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AuGRID R&D Team Develops New Taggant Terrorist Stealth Tracking as a New Tool to Assist in the War on Terror
HOUSTON--(BUSINESS WIRE)--Aug. 3, 2004--AuGRID Corporation (OTCBB:AGRD) The AuGRID R&D team is actively pursuing partnerships to test and launch the Taggant Stealth Tracking Programs to assist in the war on terror. The five areas of AuGRID's taggant development include; 1) Vehicle/Vessel-tracking taggant, 2) enemy troop cluster taggants, designed for The Department of Defense, 3) human tracking taggants, designed for DEA, FBI, CIA, AFT, INS, NSA and the secret service, 4) currency tracking taggants, designed for The Treasury Department and 5) advanced special purpose tracking taggants, designed for The Department of Mapping and Imagery as well as advanced warfare studies.
"Our nation's current state of turmoil demands new tools for the intelligence community to identify and track movements of potential terrorist threats," said MJ Shaheed, AuGRID's President and CEO. The AuGRID ideal system of tracking does not reveal how the object or subject is identified thus minimizing the removal or interference of the taggant identifier. "Once enemy subjects have infiltrated U.S. friendly populations, the taggant will identify the wolf amongst the sheep," stated Shaheed.
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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SOURCE: AuGRID Corporation