internet Audio, Amplifiers, Home Theater Decoders and Video Scalers."

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 nano particle 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.