Agriculture Writers / Business Editors HOUSTON--(BUSINESS WIRE)--Oct. 6, 2004--
AuGRID Corporation (OTCBB:AGRD) today announced it has
received from the United States Patents Office, a preliminary
acceptance notice on its provisional patent filed last May. The
Company is now preparing and amending the final draft of the full
patent filing under each of its applications. The Patent consist of
several combinations of particle design, based on the fundamental
interaction and transport of particles through various environments
using sophisticated techniques to unravel the transport and biological
processes taking place at the nano level.
AuGRID plans to provide a solution base and close interaction with
farmers to control the soil depletion in agricultural states in the US
and abroad. Depletion of soil fertility -- along with weed, pest, and
disease problems -- is a major biophysical cause of low per capita
food production. The potential of genetically improved crops cannot be
realized when soils are depleted of plant nutrients. AuGRID's basic
principal is based on reversing this condition.
AuGRID, which has several products ready for launch, has initiated
the process to bring these products to market under patent protection.
As a first step, the marketing team will target the multi-billion
dollar home gardening industry specifically industry giants, Home
Depot (NYSE:HD), Lowe's (NYSE:LOW) and Wal-Mart (NYSE:WMT). Step two
will be to facilitate this technology to the network of nurseries
associated with the delivery chain of pot plants to the retail
environment including most of the previously mentioned candidates. The
products will be marketed under the brand name, HydraDyne Systems.
An additional benefit of the HydraDyne formula is a potential
water retention system to increase the limited productivity of coarse
soils by increasing the water holding capacity and efficiency of water
use by plants.
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 specialty industrial
products. For additional information, please visit the corporate
website: www.augridcorp.com.
Legal Notice
"Forward-looking Statements" as defined in the Private Securities
Litigation Reform Act of 1995 may be included in this news release.
These statements relate to future events or our future financial
performance. These statements are only predictions and may differ
materially from actual future results or events. We disclaim any
intention or obligation to revise any forward-looking statements
whether as a result of new information, future developments or
otherwise. There are important risk factors that could cause actual
results to differ from those contained in forward-looking statements,
including, but not limited to risks associated with changes in general
economic and business conditions, actions of our competitors, the
extent to which we are able to develop new services and markets for
our services, the time and expense involved in such development
activities, the level of demand and market acceptance of our services,
changes in our business strategies and acts of terror against the
United States.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES
INDUSTRY KEYWORD: MANUFACTURING NATURAL RESOURCES AGRICULTURE RETAIL HOME GOODS SPECIALTY CONSUMER PRODUCT/SERVICE
SOURCE: AuGRID Corporation
CONTACT INFORMATION:
AuGRID Corporation, Houston
Corporate Communications, 713-532-2000
or
Equitilink LLC
Investor Relations, 877-788-1940
This could go.............
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Whoever is first in the field and awaits
the coming of the enemy, will be fresh for the fight; whoever is
second in the field and has to hasten to battle will arrive
exhausted.
- Sun Tzu
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