AuGRID Unveils New Website.

Business Editors/High-Tech Writers

CLEVELAND--(BUSINESS WIRE)--Sept. 19, 2003

In forecasting the direction of internet technologies and web based applications, AuGRID Corporation (OTCBB:AGRD) will be launching an all new website over the weekend supporting Microsoft's .NET format. "The new site will be easier to navigate and update. Primarily, it will allow for ease of interaction with the e-commerce capabilities to be implemented in our subsidiary's sites over the next several weeks," stated M.J. Shaheed, President of AuGRID Corporation. "After carefully reviewing our options and continuing to grow as a technology leader, we feel this is the way to go for our internet presence."

AuGRID Corporation is a technology-based organization engaged in the distribution and development of electronic and display devices.

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," "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.