AuGRID Signs Exclusive Representation Agreement with DiModica and Associates.Business Editors CLEVELAND--(BUSINESS WIRE)--April 30, 2003 AuGRID Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AGRD) announces the signing of an exclusive representation agreement with DiModica and Associates. DiModica and Associates, Florida's 2nd largest rep firm with $10 million in annual sales, has signed with AuGRID's distribution subsidiary to implement a new marketing strategy in the Southeastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and the Caribbean. DiModica and Associates deals primarily in the systems integration market, including the CEDIA CEDIA Custom Electronics Design and Installation Association CEDIA Cloned Enzyme Donor Immunoassay CEDIA Century Diamond , NSCA NSCA National Systems Contractors Association NSCA National Strength & Conditioning Association NSCA National Society for Clean Air and Environmental Protection (UK) NSCA National Street Car Association NSCA Nebraska Sprint Car Association and NAB segments. "This provides an established outlet for AuGRID's Distribution subsidiary to display its products," said 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. "AuGRID's high-end products fit naturally with DiModica's marketing savvy and proven track record." AuGRID's distribution subsidiary delivers next generation LCD and plasma displays Also called "gas discharge display," a flat-screen technology that uses tiny cells lined with phosphor that are full of inert ionized gas (typically a mix of xenon and neon). Three cells make up one pixel (one cell has red phosphor, one green, one blue). for end users in consumer and commercial electronic markets. AuGRID Corporation is a technology-based organization engaged in the distribution and development of electronic and display devices. AuGRID is committed to the production of products that are exclusively designed to change the way people see things. 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, 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. |
|
|||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion