|[June 23, 2004]
AuGRID's Director of R&D Unveils New Technology at Nanotubes & Nanofibres Convention
HOUSTON --(Business Wire)-- June 23, 2004 -- AuGRID Corporation (OTCBB:AGRD) announces that Byron Ziegler, Director of R&D, will represent the company at the Nanotubes and Nanofibres Expo at the Brussels Marriott Hotel in Belgium on June 22-23, 2004. This annual conference has been held since 1991, and is sponsored by European Plastic News. The world's leaders in Nanoparticles gather at this forum to review and examine current state-of-the-art activities in nanotechnology. (www.nanotubesandfibres.com)
AuGRID is preparing to unveil a patent pending Nanoparticle Product which has a variety of practical applications. These could apply to many fields, from agriculture to consumer products. This technology with advanced applications creates new possibilities for a large number of manufacturers in a variety of industries, which rely on powder materials to produce their products.
Mr. Ziegler will be unveiling AuGRID's most recent patent filing (#AUGR002USP) in the field of Nanomaterials to a wide range of manufacturers. These manufacturers will have the opportunity to license portions of it. Mr. Ziegler will also be networking and outsourcing materials, which are required for the mass production of specific technology currently in the final phase of patent filing at AuGRID.
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.
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