AuGRID Subsidiary Delivers Body Armor Results
Tuesday February 10, 1:54 pm ET
HOUSTON--(BUSINESS WIRE)--Feb. 10, 2004--AuGRID Corporation`s (OTCBB:AGRD - News) subsidiary, Alysium Corporation, (www.alysiumcorp.com) has completed initial testing of its body armor. Utilizing an independent testing facility outside the Alysium environment, autonomous engineers established the validity of Alysium`s leading edge technology.
" Results were excellent and exceeded initial expectations," said MJ Shaheed, President of AuGRID Corporation. Alysium`s armor was placed over titanium plates with a variety of weaponry used to test the capacity. Shots were fired and absorbed by the armor, contacting the Titanium plate with diminished energy that splayed the bullet. The Titanium was dented, but solid, with no penetration. In a direct comparison, shots were fired at the backside of the titanium with no Alysium armor protection, only the Titanium plate, the same position, same distance, and same ammunition. The plate, pierced with no hesitation. " Our team has proved that our armor will save lives."
Alysium intends to commence series two testing later this month. Alysium continues to manufacture Class A, J Type thermocouples as well as contracted work for The Delphi Groupe and ongoing projects with Los Alamos National Laboratory and Bechtel Nevada.
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 nanoparticle 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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Contact:
AuGRID Corporation - Houston
Mary Horoszko, 713-532-2000
Website: www.augridcorp.com/
