die decke! HOUSTON--(BUSINESS WIRE)--March 4, 2004--AuGRID Corporation's (OTCBB:AGRD - News) subsidiary, Alysium Corporation, (www.alysiumcorp.com) has completed the series two testing of its body armor. Utilizing the same independent testing facility outside the Alysium environment, autonomous engineers found significant improvement in Alysium's leading edge technology.
Second series ballistic tests on improved design changes in the armor sample resulted in an increased resistance to the impact of the bullet. "We are continuing to develop a better system of defense", stated MJ Shaheed, President of AuGRID Corporation. "Our goal is to provide small arms protective inserts (SAPI) and heavy armor. President Bush spoke about spending 300 million dollars for life-saving body armor and 140 million dollars for heavily armored Humvee transport vehicles."
Alysium intends to accelerate the armor plating development program to begin manufacturing life saving armor. Alysium continues to manufacture Class A, J Type thermocouples as well as distribute an extensive line card of motors, sensors and drives.
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 and nanoparticle technology.
FORWARD LOOKING STATEMENT: This press release contains forward-looking statements and comments. 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
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